taxes Property Tax Assistance

2020 ISD Summary Worksheet

112-Hopkins

112-901/Sulphur Springs ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 645,301,950 0.8929 722,703,494 722,703,494
B - MULTIFAMILY 34,150,870 N/A 34,150,870 34,150,870
C1 - VACANT LOTS 12,712,380 N/A 12,712,380 12,712,380
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,649,244 1.1464 16,267,507 16,267,507
D2 - FARM & RANCH IMP 2,190,840 N/A 2,190,840 2,190,840
E - NON-AG LAND AND IMPROVEMENTS 261,324,080 0.8526 306,502,557 306,502,557
F1 - COMMERCIAL REAL 251,736,959 0.6978 360,758,038 360,758,038
F2 - INDUSTRIAL REAL 51,707,453 N/A 51,707,453 51,707,453
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 55,338,640 N/A 55,338,640 55,338,640
L1 - COMMERCIAL PERSONAL 137,823,908 1.0041 137,261,137 137,261,137
L2 - INDUSTRIAL PERSONAL 219,323,810 N/A 219,323,810 219,323,810
M1 - MOBILE HOMES 11,845,010 N/A 11,845,010 11,845,010
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,103,400 N/A 1,103,400 1,103,400
S - SPECIAL INVENTORY 11,285,450 N/A 11,285,450 11,285,450
Subtotal 1,714,493,994 0 1,943,150,586 1,943,150,586
Less Total Deductions 247,098,109 0 279,496,334 279,496,334
Total Taxable Value 1,467,395,885 0 1,663,654,252 1,663,654,252

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
1,709,865,509 1,663,654,252 1,709,865,509 1,663,654,252


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
46,211,257 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
1,709,865,509 1,663,654,252 1,709,865,509 1,663,654,252

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 645,301,950 0.8929 722,703,494 722,703,494
B - MULTIFAMILY 34,150,870 N/A 34,150,870 34,150,870
C1 - VACANT LOTS 12,712,380 N/A 12,712,380 12,712,380
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,649,244 1.1464 16,267,507 16,267,507
D2 - FARM & RANCH IMP 2,190,840 N/A 2,190,840 2,190,840
E - NON-AG LAND AND IMPROVEMENTS 261,324,080 0.8526 306,502,557 306,502,557
F1 - COMMERCIAL REAL 251,736,959 0.6978 360,758,038 360,758,038
F2 - INDUSTRIAL REAL 51,707,453 N/A 51,707,453 51,707,453
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 55,338,640 N/A 55,338,640 55,338,640
L1 - COMMERCIAL PERSONAL 137,823,908 1.0041 137,261,137 137,261,137
L2 - INDUSTRIAL PERSONAL 219,323,810 N/A 219,323,810 219,323,810
M1 - MOBILE HOMES 11,845,010 N/A 11,845,010 11,845,010
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,103,400 N/A 1,103,400 1,103,400
S - SPECIAL INVENTORY 11,285,450 N/A 11,285,450 11,285,450
Subtotal 1,714,493,994 1,943,150,586 1,943,150,586
Less Total Deductions 247,098,109 279,496,334 279,496,334
Total Taxable Value 1,467,395,885 1,663,654,252 1,663,654,252

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
1,709,865,509 1,663,654,252 1,709,865,509 1,663,654,252


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
46,211,257 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
1,709,865,509 1,663,654,252 1,709,865,509 1,663,654,252

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