taxes Property Tax Assistance

2021 ISD Summary Worksheet

112-Hopkins /Hopkins County

112-901/Sulphur Springs ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	744,094,350	0.8075	921,479,071	921,479,071
B - MULTIFAMILY	34,740,660	N/A	34,740,660	34,740,660
C1 - VACANT LOTS	12,710,810	N/A	12,710,810	12,710,810
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	18,164,780	1.0709	16,962,244	16,962,244
D2 - FARM & RANCH IMP	7,923,470	N/A	7,923,470	7,923,470
E - NON-AG LAND AND IMPROVEMENTS	308,639,460	0.8884	347,410,468	347,410,468
F1 - COMMERCIAL REAL	349,541,803	1.0210	342,352,403	342,352,403
F2 - INDUSTRIAL REAL	49,372,680	N/A	49,372,680	49,372,680
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	60,306,732	N/A	60,306,732	60,306,732
L1 - COMMERCIAL PERSONAL	140,025,383	0.9908	141,325,578	141,325,578
L2 - INDUSTRIAL PERSONAL	215,046,570	N/A	215,046,570	215,046,570
M1 - MOBILE HOMES	12,798,000	N/A	12,798,000	12,798,000
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,083,400	N/A	1,083,400	1,083,400
S - SPECIAL INVENTORY	13,893,661	N/A	13,893,661	13,893,661
Subtotal	1,968,341,759	0	2,177,405,747	2,177,405,747
Less Total Deductions	300,166,331	0	383,391,504	383,391,504
Total Taxable Value	1,668,175,428	0	1,794,014,243	1,794,014,243

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
1,840,753,045	1,794,014,243	1,840,753,045	1,794,014,243

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
46,738,802	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
1,840,753,045	1,794,014,243	1,840,753,045	1,794,014,243

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

112-901-02/Sulphur Springs ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	744,094,350	0.8075	921,479,071	921,479,071
B - MULTIFAMILY	34,740,660	N/A	34,740,660	34,740,660
C1 - VACANT LOTS	12,710,810	N/A	12,710,810	12,710,810
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	18,164,780	1.0709	16,962,244	16,962,244
D2 - FARM & RANCH IMP	7,923,470	N/A	7,923,470	7,923,470
E - NON-AG LAND AND IMPROVEMENTS	308,639,460	0.8884	347,410,468	347,410,468
F1 - COMMERCIAL REAL	349,541,803	1.0210	342,352,403	342,352,403
F2 - INDUSTRIAL REAL	49,372,680	N/A	49,372,680	49,372,680
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	60,306,732	N/A	60,306,732	60,306,732
L1 - COMMERCIAL PERSONAL	140,025,383	0.9908	141,325,578	141,325,578
L2 - INDUSTRIAL PERSONAL	215,046,570	N/A	215,046,570	215,046,570
M1 - MOBILE HOMES	12,798,000	N/A	12,798,000	12,798,000
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,083,400	N/A	1,083,400	1,083,400
S - SPECIAL INVENTORY	13,893,661	N/A	13,893,661	13,893,661
Subtotal	1,968,341,759		2,177,405,747	2,177,405,747
Less Total Deductions	300,166,331		383,391,504	383,391,504
Total Taxable Value	1,668,175,428		1,794,014,243	1,794,014,243

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
1,840,753,045	1,794,014,243	1,840,753,045	1,794,014,243

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
46,738,802	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
1,840,753,045	1,794,014,243	1,840,753,045	1,794,014,243

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