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	511,647,123	0.9968	513,289,650	511,647,123
B. MULTIFAMILY RESIDENCES	28,945,680	N/A	28,945,680	28,945,680
C1. VACANT LOTS	3,429,306	N/A	3,429,306	3,429,306
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	15,856,660	N/A	15,856,660	15,856,660
J. UTILITIES	8,024,020	N/A	8,024,020	8,024,020
L1. COMMERCIAL PERSONAL	12,612,719	N/A	12,612,719	12,612,719
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
O. RESIDENTIAL INVENTORY	6,976,226	N/A	6,976,226	6,976,226
S. SPECIAL INVENTORY	6,250	N/A	6,250	6,250
Subtotal	641,595,573	0	643,241,690	641,595,573
Less Total Deductions	94,117,886	0	94,473,678	94,117,886
Total Taxable Value	547,477,687	0	548,768,012	547,477,687

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
567,040,777	547,477,687	534,641,145	515,078,055

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
19,563,090	32,399,632

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
567,040,777	547,477,687	534,641,145	515,078,055

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	511,647,123	0.9968	513,289,650	511,647,123
B. MULTIFAMILY RESIDENCES	28,945,680	N/A	28,945,680	28,945,680
C1. VACANT LOTS	3,429,306	N/A	3,429,306	3,429,306
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	15,856,660	N/A	15,856,660	15,856,660
J. UTILITIES	8,024,020	N/A	8,024,020	8,024,020
L1. COMMERCIAL PERSONAL	12,612,719	N/A	12,612,719	12,612,719
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
O. RESIDENTIAL INVENTORY	6,976,226	N/A	6,976,226	6,976,226
S. SPECIAL INVENTORY	6,250	N/A	6,250	6,250
Subtotal	641,595,573		643,241,690	641,595,573
Less Total Deductions	94,117,886		94,473,678	94,117,886
Total Taxable Value	547,477,687		548,768,012	547,477,687

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
567,040,777	547,477,687	534,641,145	515,078,055

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
19,563,090	32,399,632

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
567,040,777	547,477,687	534,641,145	515,078,055

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