112-Hopkins/Hopkins County
112-901/Sulphur Springs ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
981,390,715 |
0.7630 |
1,286,226,363 |
1,286,226,363 |
| B - MULTIFAMILY |
38,439,920 |
N/A |
38,439,920 |
38,439,920 |
| C1 - VACANT LOTS |
20,837,680 |
N/A |
20,837,680 |
20,837,680 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
17,678,950 |
1.2650 |
13,975,246 |
13,975,246 |
| D2 - FARM & RANCH IMP |
2,655,430 |
N/A |
2,655,430 |
2,655,430 |
| E - NON-AG LAND AND IMPROVEMENTS |
461,604,280 |
0.8226 |
561,152,784 |
561,152,784 |
| F1 - COMMERCIAL REAL |
343,347,915 |
0.9639 |
356,206,987 |
356,206,987 |
| F2 - INDUSTRIAL REAL |
77,185,700 |
N/A |
77,185,700 |
77,185,700 |
| G - ALL MINERALS |
0 |
N/A |
0 |
0 |
| J - ALL UTILITIES |
76,746,755 |
N/A |
76,746,755 |
76,746,755 |
| L1 - COMMERCIAL PERSONAL |
170,937,449 |
0.9600 |
178,059,843 |
178,059,843 |
| L2 - INDUSTRIAL PERSONAL |
322,637,646 |
N/A |
322,637,646 |
322,637,646 |
| M1 - MOBILE HOMES |
18,313,720 |
N/A |
18,313,720 |
18,313,720 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
498,630 |
N/A |
498,630 |
498,630 |
| S - SPECIAL INVENTORY |
13,883,585 |
N/A |
13,883,585 |
13,883,585 |
| Subtotal |
2,546,158,375 |
0 |
2,966,820,289 |
2,966,820,289 |
| Less Total Deductions |
708,599,968 |
0 |
854,139,197 |
854,139,197 |
| Total Taxable Value |
1,837,558,407 |
0 |
2,112,681,092 |
2,112,681,092 |
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 |
2,353,655,242 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
2,112,681,092 |
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 |
2,353,655,242 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
2,112,681,092 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
2,433,260,242 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
2,486,330,242 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
2,155,544,921 |
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 |
2,353,655,242 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
2,112,681,092 |
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 |
2,353,655,242 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
2,112,681,092 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
2,433,260,242 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
2,486,330,242 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
2,155,544,921 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
240,974,150 |
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 |
79,605,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
53,070,000 |
Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE VALUES FOR YOUR SCHOOL DISTRICT ARE BELOW THE 90% CUTOFF AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE
112-901-02/Sulphur Springs ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
981,390,715 |
0.7630 |
1,286,226,363 |
1,286,226,363 |
| B - MULTIFAMILY |
38,439,920 |
N/A |
38,439,920 |
38,439,920 |
| C1 - VACANT LOTS |
20,837,680 |
N/A |
20,837,680 |
20,837,680 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
17,678,950 |
1.2650 |
13,975,246 |
13,975,246 |
| D2 - FARM & RANCH IMP |
2,655,430 |
N/A |
2,655,430 |
2,655,430 |
| E - NON-AG LAND AND IMPROVEMENTS |
461,604,280 |
0.8226 |
561,152,784 |
561,152,784 |
| F1 - COMMERCIAL REAL |
343,347,915 |
0.9639 |
356,206,987 |
356,206,987 |
| F2 - INDUSTRIAL REAL |
77,185,700 |
N/A |
77,185,700 |
77,185,700 |
| G - ALL MINERALS |
0 |
N/A |
0 |
0 |
| J - ALL UTILITIES |
76,746,755 |
N/A |
76,746,755 |
76,746,755 |
| L1 - COMMERCIAL PERSONAL |
170,937,449 |
0.9600 |
178,059,843 |
178,059,843 |
| L2 - INDUSTRIAL PERSONAL |
322,637,646 |
N/A |
322,637,646 |
322,637,646 |
| M1 - MOBILE HOMES |
18,313,720 |
N/A |
18,313,720 |
18,313,720 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
498,630 |
N/A |
498,630 |
498,630 |
| S - SPECIAL INVENTORY |
13,883,585 |
N/A |
13,883,585 |
13,883,585 |
| Subtotal |
2,546,158,375 |
|
2,966,820,289 |
2,966,820,289 |
| Less Total Deductions |
708,599,968 |
|
854,139,197 |
854,139,197 |
| Total Taxable Value |
1,837,558,407 |
|
2,112,681,092 |
2,112,681,092 |
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 |
2,353,655,242 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
2,112,681,092 |
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 |
2,353,655,242 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
2,112,681,092 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
2,433,260,242 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
2,486,330,242 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
2,155,544,921 |
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 |
2,353,655,242 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
2,112,681,092 |
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 |
2,353,655,242 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
2,112,681,092 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
2,433,260,242 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
2,486,330,242 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
2,155,544,921 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
240,974,150 |
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 |
79,605,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
53,070,000 |
Loss to Second Previous Homestead Increase |
