taxes Property Tax Assistance

2019 ISD Summary Worksheet

092-Gregg

092-907/Spring Hill ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	511,132,863	0.9968	512,773,739	511,132,863
B. MULTIFAMILY RESIDENCES	29,163,670	N/A	29,163,670	29,163,670
C1. VACANT LOTS	3,348,496	N/A	3,348,496	3,348,496
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	228,267	0.9845	231,857	228,267
D2. REAL PROP:FARM & RANCH	152,930	N/A	152,930	152,930
E. REAL PROP NONQUAL ACREAGE	26,503,732	N/A	26,503,732	26,503,732
F1. COMMERCIAL REAL	23,830,410	N/A	23,830,410	23,830,410
F2. INDUSTRIAL REAL	97,050	N/A	97,050	97,050
G. OIL,GAS,MINERALS	16,049,442	N/A	16,049,442	16,049,442
J. UTILITIES	8,024,020	N/A	8,024,020	8,024,020
L1. COMMERCIAL PERSONAL	12,661,629	N/A	12,661,629	12,661,629
L2. INDUSTRIAL PERSONAL	1,868,550	N/A	1,868,550	1,868,550
M. MOBILE HOMES	1,416,650	N/A	1,416,650	1,416,650
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	7,284,376	N/A	7,284,376	7,284,376
S. SPECIAL INVENTORY	6,250	N/A	6,250	6,250
Subtotal	641,768,335	0	643,412,801	641,768,335
Less Total Deductions	94,856,886	0	95,216,950	94,856,886
Total Taxable Value	546,911,449	0	548,195,851	546,911,449

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
566,538,219	546,911,449	534,002,878	514,376,108

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
19,626,770	32,535,341

T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 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

Value Taxable For I & S Purposes

T7	T8	T9	T10
566,538,219	546,911,449	534,002,878	514,376,108

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 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

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

092-907-02/Spring Hill ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	511,132,863	0.9968	512,773,739	511,132,863
B. MULTIFAMILY RESIDENCES	29,163,670	N/A	29,163,670	29,163,670
C1. VACANT LOTS	3,348,496	N/A	3,348,496	3,348,496
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	228,267	0.9845	231,857	228,267
D2. REAL PROP:FARM & RANCH	152,930	N/A	152,930	152,930
E. REAL PROP NONQUAL ACREAGE	26,503,732	N/A	26,503,732	26,503,732
F1. COMMERCIAL REAL	23,830,410	N/A	23,830,410	23,830,410
F2. INDUSTRIAL REAL	97,050	N/A	97,050	97,050
G. OIL,GAS,MINERALS	16,049,442	N/A	16,049,442	16,049,442
J. UTILITIES	8,024,020	N/A	8,024,020	8,024,020
L1. COMMERCIAL PERSONAL	12,661,629	N/A	12,661,629	12,661,629
L2. INDUSTRIAL PERSONAL	1,868,550	N/A	1,868,550	1,868,550
M. MOBILE HOMES	1,416,650	N/A	1,416,650	1,416,650
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	7,284,376	N/A	7,284,376	7,284,376
S. SPECIAL INVENTORY	6,250	N/A	6,250	6,250
Subtotal	641,768,335		643,412,801	641,768,335
Less Total Deductions	94,856,886		95,216,950	94,856,886
Total Taxable Value	546,911,449		548,195,851	546,911,449

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
566,538,219	546,911,449	534,002,878	514,376,108

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
19,626,770	32,535,341

T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 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

Value Taxable For I & S Purposes

T7	T8	T9	T10
566,538,219	546,911,449	534,002,878	514,376,108

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 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