Statewide School District Taxable Values
Final 2002 vs. Preliminary 2003 (in billions)
Property Category 2002 Final Value 2003 Prel. Value % Change $ Change A. Single-family Residences $548.01 $594.18 8.42% $46.17 B. Multi-family Residences 53.58 55.42 3.43% 1.84 C. Vacant Lots 25.84 27.59 6.77% 1.75 D. Rural Real 51.77 53.85 4.02% 2.08 F1. Commercial Real 169.03 173.96 2.92% 4.94 F2. Industrial Real 70.37 68.64 -2.47% -1.74 G. Oil, Gas, Minerals 40.94 39.60 -3.27% -1.34 J. Utilities 41.07 38.97 -5.12% -2.10 L1. Commercial Personal 86.51 86.60 0.11% .09 L2. Industrial Personal 54.35 55.23 1.61% .87 M. Other Personal 5.44 5.36 -1.56% -.08 N. Intangible Personal & Uncertified * 5.42 .01 -99.83% -5.41 O. Residential Inventory 4.20 4.89 16.35% .69 S. Special Inventory 3.61 3.53 -2.28% -.08 Subtotals 1,160.15 1,207.82 4.11% 47.67 Homestead $15,000 63.31 65.34 3.21% 2.03 Homestead $10,000 10.91 11.16 2.31% .25 Disabled Veteran 1.23 1.30 5.53% .07 65+ Tax Ceiling Loss Value 35.19 38.45 9.25% 3.26 Abatements .17 .06 -64.83% -.11 Tax Increment Finance 4.18 4.27 1.95% .08 Freeport Exemption 10.00 10.45 4.55% .45 Pollution Control 5.13 5.46 7.03% .36 Deferred Payment .44 .65 48.14% .21 Capped Homesteads 14.16 10.93 -22.79% -3.23 Other Exemptions .24 .15 -38.26% -.09 Less Total Exemptions 144.96 148.25 2.26% 3.28 Total Taxable Value $1,015.19 $1,059.57 4.37% $44.39 NOTE: Totals may not add because numbers are rounded.
* Not a valid comparison because reporting procedures changed from 2002 to 2003.
Source: Carole Keeton Strayhorn, Texas Comptroller of Public Accounts, Property Tax Division.
