taxes Property Tax Assistance

2019 ISD Summary Worksheet

112-Hopkins

112-901/Sulphur Springs ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 625,427,780 0.9455 661,478,350 661,478,350
B. MULTIFAMILY RESIDENCES 34,337,810 N/A 34,337,810 34,337,810
C1. VACANT LOTS 13,047,370 N/A 13,047,370 13,047,370
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,829,431 1.2583 14,964,475 14,964,475
D2. REAL PROP:FARM & RANCH 6,907,120 N/A 6,907,120 6,907,120
E. REAL PROP NONQUAL ACREAGE 248,903,600 0.9714 256,231,830 256,231,830
F1. COMMERCIAL REAL 242,823,807 0.8435 287,876,475 287,876,475
F2. INDUSTRIAL REAL 48,506,573 N/A 48,506,573 48,506,573
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 51,443,120 N/A 51,443,120 51,443,120
L1. COMMERCIAL PERSONAL 131,199,732 0.9936 132,044,819 132,044,819
L2. INDUSTRIAL PERSONAL 169,610,901 N/A 169,610,901 169,610,901
M. MOBILE HOMES 11,314,440 N/A 11,314,440 11,314,440
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,227,531 N/A 1,227,531 1,227,531
S. SPECIAL INVENTORY 10,780,907 N/A 10,780,907 10,780,907
Subtotal 1,614,360,122 0 1,699,771,721 1,699,771,721
Less Total Deductions 251,982,416 0 267,493,298 267,493,298
Total Taxable Value 1,362,377,706 0 1,432,278,423 1,432,278,423

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
1,478,426,650 1,432,278,423 1,478,426,650 1,432,278,423


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
46,148,227 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
1,478,426,650 1,432,278,423 1,478,426,650 1,432,278,423

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 625,427,780 0.9455 661,478,350 661,478,350
B. MULTIFAMILY RESIDENCES 34,337,810 N/A 34,337,810 34,337,810
C1. VACANT LOTS 13,047,370 N/A 13,047,370 13,047,370
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,829,431 1.2583 14,964,475 14,964,475
D2. REAL PROP:FARM & RANCH 6,907,120 N/A 6,907,120 6,907,120
E. REAL PROP NONQUAL ACREAGE 248,903,600 0.9714 256,231,830 256,231,830
F1. COMMERCIAL REAL 242,823,807 0.8435 287,876,475 287,876,475
F2. INDUSTRIAL REAL 48,506,573 N/A 48,506,573 48,506,573
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 51,443,120 N/A 51,443,120 51,443,120
L1. COMMERCIAL PERSONAL 131,199,732 0.9936 132,044,819 132,044,819
L2. INDUSTRIAL PERSONAL 169,610,901 N/A 169,610,901 169,610,901
M. MOBILE HOMES 11,314,440 N/A 11,314,440 11,314,440
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,227,531 N/A 1,227,531 1,227,531
S. SPECIAL INVENTORY 10,780,907 N/A 10,780,907 10,780,907
Subtotal 1,614,360,122 1,699,771,721 1,699,771,721
Less Total Deductions 251,982,416 267,493,298 267,493,298
Total Taxable Value 1,362,377,706 1,432,278,423 1,432,278,423

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
1,478,426,650 1,432,278,423 1,478,426,650 1,432,278,423


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
46,148,227 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
1,478,426,650 1,432,278,423 1,478,426,650 1,432,278,423

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