taxes Property Tax Assistance

2020 ISD Summary Worksheet

037-Cherokee /Cherokee County

212-904/Troup ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 42,362,124 N/A 42,362,124 42,362,124
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,452,273 N/A 2,452,273 2,452,273
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,876,010 N/A 3,876,010 3,876,010
D2 - FARM & RANCH IMP 2,717,030 N/A 2,717,030 2,717,030
E - NON-AG LAND AND IMPROVEMENTS 93,284,500 N/A 93,284,500 93,284,500
F1 - COMMERCIAL REAL 718,980 N/A 718,980 718,980
F2 - INDUSTRIAL REAL 2,403,830 N/A 2,403,830 2,403,830
G - ALL MINERALS 50,859,738 N/A 50,859,738 50,859,738
J - ALL UTILITIES 21,600,510 N/A 21,600,510 21,600,510
L1 - COMMERCIAL PERSONAL 2,212,780 N/A 2,212,780 2,212,780
L2 - INDUSTRIAL PERSONAL 17,810,020 N/A 17,810,020 17,810,020
M1 - MOBILE HOMES 1,743,040 N/A 1,743,040 1,743,040
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 242,040,835 0 242,040,835 242,040,835
Less Total Deductions 34,977,958 0 34,977,958 34,977,958
Total Taxable Value 207,062,877 0 207,062,877 207,062,877

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
212,099,852 207,062,877 212,099,852 207,062,877


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,036,975 0


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
212,099,852 207,062,877 212,099,852 207,062,877

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

212-Smith /Smith County

212-904/Troup ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 77,015,309 N/A 77,015,309 77,015,309
B - MULTIFAMILY 2,323,666 N/A 2,323,666 2,323,666
C1 - VACANT LOTS 4,613,486 N/A 4,613,486 4,613,486
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,203,125 N/A 3,203,125 3,203,125
D2 - FARM & RANCH IMP 1,451,834 N/A 1,451,834 1,451,834
E - NON-AG LAND AND IMPROVEMENTS 51,788,674 N/A 51,788,674 51,788,674
F1 - COMMERCIAL REAL 9,316,784 N/A 9,316,784 9,316,784
F2 - INDUSTRIAL REAL 2,348,975 N/A 2,348,975 2,348,975
G - ALL MINERALS 47,328,774 N/A 47,328,774 47,328,774
J - ALL UTILITIES 23,127,561 N/A 23,127,561 23,127,561
L1 - COMMERCIAL PERSONAL 8,345,279 N/A 8,345,279 8,345,279
L2 - INDUSTRIAL PERSONAL 6,757,808 N/A 6,757,808 6,757,808
M1 - MOBILE HOMES 1,992,117 N/A 1,992,117 1,992,117
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 46,660 N/A 46,660 46,660
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 239,660,052 0 239,660,052 239,660,052
Less Total Deductions 35,803,358 0 35,803,358 35,803,358
Total Taxable Value 203,856,694 0 203,856,694 203,856,694

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
209,769,013 203,856,694 209,769,013 203,856,694


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,912,319 0


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
209,769,013 203,856,694 209,769,013 203,856,694

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

212-904-02/Troup ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 119,377,433 N/A 119,377,433 119,377,433
B - MULTIFAMILY 2,323,666 N/A 2,323,666 2,323,666
C1 - VACANT LOTS 7,065,759 N/A 7,065,759 7,065,759
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,079,135 N/A 7,079,135 7,079,135
D2 - FARM & RANCH IMP 4,168,864 N/A 4,168,864 4,168,864
E - NON-AG LAND AND IMPROVEMENTS 145,073,174 N/A 145,073,174 145,073,174
F1 - COMMERCIAL REAL 10,035,764 N/A 10,035,764 10,035,764
F2 - INDUSTRIAL REAL 4,752,805 N/A 4,752,805 4,752,805
G - ALL MINERALS 98,188,512 N/A 98,188,512 98,188,512
J - ALL UTILITIES 44,728,071 N/A 44,728,071 44,728,071
L1 - COMMERCIAL PERSONAL 10,558,059 N/A 10,558,059 10,558,059
L2 - INDUSTRIAL PERSONAL 24,567,828 N/A 24,567,828 24,567,828
M1 - MOBILE HOMES 3,735,157 N/A 3,735,157 3,735,157
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 46,660 N/A 46,660 46,660
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 481,700,887 481,700,887 481,700,887
Less Total Deductions 70,781,316 70,781,316 70,781,316
Total Taxable Value 410,919,571 410,919,571 410,919,571

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
421,868,865 410,919,571 421,868,865 410,919,571


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,949,294 0


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
421,868,865 410,919,571 421,868,865 410,919,571

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