taxes Property Tax Assistance

2022 ISD Summary Worksheet

112-Hopkins /Hopkins County

112-901/Sulphur Springs ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 904,285,060 0.8543 1,058,509,961 1,058,509,961
B - MULTIFAMILY 38,311,120 N/A 38,311,120 38,311,120
C1 - VACANT LOTS 17,086,940 N/A 17,086,940 17,086,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,178,000 1.2047 15,088,958 15,088,958
D2 - FARM & RANCH IMP 2,947,940 N/A 2,947,940 2,947,940
E - NON-AG LAND AND IMPROVEMENTS 386,809,920 0.8437 458,468,555 458,468,555
F1 - COMMERCIAL REAL 371,375,188 0.8837 420,250,298 420,250,298
F2 - INDUSTRIAL REAL 49,534,510 N/A 49,534,510 49,534,510
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 67,697,277 N/A 67,697,277 67,697,277
L1 - COMMERCIAL PERSONAL 150,794,337 0.9736 154,883,255 154,883,255
L2 - INDUSTRIAL PERSONAL 290,964,947 N/A 290,964,947 290,964,947
M1 - MOBILE HOMES 14,183,880 N/A 14,183,880 14,183,880
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 853,360 N/A 853,360 853,360
S - SPECIAL INVENTORY 13,885,201 N/A 13,885,201 13,885,201
Subtotal 2,326,907,680 0 2,602,666,202 2,602,666,202
Less Total Deductions 435,030,458 0 508,835,211 508,835,211
Total Taxable Value 1,891,877,222 0 2,093,830,991 2,093,830,991

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 T13
2,160,784,988 2,093,830,991 2,160,784,988 2,093,830,991 2,212,764,988


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
66,953,997 0 51,980,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
2,160,784,988 2,093,830,991 2,160,784,988 2,093,830,991 2,212,764,988

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 904,285,060 0.8543 1,058,509,961 1,058,509,961
B - MULTIFAMILY 38,311,120 N/A 38,311,120 38,311,120
C1 - VACANT LOTS 17,086,940 N/A 17,086,940 17,086,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,178,000 1.2047 15,088,958 15,088,958
D2 - FARM & RANCH IMP 2,947,940 N/A 2,947,940 2,947,940
E - NON-AG LAND AND IMPROVEMENTS 386,809,920 0.8437 458,468,555 458,468,555
F1 - COMMERCIAL REAL 371,375,188 0.8837 420,250,298 420,250,298
F2 - INDUSTRIAL REAL 49,534,510 N/A 49,534,510 49,534,510
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 67,697,277 N/A 67,697,277 67,697,277
L1 - COMMERCIAL PERSONAL 150,794,337 0.9736 154,883,255 154,883,255
L2 - INDUSTRIAL PERSONAL 290,964,947 N/A 290,964,947 290,964,947
M1 - MOBILE HOMES 14,183,880 N/A 14,183,880 14,183,880
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 853,360 N/A 853,360 853,360
S - SPECIAL INVENTORY 13,885,201 N/A 13,885,201 13,885,201
Subtotal 2,326,907,680 2,602,666,202 2,602,666,202
Less Total Deductions 435,030,458 508,835,211 508,835,211
Total Taxable Value 1,891,877,222 2,093,830,991 2,093,830,991

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 T13
2,160,784,988 2,093,830,991 2,160,784,988 2,093,830,991 2,212,764,988


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
66,953,997 0 51,980,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
2,160,784,988 2,093,830,991 2,160,784,988 2,093,830,991 2,212,764,988

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement