taxes Property Tax Assistance

2021 ISD Summary Worksheet

112-Hopkins /Hopkins County

112-901/Sulphur Springs ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 744,513,980 0.7783 956,589,978 956,589,978
B - MULTIFAMILY 34,750,260 N/A 34,750,260 34,750,260
C1 - VACANT LOTS 12,656,040 N/A 12,656,040 12,656,040
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,663,434 1.0688 17,461,822 17,461,822
D2 - FARM & RANCH IMP 2,433,560 N/A 2,433,560 2,433,560
E - NON-AG LAND AND IMPROVEMENTS 309,312,450 0.7944 389,366,125 389,366,125
F1 - COMMERCIAL REAL 375,061,541 0.9910 378,467,751 378,467,751
F2 - INDUSTRIAL REAL 51,126,890 N/A 51,126,890 51,126,890
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 60,306,732 N/A 60,306,732 60,306,732
L1 - COMMERCIAL PERSONAL 140,178,629 0.9908 141,480,247 141,480,247
L2 - INDUSTRIAL PERSONAL 215,395,291 N/A 215,395,291 215,395,291
M1 - MOBILE HOMES 12,908,140 N/A 12,908,140 12,908,140
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,108,380 N/A 1,108,380 1,108,380
S - SPECIAL INVENTORY 13,893,661 N/A 13,893,661 13,893,661
Subtotal 1,992,308,988 0 2,287,944,877 2,287,944,877
Less Total Deductions 297,686,234 0 395,653,346 395,653,346
Total Taxable Value 1,694,622,754 0 1,892,291,531 1,892,291,531

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
1,938,761,303 1,892,291,531 1,938,761,303 1,892,291,531


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
46,469,772 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
1,938,761,303 1,892,291,531 1,938,761,303 1,892,291,531

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 744,513,980 0.7783 956,589,978 956,589,978
B - MULTIFAMILY 34,750,260 N/A 34,750,260 34,750,260
C1 - VACANT LOTS 12,656,040 N/A 12,656,040 12,656,040
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,663,434 1.0688 17,461,822 17,461,822
D2 - FARM & RANCH IMP 2,433,560 N/A 2,433,560 2,433,560
E - NON-AG LAND AND IMPROVEMENTS 309,312,450 0.7944 389,366,125 389,366,125
F1 - COMMERCIAL REAL 375,061,541 0.9910 378,467,751 378,467,751
F2 - INDUSTRIAL REAL 51,126,890 N/A 51,126,890 51,126,890
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 60,306,732 N/A 60,306,732 60,306,732
L1 - COMMERCIAL PERSONAL 140,178,629 0.9908 141,480,247 141,480,247
L2 - INDUSTRIAL PERSONAL 215,395,291 N/A 215,395,291 215,395,291
M1 - MOBILE HOMES 12,908,140 N/A 12,908,140 12,908,140
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,108,380 N/A 1,108,380 1,108,380
S - SPECIAL INVENTORY 13,893,661 N/A 13,893,661 13,893,661
Subtotal 1,992,308,988 2,287,944,877 2,287,944,877
Less Total Deductions 297,686,234 395,653,346 395,653,346
Total Taxable Value 1,694,622,754 1,892,291,531 1,892,291,531

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
1,938,761,303 1,892,291,531 1,938,761,303 1,892,291,531


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
46,469,772 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
1,938,761,303 1,892,291,531 1,938,761,303 1,892,291,531

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