taxes Property Tax Assistance

2020 ISD Summary Worksheet

092-Gregg /Gregg County

092-907/Spring Hill ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	530,849,845	N/A	530,849,845	530,849,845
B - MULTIFAMILY	30,437,760	N/A	30,437,760	30,437,760
C1 - VACANT LOTS	5,106,784	N/A	5,106,784	5,106,784
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	267,777	N/A	267,777	267,777
D2 - FARM & RANCH IMP	218,920	N/A	218,920	218,920
E - NON-AG LAND AND IMPROVEMENTS	34,368,349	N/A	34,368,349	34,368,349
F1 - COMMERCIAL REAL	24,237,190	N/A	24,237,190	24,237,190
F2 - INDUSTRIAL REAL	95,760	N/A	95,760	95,760
G - ALL MINERALS	12,602,470	N/A	12,602,470	12,602,470
J - ALL UTILITIES	8,033,560	N/A	8,033,560	8,033,560
L1 - COMMERCIAL PERSONAL	12,993,310	N/A	12,993,310	12,993,310
L2 - INDUSTRIAL PERSONAL	1,555,420	N/A	1,555,420	1,555,420
M1 - MOBILE HOMES	1,516,840	N/A	1,516,840	1,516,840
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	5,021,045	N/A	5,021,045	5,021,045
S - SPECIAL INVENTORY	124,870	N/A	124,870	124,870
Subtotal	667,429,900	0	667,429,900	667,429,900
Less Total Deductions	98,317,009	0	98,317,009	98,317,009
Total Taxable Value	569,112,891	0	569,112,891	569,112,891

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
588,608,543	569,112,891	554,992,150	535,496,498

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
19,495,652	33,616,393

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
588,608,543	569,112,891	554,992,150	535,496,498

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	530,849,845	N/A	530,849,845	530,849,845
B - MULTIFAMILY	30,437,760	N/A	30,437,760	30,437,760
C1 - VACANT LOTS	5,106,784	N/A	5,106,784	5,106,784
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	267,777	N/A	267,777	267,777
D2 - FARM & RANCH IMP	218,920	N/A	218,920	218,920
E - NON-AG LAND AND IMPROVEMENTS	34,368,349	N/A	34,368,349	34,368,349
F1 - COMMERCIAL REAL	24,237,190	N/A	24,237,190	24,237,190
F2 - INDUSTRIAL REAL	95,760	N/A	95,760	95,760
G - ALL MINERALS	12,602,470	N/A	12,602,470	12,602,470
J - ALL UTILITIES	8,033,560	N/A	8,033,560	8,033,560
L1 - COMMERCIAL PERSONAL	12,993,310	N/A	12,993,310	12,993,310
L2 - INDUSTRIAL PERSONAL	1,555,420	N/A	1,555,420	1,555,420
M1 - MOBILE HOMES	1,516,840	N/A	1,516,840	1,516,840
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	5,021,045	N/A	5,021,045	5,021,045
S - SPECIAL INVENTORY	124,870	N/A	124,870	124,870
Subtotal	667,429,900		667,429,900	667,429,900
Less Total Deductions	98,317,009		98,317,009	98,317,009
Total Taxable Value	569,112,891		569,112,891	569,112,891

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
588,608,543	569,112,891	554,992,150	535,496,498

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
19,495,652	33,616,393

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
588,608,543	569,112,891	554,992,150	535,496,498

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