taxes Property Tax Assistance

2021 ISD Summary Worksheet

112-Hopkins /Hopkins County

112-906/North Hopkins ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 28,989,300 0.8194 35,378,692 28,989,300
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 63,820 N/A 63,820 63,820
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,794,419 1.0723 6,336,238 6,794,419
D2 - FARM & RANCH IMP 1,145,300 N/A 1,145,300 1,145,300
E - NON-AG LAND AND IMPROVEMENTS 78,688,720 0.6586 119,478,773 78,688,720
F1 - COMMERCIAL REAL 1,984,900 N/A 1,984,900 1,984,900
F2 - INDUSTRIAL REAL 813,560 N/A 813,560 813,560
G - ALL MINERALS 3,791,269 N/A 3,791,269 3,791,269
J - ALL UTILITIES 8,515,840 N/A 8,515,840 8,515,840
L1 - COMMERCIAL PERSONAL 1,339,100 N/A 1,339,100 1,339,100
L2 - INDUSTRIAL PERSONAL 2,350,748 N/A 2,350,748 2,350,748
M1 - MOBILE HOMES 4,474,990 N/A 4,474,990 4,474,990
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 138,951,966 0 185,673,230 138,951,966
Less Total Deductions 27,895,983 0 34,647,180 27,895,983
Total Taxable Value 111,055,983 0 151,026,050 111,055,983

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
115,430,804 111,055,983 115,430,804 111,055,983


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,374,821 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
115,430,804 111,055,983 115,430,804 111,055,983

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

112-906-02/North Hopkins ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 28,989,300 0.8194 35,378,692 28,989,300
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 63,820 N/A 63,820 63,820
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,794,419 1.0723 6,336,238 6,794,419
D2 - FARM & RANCH IMP 1,145,300 N/A 1,145,300 1,145,300
E - NON-AG LAND AND IMPROVEMENTS 78,688,720 0.6586 119,478,773 78,688,720
F1 - COMMERCIAL REAL 1,984,900 N/A 1,984,900 1,984,900
F2 - INDUSTRIAL REAL 813,560 N/A 813,560 813,560
G - ALL MINERALS 3,791,269 N/A 3,791,269 3,791,269
J - ALL UTILITIES 8,515,840 N/A 8,515,840 8,515,840
L1 - COMMERCIAL PERSONAL 1,339,100 N/A 1,339,100 1,339,100
L2 - INDUSTRIAL PERSONAL 2,350,748 N/A 2,350,748 2,350,748
M1 - MOBILE HOMES 4,474,990 N/A 4,474,990 4,474,990
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 138,951,966 185,673,230 138,951,966
Less Total Deductions 27,895,983 34,647,180 27,895,983
Total Taxable Value 111,055,983 151,026,050 111,055,983

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
115,430,804 111,055,983 115,430,804 111,055,983


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,374,821 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
115,430,804 111,055,983 115,430,804 111,055,983

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