taxes Property Tax Assistance

2021 ISD Summary Worksheet

112-Hopkins /Hopkins County

112-907/Miller Grove ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 18,388,360 0.8473 21,702,301 18,388,360
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 13,360 N/A 13,360 13,360
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,318,880 1.0797 4,926,338 5,318,880
D2 - FARM & RANCH IMP 820,710 N/A 820,710 820,710
E - NON-AG LAND AND IMPROVEMENTS 61,268,840 0.9326 65,696,805 61,268,840
F1 - COMMERCIAL REAL 1,282,510 N/A 1,282,510 1,282,510
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,520,382 N/A 5,520,382 5,520,382
L1 - COMMERCIAL PERSONAL 1,245,270 N/A 1,245,270 1,245,270
L2 - INDUSTRIAL PERSONAL 19,223 N/A 19,223 19,223
M1 - MOBILE HOMES 2,824,840 N/A 2,824,840 2,824,840
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 96,702,375 0 104,051,739 96,702,375
Less Total Deductions 20,754,816 0 25,418,134 20,754,816
Total Taxable Value 75,947,559 0 78,633,605 75,947,559

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
79,678,590 75,947,559 79,678,590 75,947,559


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,731,031 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
79,678,590 75,947,559 79,678,590 75,947,559

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

190-Rains /Rains County

112-907/Miller Grove ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 534,233 N/A 534,233 534,233
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 187,145 N/A 187,145 187,145
D2 - FARM & RANCH IMP 150,819 N/A 150,819 150,819
E - NON-AG LAND AND IMPROVEMENTS 3,881,051 N/A 3,881,051 3,881,051
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 234,172 N/A 234,172 234,172
L1 - COMMERCIAL PERSONAL 1,080 N/A 1,080 1,080
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
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 4,988,500 0 4,988,500 4,988,500
Less Total Deductions 737,347 0 737,347 737,347
Total Taxable Value 4,251,153 0 4,251,153 4,251,153

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
4,325,444 4,251,153 4,325,444 4,251,153


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
74,291 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
4,325,444 4,251,153 4,325,444 4,251,153

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

112-907-02/Miller Grove ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 18,922,593 0.8510 22,236,534 18,922,593
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 13,360 N/A 13,360 13,360
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,506,025 1.0768 5,113,483 5,506,025
D2 - FARM & RANCH IMP 971,529 N/A 971,529 971,529
E - NON-AG LAND AND IMPROVEMENTS 65,149,891 0.9364 69,577,856 65,149,891
F1 - COMMERCIAL REAL 1,282,510 N/A 1,282,510 1,282,510
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,754,554 N/A 5,754,554 5,754,554
L1 - COMMERCIAL PERSONAL 1,246,350 N/A 1,246,350 1,246,350
L2 - INDUSTRIAL PERSONAL 19,223 N/A 19,223 19,223
M1 - MOBILE HOMES 2,824,840 N/A 2,824,840 2,824,840
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 101,690,875 109,040,239 101,690,875
Less Total Deductions 21,492,163 26,155,481 21,492,163
Total Taxable Value 80,198,712 82,884,758 80,198,712

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
84,004,034 80,198,712 84,004,034 80,198,712


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,805,322 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
84,004,034 80,198,712 84,004,034 80,198,712

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