taxes Property Tax Assistance

2021 ISD Summary Worksheet

Carthage ISD (all splits)   Panola County  

183-Panola/Panola County

183-902/Carthage ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 553,766,570 0.8609 643,241,457 553,766,570
B - MULTIFAMILY 5,272,430 N/A 5,272,430 5,272,430
C1 - VACANT LOTS 36,319,470 N/A 36,319,470 36,319,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 46,659,178 1.0041 46,467,717 46,659,178
D2 - FARM & RANCH IMP 15,939,680 N/A 15,939,680 15,939,680
E - NON-AG LAND AND IMPROVEMENTS 133,054,810 0.8893 149,617,463 133,054,810
F1 - COMMERCIAL REAL 119,699,426 N/A 119,699,426 119,699,426
F2 - INDUSTRIAL REAL 20,512,240 N/A 20,512,240 20,512,240
G - ALL MINERALS 1,180,535,290 0.9704 1,216,545,023 1,180,535,290
J - ALL UTILITIES 776,653,750 0.8417 922,720,387 776,653,750
L1 - COMMERCIAL PERSONAL 53,775,140 N/A 53,775,140 53,775,140
L2 - INDUSTRIAL PERSONAL 379,674,240 N/A 379,674,240 379,674,240
M1 - MOBILE HOMES 26,210,230 N/A 26,210,230 26,210,230
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 454,260 N/A 454,260 454,260
S - SPECIAL INVENTORY 5,024,940 N/A 5,024,940 5,024,940
Subtotal 3,353,551,654 0 3,641,474,103 3,353,551,654
Less Total Deductions 333,248,032 0 372,324,145 333,248,032
Total Taxable Value 3,020,303,622 0 3,269,149,958 3,020,303,622

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's office 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 school 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

Measure Value Description
T1 3,059,460,599 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,020,303,622 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 3,006,564,604 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,967,407,627 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 3,125,656,369 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,086,499,392 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 3,072,760,374 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,033,603,397 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 39,156,977 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 52,895,995 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD.


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183-902-02/Carthage ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 553,766,570 0.8609 643,241,457 553,766,570
B - MULTIFAMILY 5,272,430 N/A 5,272,430 5,272,430
C1 - VACANT LOTS 36,319,470 N/A 36,319,470 36,319,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 46,659,178 1.0041 46,467,717 46,659,178
D2 - FARM & RANCH IMP 15,939,680 N/A 15,939,680 15,939,680
E - NON-AG LAND AND IMPROVEMENTS 133,054,810 0.8893 149,617,463 133,054,810
F1 - COMMERCIAL REAL 119,699,426 N/A 119,699,426 119,699,426
F2 - INDUSTRIAL REAL 20,512,240 N/A 20,512,240 20,512,240
G - ALL MINERALS 1,180,535,290 0.9704 1,216,545,023 1,180,535,290
J - ALL UTILITIES 776,653,750 0.8417 922,720,387 776,653,750
L1 - COMMERCIAL PERSONAL 53,775,140 N/A 53,775,140 53,775,140
L2 - INDUSTRIAL PERSONAL 379,674,240 N/A 379,674,240 379,674,240
M1 - MOBILE HOMES 26,210,230 N/A 26,210,230 26,210,230
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 454,260 N/A 454,260 454,260
S - SPECIAL INVENTORY 5,024,940 N/A 5,024,940 5,024,940
Subtotal 3,353,551,654 3,641,474,103 3,353,551,654
Less Total Deductions 333,248,032 372,324,145 333,248,032
Total Taxable Value 3,020,303,622 3,269,149,958 3,020,303,622

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's office 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 school 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

Measure Value Description
T1 3,059,460,599 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,020,303,622 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 3,006,564,604 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,967,407,627 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 3,125,656,369 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,086,499,392 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 3,072,760,374 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,033,603,397 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 39,156,977 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 52,895,995 50% of the loss to the local optional percentage homestead exemption

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