taxes Property Tax Assistance

2018 ISD Summary Worksheet

112-Hopkins

112-901/Sulphur Springs ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 570,129,190 0.7879 723,606,029 723,606,029
B. MULTIFAMILY RESIDENCES 33,589,710 N/A 33,589,710 33,589,710
C1. VACANT LOTS 13,624,380 N/A 13,624,380 13,624,380
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,247,940 0.9367 19,480,430 19,480,430
D2. REAL PROP:FARM & RANCH 7,669,520 N/A 7,669,520 7,669,520
E. REAL PROP NONQUAL ACREAGE 240,076,090 0.8192 293,061,633 293,061,633
F1. COMMERCIAL REAL 231,419,094 0.8497 272,353,883 272,353,883
F2. INDUSTRIAL REAL 40,613,580 N/A 40,613,580 40,613,580
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 49,243,793 N/A 49,243,793 49,243,793
L1. COMMERCIAL PERSONAL 125,576,277 1.0035 125,138,293 125,138,293
L2. INDUSTRIAL PERSONAL 165,516,396 N/A 165,516,396 165,516,396
M. MOBILE HOMES 10,133,730 N/A 10,133,730 10,133,730
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,672,741 N/A 1,672,741 1,672,741
S. SPECIAL INVENTORY 9,851,005 N/A 9,851,005 9,851,005
Subtotal 1,517,363,446 0 1,765,555,123 1,765,555,123
Less Total Deductions 236,286,657 0 300,374,762 300,374,762
Total Taxable Value 1,281,076,789 0 1,465,180,361 1,465,180,361

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
1,511,467,257 1,465,180,361 1,511,467,257 1,465,180,361


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
46,286,896 0


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
1,511,467,257 1,465,180,361 1,511,467,257 1,465,180,361

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

112-901-02/Sulphur Springs ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 570,129,190 0.7879 723,606,029 723,606,029
B. MULTIFAMILY RESIDENCES 33,589,710 N/A 33,589,710 33,589,710
C1. VACANT LOTS 13,624,380 N/A 13,624,380 13,624,380
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,247,940 0.9367 19,480,430 19,480,430
D2. REAL PROP:FARM & RANCH 7,669,520 N/A 7,669,520 7,669,520
E. REAL PROP NONQUAL ACREAGE 240,076,090 0.8192 293,061,633 293,061,633
F1. COMMERCIAL REAL 231,419,094 0.8497 272,353,883 272,353,883
F2. INDUSTRIAL REAL 40,613,580 N/A 40,613,580 40,613,580
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 49,243,793 N/A 49,243,793 49,243,793
L1. COMMERCIAL PERSONAL 125,576,277 1.0035 125,138,293 125,138,293
L2. INDUSTRIAL PERSONAL 165,516,396 N/A 165,516,396 165,516,396
M. MOBILE HOMES 10,133,730 N/A 10,133,730 10,133,730
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,672,741 N/A 1,672,741 1,672,741
S. SPECIAL INVENTORY 9,851,005 N/A 9,851,005 9,851,005
Subtotal 1,517,363,446 1,765,555,123 1,765,555,123
Less Total Deductions 236,286,657 300,374,762 300,374,762
Total Taxable Value 1,281,076,789 1,465,180,361 1,465,180,361

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
1,511,467,257 1,465,180,361 1,511,467,257 1,465,180,361


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
46,286,896 0


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
1,511,467,257 1,465,180,361 1,511,467,257 1,465,180,361

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