taxes Property Tax Assistance

2023 ISD Summary Worksheet

112-Hopkins/Hopkins County

112-906/North Hopkins ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 47,993,680 0.8048 59,634,294 59,634,294
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 176,380 N/A 176,380 176,380
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,666,780 1.2671 5,261,484 5,261,484
D2 - FARM & RANCH IMP 1,363,320 N/A 1,363,320 1,363,320
E - NON-AG LAND AND IMPROVEMENTS 130,368,030 0.8489 153,572,894 153,572,894
F1 - COMMERCIAL REAL 2,593,240 N/A 2,593,240 2,593,240
F2 - INDUSTRIAL REAL 986,670 N/A 986,670 986,670
G - ALL MINERALS 5,084,649 N/A 5,084,649 5,084,649
J - ALL UTILITIES 9,585,673 N/A 9,585,673 9,585,673
L1 - COMMERCIAL PERSONAL 1,837,200 N/A 1,837,200 1,837,200
L2 - INDUSTRIAL PERSONAL 3,949,756 N/A 3,949,756 3,949,756
M1 - MOBILE HOMES 6,426,330 N/A 6,426,330 6,426,330
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 217,031,708 0 250,471,890 250,471,890
Less Total Deductions 79,523,987 0 92,415,835 92,415,835
Total Taxable Value 137,507,721 0 158,056,055 158,056,055

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 179,317,823 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 158,056,055 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 179,317,823 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 158,056,055 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 190,297,823 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 197,617,823 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 162,122,687 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 179,317,823 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 158,056,055 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 179,317,823 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 158,056,055 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 190,297,823 T13 plus the loss to the chapter 313 agreement
T16 197,617,823 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 162,122,687 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 21,261,768 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 10,980,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,320,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

112-906-02/North Hopkins ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 47,993,680 0.8048 59,634,294 59,634,294
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 176,380 N/A 176,380 176,380
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,666,780 1.2671 5,261,484 5,261,484
D2 - FARM & RANCH IMP 1,363,320 N/A 1,363,320 1,363,320
E - NON-AG LAND AND IMPROVEMENTS 130,368,030 0.8489 153,572,894 153,572,894
F1 - COMMERCIAL REAL 2,593,240 N/A 2,593,240 2,593,240
F2 - INDUSTRIAL REAL 986,670 N/A 986,670 986,670
G - ALL MINERALS 5,084,649 N/A 5,084,649 5,084,649
J - ALL UTILITIES 9,585,673 N/A 9,585,673 9,585,673
L1 - COMMERCIAL PERSONAL 1,837,200 N/A 1,837,200 1,837,200
L2 - INDUSTRIAL PERSONAL 3,949,756 N/A 3,949,756 3,949,756
M1 - MOBILE HOMES 6,426,330 N/A 6,426,330 6,426,330
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 217,031,708 250,471,890 250,471,890
Less Total Deductions 79,523,987 92,415,835 92,415,835
Total Taxable Value 137,507,721 158,056,055 158,056,055

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 179,317,823 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 158,056,055 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 179,317,823 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 158,056,055 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 190,297,823 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 197,617,823 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 162,122,687 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 179,317,823 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 158,056,055 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 179,317,823 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 158,056,055 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 190,297,823 T13 plus the loss to the chapter 313 agreement
T16 197,617,823 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 162,122,687 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 21,261,768 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 10,980,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,320,000 Loss to Second Previous Homestead Increase