taxes Property Tax Assistance

2016 ISD Summary Worksheet

112/Hopkins

112-901/Sulphur Springs ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 536,510,700 .9580 560,032,046 536,510,700
B. Multi-Family Residences 31,899,520 N/A 31,899,520 31,899,520
C1. Vacant Lots 12,802,130 N/A 12,802,130 12,802,130
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,482,030 .9764 16,881,004 16,482,030
D2. Real Prop Farm & Ranch 7,687,020 N/A 7,687,020 7,687,020
E. Real Prop NonQual Acres 225,465,510 .9090 248,036,865 225,465,510
F1. Commercial Real 209,361,690 .9644 217,090,097 209,361,690
F2. Industrial Real 40,186,850 N/A 40,186,850 40,186,850
G. Oil, Gas, Minerals 184,649 N/A 184,649 184,649
J. Utilities 47,003,771 N/A 47,003,771 47,003,771
L1. Commercial Personal 124,191,447 .9899 125,458,579 124,191,447
L2. Industrial Personal 179,182,056 N/A 179,182,056 179,182,056
M. Other Personal 9,650,050 N/A 9,650,050 9,650,050
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 798,500 N/A 798,500 798,500
S. Special Inventory 9,471,200 N/A 9,471,200 9,471,200
Subtotal 1,450,877,123 1,506,364,337 1,450,877,123
Less Total Deductions 245,258,741   255,035,885 245,258,741
Total Taxable Value 1,205,618,382 1,251,328,452 1,205,618,382 T2

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
1,251,957,456 1,205,618,382 1,251,957,456 1,205,618,382


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
46,339,074 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
1,251,957,456 1,205,618,382 1,251,957,456 1,205,618,382

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