taxes Property Tax Assistance

2021 ISD Summary Worksheet

183-Panola /Panola County

210-902/Joaquin ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	2,927,730	N/A	2,927,730	2,927,730
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	862,520	N/A	862,520	862,520
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	569,212	N/A	569,212	569,212
D2 - FARM & RANCH IMP	286,580	N/A	286,580	286,580
E - NON-AG LAND AND IMPROVEMENTS	1,760,240	N/A	1,760,240	1,760,240
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	6,720,300	N/A	6,720,300	6,720,300
J - ALL UTILITIES	5,029,340	N/A	5,029,340	5,029,340
L1 - COMMERCIAL PERSONAL	70,300	N/A	70,300	70,300
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	546,610	N/A	546,610	546,610
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	18,772,832	0	18,772,832	18,772,832
Less Total Deductions	1,763,022	0	1,763,022	1,763,022
Total Taxable Value	17,009,810	0	17,009,810	17,009,810

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
17,329,980	17,009,810	16,962,585	16,642,415

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
320,170	367,395

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
17,329,980	17,009,810	16,962,585	16,642,415

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

210-Shelby /Shelby County

210-902/Joaquin ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	52,042,362	0.9241	56,316,808	56,316,808
B - MULTIFAMILY	296,500	N/A	296,500	296,500
C1 - VACANT LOTS	2,605,362	N/A	2,605,362	2,605,362
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,056,369	1.1605	6,080,484	6,080,484
D2 - FARM & RANCH IMP	2,232,550	N/A	2,232,550	2,232,550
E - NON-AG LAND AND IMPROVEMENTS	51,855,980	0.8775	59,095,134	59,095,134
F1 - COMMERCIAL REAL	13,672,882	0.9927	13,773,428	13,773,428
F2 - INDUSTRIAL REAL	227,390	N/A	227,390	227,390
G - ALL MINERALS	16,067,750	N/A	16,067,750	16,067,750
J - ALL UTILITIES	73,649,750	0.9608	76,654,611	76,654,611
L1 - COMMERCIAL PERSONAL	8,926,400	N/A	8,926,400	8,926,400
L2 - INDUSTRIAL PERSONAL	15,655,360	N/A	15,655,360	15,655,360
M1 - MOBILE HOMES	7,478,270	N/A	7,478,270	7,478,270
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	8,300	N/A	8,300	8,300
Subtotal	251,775,225	0	265,418,347	265,418,347
Less Total Deductions	54,301,845	0	56,609,633	56,609,633
Total Taxable Value	197,473,380	0	208,808,714	208,808,714

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
215,320,695	208,808,714	208,009,815	201,497,834

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,511,981	7,310,880

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
215,320,695	208,808,714	208,009,815	201,497,834

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)

210-902-02/Joaquin ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	54,970,092	0.9279	59,244,538	59,244,538
B - MULTIFAMILY	296,500	N/A	296,500	296,500
C1 - VACANT LOTS	3,467,882	N/A	3,467,882	3,467,882
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,625,581	1.1468	6,649,696	6,649,696
D2 - FARM & RANCH IMP	2,519,130	N/A	2,519,130	2,519,130
E - NON-AG LAND AND IMPROVEMENTS	53,616,220	0.8810	60,855,374	60,855,374
F1 - COMMERCIAL REAL	13,672,882	0.9927	13,773,428	13,773,428
F2 - INDUSTRIAL REAL	227,390	N/A	227,390	227,390
G - ALL MINERALS	22,788,050	N/A	22,788,050	22,788,050
J - ALL UTILITIES	78,679,090	0.9632	81,683,951	81,683,951
L1 - COMMERCIAL PERSONAL	8,996,700	N/A	8,996,700	8,996,700
L2 - INDUSTRIAL PERSONAL	15,655,360	N/A	15,655,360	15,655,360
M1 - MOBILE HOMES	8,024,880	N/A	8,024,880	8,024,880
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	8,300	N/A	8,300	8,300
Subtotal	270,548,057		284,191,179	284,191,179
Less Total Deductions	56,064,867		58,372,655	58,372,655
Total Taxable Value	214,483,190		225,818,524	225,818,524

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
232,650,675	225,818,524	224,972,400	218,140,249

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,832,151	7,678,275

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
232,650,675	225,818,524	224,972,400	218,140,249

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