taxes Property Tax Assistance

2021 ISD Summary Worksheet

Timpson ISD (all splits)   Shelby County  

210-Shelby/Shelby County

210-905/Timpson ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 38,879,574 0.9154 42,472,770 38,879,574
B - MULTIFAMILY 492,510 N/A 492,510 492,510
C1 - VACANT LOTS 1,879,186 N/A 1,879,186 1,879,186
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,286,860 1.1349 13,470,076 15,286,860
D2 - FARM & RANCH IMP 10,541,780 1.0494 10,045,531 10,541,780
E - NON-AG LAND AND IMPROVEMENTS 60,958,368 0.9975 61,111,146 60,958,368
F1 - COMMERCIAL REAL 8,249,079 N/A 8,249,079 8,249,079
F2 - INDUSTRIAL REAL 3,827,410 N/A 3,827,410 3,827,410
G - ALL MINERALS 5,134,000 N/A 5,134,000 5,134,000
J - ALL UTILITIES 19,862,010 0.9532 20,837,191 19,862,010
L1 - COMMERCIAL PERSONAL 3,526,519 N/A 3,526,519 3,526,519
L2 - INDUSTRIAL PERSONAL 15,914,870 N/A 15,914,870 15,914,870
M1 - MOBILE HOMES 7,939,280 N/A 7,939,280 7,939,280
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,440 N/A 1,440 1,440
Subtotal 192,492,886 0 194,901,008 192,492,886
Less Total Deductions 37,900,059 0 40,698,751 37,900,059
Total Taxable Value 154,592,827 0 154,202,257 154,592,827

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 160,907,433 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 154,592,827 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 154,263,732 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 147,949,126 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 160,907,433 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 154,592,827 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 154,263,732 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 147,949,126 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,314,606 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 6,643,701 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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210-905-02/Timpson ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 38,879,574 0.9154 42,472,770 38,879,574
B - MULTIFAMILY 492,510 N/A 492,510 492,510
C1 - VACANT LOTS 1,879,186 N/A 1,879,186 1,879,186
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,286,860 1.1349 13,470,076 15,286,860
D2 - FARM & RANCH IMP 10,541,780 1.0494 10,045,531 10,541,780
E - NON-AG LAND AND IMPROVEMENTS 60,958,368 0.9975 61,111,146 60,958,368
F1 - COMMERCIAL REAL 8,249,079 N/A 8,249,079 8,249,079
F2 - INDUSTRIAL REAL 3,827,410 N/A 3,827,410 3,827,410
G - ALL MINERALS 5,134,000 N/A 5,134,000 5,134,000
J - ALL UTILITIES 19,862,010 0.9532 20,837,191 19,862,010
L1 - COMMERCIAL PERSONAL 3,526,519 N/A 3,526,519 3,526,519
L2 - INDUSTRIAL PERSONAL 15,914,870 N/A 15,914,870 15,914,870
M1 - MOBILE HOMES 7,939,280 N/A 7,939,280 7,939,280
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,440 N/A 1,440 1,440
Subtotal 192,492,886 194,901,008 192,492,886
Less Total Deductions 37,900,059 40,698,751 37,900,059
Total Taxable Value 154,592,827 154,202,257 154,592,827

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 160,907,433 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 154,592,827 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 154,263,732 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 147,949,126 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 160,907,433 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 154,592,827 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 154,263,732 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 147,949,126 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,314,606 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 6,643,701 50% of the loss to the local optional percentage homestead exemption

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