Templates for Determining Price Adjustments
per section 23.175 of the Property Tax Code
Below are templates certified by section 23.175 of the Property Tax Code outlining the formula for the escalation or de-escalation of crude oil and natural gas prices.
Right-click and select "Save Link As..." to download templates to your computer.
U.S. Energy Information Administration
- AEO NATURAL GAS: HENRY HUB SPOT PRICE
- AEO NOMINAL PETROLEUM PRICES: CRUDE OIL: WEST TEXAS INTERMEDIATE SPOT
2022
- 2022 Template for Calculating Escalation Factors
- 2022 Template for Determining Price Adjustment Factors
2021
- 2021 Template for Calculating Escalation Factors
- 2021 Template for Determining Price Adjustment Factors
2020
- 2020 Template for calculating Escalation Factors
- 2020 Template for determining Price Adjustment Factors
2019
- 2019 Template for calculating Escalation Factors
- 2019 Template for determining Price Adjustment Factors
2018
- 2018 Template for calculating Escalation Factors
- 2018 Template for determining Price Adjustment Factors
2017
- 2017 Template for calculating Escalation Factors
- 2017 Template for determining Price Adjustment Factors
2016
- 2016 Template for calculating Escalation Factors
- 2016 Template for determining Price Adjustment Factors
2015
- 2015 Template for calculating Escalation Factors
- 2015 Template for determining Price Adjustment Factors
2014
- 2014 Template for calculating Escalation Factors
- 2014 Template for determining Price Adjustment Factors
2013
- 2013 Template for calculating Escalation Factors
- 2013 Template for determining Price Adjustment Factors
You can find the full SB 1505 literature at the Texas Legislature Online site.