taxes Property Tax Assistance

2023 ISD Summary Worksheet

112-Hopkins/Hopkins County

112-907/Miller Grove ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 27,989,350 0.7939 35,255,511 35,255,511
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 967,000 N/A 967,000 967,000
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,923,540 1.2804 3,845,334 3,845,334
D2 - FARM & RANCH IMP 1,189,290 N/A 1,189,290 1,189,290
E - NON-AG LAND AND IMPROVEMENTS 93,103,110 0.7867 118,346,396 118,346,396
F1 - COMMERCIAL REAL 2,658,820 N/A 2,658,820 2,658,820
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 6,317,178 N/A 6,317,178 6,317,178
L1 - COMMERCIAL PERSONAL 1,280,670 N/A 1,280,670 1,280,670
L2 - INDUSTRIAL PERSONAL 45,000 N/A 45,000 45,000
M1 - MOBILE HOMES 4,166,280 N/A 4,166,280 4,166,280
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 142,640,238 0 174,071,479 174,071,479
Less Total Deductions 57,517,520 0 67,813,833 67,813,833
Total Taxable Value 85,122,718 0 106,257,646 106,257,646

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

Measure Value Description
T1 125,465,136 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 106,257,646 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 125,465,136 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 106,257,646 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 132,830,136 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 137,740,136 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 110,852,395 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 125,465,136 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 106,257,646 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 125,465,136 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 106,257,646 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 132,830,136 T13 plus the loss to the chapter 313 agreement
T16 137,740,136 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 110,852,395 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 19,207,490 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 7,365,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,910,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

190-Rains/Rains County

112-907/Miller Grove ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,424,780 N/A 2,424,780 2,424,780
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 185,098 N/A 185,098 185,098
D2 - FARM & RANCH IMP 91,217 N/A 91,217 91,217
E - NON-AG LAND AND IMPROVEMENTS 4,359,525 N/A 4,359,525 4,359,525
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 304,480 N/A 304,480 304,480
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
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 7,365,100 0 7,365,100 7,365,100
Less Total Deductions 1,971,325 0 1,971,325 1,971,325
Total Taxable Value 5,393,775 0 5,393,775 5,393,775

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

Measure Value Description
T1 6,101,595 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 5,393,775 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 6,101,595 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 5,393,775 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,416,595 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 6,626,595 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 5,530,481 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 6,101,595 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 5,393,775 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 6,101,595 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 5,393,775 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,416,595 T13 plus the loss to the chapter 313 agreement
T16 6,626,595 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 5,530,481 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 707,820 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 315,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 210,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

112-907-02/Miller Grove ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 30,414,130 0.8072 37,680,291 37,680,291
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 967,000 N/A 967,000 967,000
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,108,638 1.2675 4,030,432 4,030,432
D2 - FARM & RANCH IMP 1,280,507 N/A 1,280,507 1,280,507
E - NON-AG LAND AND IMPROVEMENTS 97,462,635 0.7943 122,705,921 122,705,921
F1 - COMMERCIAL REAL 2,658,820 N/A 2,658,820 2,658,820
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 6,621,658 N/A 6,621,658 6,621,658
L1 - COMMERCIAL PERSONAL 1,280,670 N/A 1,280,670 1,280,670
L2 - INDUSTRIAL PERSONAL 45,000 N/A 45,000 45,000
M1 - MOBILE HOMES 4,166,280 N/A 4,166,280 4,166,280
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 150,005,338 181,436,579 181,436,579
Less Total Deductions 59,488,845 69,785,158 69,785,158
Total Taxable Value 90,516,493 111,651,421 111,651,421

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

Measure Value Description
T1 131,566,731 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 111,651,421 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 131,566,731 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 111,651,421 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 139,246,731 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 144,366,731 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 116,382,876 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 131,566,731 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 111,651,421 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 131,566,731 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 111,651,421 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 139,246,731 T13 plus the loss to the chapter 313 agreement
T16 144,366,731 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 116,382,876 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 19,915,310 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 7,680,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,120,000 Loss to Second Previous Homestead Increase