taxes Property Tax Assistance

2018 ISD Summary Worksheet

092-Gregg

092-907/Spring Hill ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 496,844,909 N/A 496,844,909 496,844,909
B. MULTIFAMILY RESIDENCES 27,307,140 N/A 27,307,140 27,307,140
C1. VACANT LOTS 3,341,843 N/A 3,341,843 3,341,843
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 234,281 N/A 234,281 234,281
D2. REAL PROP:FARM & RANCH 166,890 N/A 166,890 166,890
E. REAL PROP NONQUAL ACREAGE 25,946,671 N/A 25,946,671 25,946,671
F1. COMMERCIAL REAL 22,984,871 N/A 22,984,871 22,984,871
F2. INDUSTRIAL REAL 503,660 N/A 503,660 503,660
G. OIL,GAS,MINERALS 12,664,037 N/A 12,664,037 12,664,037
J. UTILITIES 8,753,060 N/A 8,753,060 8,753,060
L1. COMMERCIAL PERSONAL 13,064,520 N/A 13,064,520 13,064,520
L2. INDUSTRIAL PERSONAL 2,372,420 N/A 2,372,420 2,372,420
M. MOBILE HOMES 1,282,210 N/A 1,282,210 1,282,210
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 9,051,196 N/A 9,051,196 9,051,196
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 624,517,708 0 624,517,708 624,517,708
Less Total Deductions 95,457,366 0 95,457,366 95,457,366
Total Taxable Value 529,060,342 0 529,060,342 529,060,342

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
548,437,582 529,060,342 516,865,035 497,487,795


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,377,240 31,572,547


T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
548,437,582 529,060,342 516,865,035 497,487,795

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction


T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

092-907-02/Spring Hill ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 496,844,909 N/A 496,844,909 496,844,909
B. MULTIFAMILY RESIDENCES 27,307,140 N/A 27,307,140 27,307,140
C1. VACANT LOTS 3,341,843 N/A 3,341,843 3,341,843
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 234,281 N/A 234,281 234,281
D2. REAL PROP:FARM & RANCH 166,890 N/A 166,890 166,890
E. REAL PROP NONQUAL ACREAGE 25,946,671 N/A 25,946,671 25,946,671
F1. COMMERCIAL REAL 22,984,871 N/A 22,984,871 22,984,871
F2. INDUSTRIAL REAL 503,660 N/A 503,660 503,660
G. OIL,GAS,MINERALS 12,664,037 N/A 12,664,037 12,664,037
J. UTILITIES 8,753,060 N/A 8,753,060 8,753,060
L1. COMMERCIAL PERSONAL 13,064,520 N/A 13,064,520 13,064,520
L2. INDUSTRIAL PERSONAL 2,372,420 N/A 2,372,420 2,372,420
M. MOBILE HOMES 1,282,210 N/A 1,282,210 1,282,210
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 9,051,196 N/A 9,051,196 9,051,196
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 624,517,708 624,517,708 624,517,708
Less Total Deductions 95,457,366 95,457,366 95,457,366
Total Taxable Value 529,060,342 529,060,342 529,060,342

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
548,437,582 529,060,342 516,865,035 497,487,795


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
19,377,240 31,572,547


T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
548,437,582 529,060,342 516,865,035 497,487,795

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption