taxes Property Tax Assistance

2023 ISD Summary Worksheet

210-Shelby/Shelby County

210-906/Excelsior ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 9,127,840 0.7378 12,371,700 12,371,700
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 897,040 N/A 897,040 897,040
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,815,500 1.3006 2,164,746 2,164,746
D2 - FARM & RANCH IMP 2,307,640 0.6371 3,622,100 3,622,100
E - NON-AG LAND AND IMPROVEMENTS 10,933,940 0.9461 11,556,854 11,556,854
F1 - COMMERCIAL REAL 97,810 N/A 97,810 97,810
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 11,473,220 1.0111 11,347,265 11,347,265
J - ALL UTILITIES 14,552,420 0.9643 15,091,175 15,091,175
L1 - COMMERCIAL PERSONAL 255,170 N/A 255,170 255,170
L2 - INDUSTRIAL PERSONAL 604,920 N/A 604,920 604,920
M1 - MOBILE HOMES 2,053,400 N/A 2,053,400 2,053,400
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 55,118,900 0 60,062,180 60,062,180
Less Total Deductions 11,790,394 0 14,155,781 14,155,781
Total Taxable Value 43,328,506 0 45,906,399 45,906,399

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 48,949,893 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 45,906,399 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 48,949,893 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 45,906,399 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 51,169,893 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 52,649,893 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 46,457,687 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 48,949,893 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 45,906,399 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 48,949,893 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 45,906,399 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 51,169,893 T13 plus the loss to the chapter 313 agreement
T16 52,649,893 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 46,457,687 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,043,494 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 2,220,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,480,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE GRACE PERIOD HAS EXPIRED FOR YOUR SCHOOL DISTRICT

210-906-02/Excelsior ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 9,127,840 0.7378 12,371,700 12,371,700
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 897,040 N/A 897,040 897,040
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,815,500 1.3006 2,164,746 2,164,746
D2 - FARM & RANCH IMP 2,307,640 0.6371 3,622,100 3,622,100
E - NON-AG LAND AND IMPROVEMENTS 10,933,940 0.9461 11,556,854 11,556,854
F1 - COMMERCIAL REAL 97,810 N/A 97,810 97,810
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 11,473,220 1.0111 11,347,265 11,347,265
J - ALL UTILITIES 14,552,420 0.9643 15,091,175 15,091,175
L1 - COMMERCIAL PERSONAL 255,170 N/A 255,170 255,170
L2 - INDUSTRIAL PERSONAL 604,920 N/A 604,920 604,920
M1 - MOBILE HOMES 2,053,400 N/A 2,053,400 2,053,400
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 55,118,900 60,062,180 60,062,180
Less Total Deductions 11,790,394 14,155,781 14,155,781
Total Taxable Value 43,328,506 45,906,399 45,906,399

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 48,949,893 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 45,906,399 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 48,949,893 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 45,906,399 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 51,169,893 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 52,649,893 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 46,457,687 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 48,949,893 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 45,906,399 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 48,949,893 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 45,906,399 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 51,169,893 T13 plus the loss to the chapter 313 agreement
T16 52,649,893 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 46,457,687 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,043,494 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 2,220,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,480,000 Loss to Second Previous Homestead Increase