taxes Property Tax Assistance

2021 ISD Summary Worksheet

Miller Grove ISD (all splits)   Hopkins County   Rains County  

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'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 79,678,590 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 75,947,559 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 79,678,590 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 75,947,559 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 79,678,590 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 75,947,559 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 79,678,590 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 75,947,559 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,731,031 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 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 TWO OF THE GRACE PERIOD.


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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'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 4,325,444 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,251,153 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 4,325,444 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,251,153 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 4,325,444 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,251,153 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 4,325,444 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,251,153 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 74,291 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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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'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 84,004,034 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 80,198,712 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 84,004,034 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 80,198,712 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 84,004,034 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 80,198,712 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 84,004,034 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 80,198,712 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,805,322 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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