taxes Property Tax Assistance

2022 Deduction Detail

210-Shelby /Shelby County

210-905/Timpson ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 33,674,806 33,674,806 33,674,806
Homestead - State-Mandated Over-65 or Disabled $10,000 2,922,250 2,922,250 2,922,250
Homestead - 100% Disabled or Unemployable Veterans 1,441,956 1,441,956 1,441,956
Homestead - Disabled Veterans and Surviving Spouse 190,700 190,700 190,700
Homestead - Over-65 or Disabled Freeze Loss 7,941,368 7,941,368 7,941,368
Homestead - 10% Appraisal Cap Loss 1,245,379 1,245,379 1,245,379
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 85,766 85,766 85,766
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 0 0 0
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0

210-905/Timpson ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 33,674,806 33,674,806 33,674,806
Homestead - State-Mandated Over-65 or Disabled $10,000 2,922,250 2,922,250 2,922,250
Homestead - 100% Disabled or Unemployable Veterans 1,441,956 1,441,956 1,441,956
Homestead - Disabled Veterans and Surviving Spouse 190,700 190,700 190,700
Homestead - Over-65 or Disabled Freeze Loss 7,941,368 7,941,368 7,941,368
Homestead - 10% Appraisal Cap Loss 1,245,379 1,245,379 1,245,379
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 85,766 85,766 85,766
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 0 0 0
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Total Deductions Allowed in PVS 47,502,225 47,502,225 47,502,225