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