taxes Property Tax Assistance

2017 ISD Summary Worksheet

092/Gregg

092-907/Spring Hill ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 495,729,758 1.0245 483,874,825 495,729,758
B. Multi-Family Residences 26,943,160 N/A 26,943,160 26,943,160
C1. Vacant Lots 3,183,763 N/A 3,183,763 3,183,763
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 240,476 1.0069 238,839 240,476
D2. Real Prop Farm & Ranch 154,050 N/A 154,050 154,050
E. Real Prop NonQual Acres 25,530,976 N/A 25,530,976 25,530,976
F1. Commercial Real 21,532,467 N/A 21,532,467 21,532,467
F2. Industrial Real 504,070 N/A 504,070 504,070
G. Oil, Gas, Minerals 10,180,891 N/A 10,180,891 10,180,891
J. Utilities 8,724,890 N/A 8,724,890 8,724,890
L1. Commercial Personal 12,883,153 N/A 12,883,153 12,883,153
L2. Industrial Personal 2,366,160 N/A 2,366,160 2,366,160
M. Other Personal 1,386,250 N/A 1,386,250 1,386,250
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 9,485,626 N/A 9,485,626 9,485,626
S. Special Inventory 17,490 N/A 17,490 17,490
Subtotal 618,863,180 607,006,610 618,863,180
Less Total Deductions 93,664,655   91,352,939 93,664,655
Total Taxable Value 525,198,525 515,653,671 525,198,525 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
544,580,300 525,198,525 512,694,607 493,312,832


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,381,775 31,885,693


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
544,580,300 525,198,525 512,694,607 493,312,832

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