taxes Property Tax Assistance

2021 ISD Summary Worksheet

092-Gregg /Gregg County

092-907/Spring Hill ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 555,582,511 0.9529 583,043,878 555,582,511
B - MULTIFAMILY 30,255,400 N/A 30,255,400 30,255,400
C1 - VACANT LOTS 5,912,303 N/A 5,912,303 5,912,303
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 259,852 0.9414 276,039 259,852
D2 - FARM & RANCH IMP 195,050 N/A 195,050 195,050
E - NON-AG LAND AND IMPROVEMENTS 36,086,188 0.9906 36,428,617 36,086,188
F1 - COMMERCIAL REAL 24,848,900 N/A 24,848,900 24,848,900
F2 - INDUSTRIAL REAL 96,070 N/A 96,070 96,070
G - ALL MINERALS 10,725,727 N/A 10,725,727 10,725,727
J - ALL UTILITIES 7,469,160 N/A 7,469,160 7,469,160
L1 - COMMERCIAL PERSONAL 11,689,770 N/A 11,689,770 11,689,770
L2 - INDUSTRIAL PERSONAL 1,190,650 N/A 1,190,650 1,190,650
M1 - MOBILE HOMES 1,374,660 N/A 1,374,660 1,374,660
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,687,225 N/A 3,687,225 3,687,225
S - SPECIAL INVENTORY 354,940 N/A 354,940 354,940
Subtotal 689,728,406 0 717,548,389 689,728,406
Less Total Deductions 104,269,298 0 110,852,376 104,269,298
Total Taxable Value 585,459,108 0 606,696,013 585,459,108

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
605,298,855 585,459,108 569,997,535 550,157,788


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,839,747 35,301,320


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
605,298,855 585,459,108 569,997,535 550,157,788

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

092-907-02/Spring Hill ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 555,582,511 0.9529 583,043,878 555,582,511
B - MULTIFAMILY 30,255,400 N/A 30,255,400 30,255,400
C1 - VACANT LOTS 5,912,303 N/A 5,912,303 5,912,303
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 259,852 0.9414 276,039 259,852
D2 - FARM & RANCH IMP 195,050 N/A 195,050 195,050
E - NON-AG LAND AND IMPROVEMENTS 36,086,188 0.9906 36,428,617 36,086,188
F1 - COMMERCIAL REAL 24,848,900 N/A 24,848,900 24,848,900
F2 - INDUSTRIAL REAL 96,070 N/A 96,070 96,070
G - ALL MINERALS 10,725,727 N/A 10,725,727 10,725,727
J - ALL UTILITIES 7,469,160 N/A 7,469,160 7,469,160
L1 - COMMERCIAL PERSONAL 11,689,770 N/A 11,689,770 11,689,770
L2 - INDUSTRIAL PERSONAL 1,190,650 N/A 1,190,650 1,190,650
M1 - MOBILE HOMES 1,374,660 N/A 1,374,660 1,374,660
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,687,225 N/A 3,687,225 3,687,225
S - SPECIAL INVENTORY 354,940 N/A 354,940 354,940
Subtotal 689,728,406 717,548,389 689,728,406
Less Total Deductions 104,269,298 110,852,376 104,269,298
Total Taxable Value 585,459,108 606,696,013 585,459,108

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
605,298,855 585,459,108 569,997,535 550,157,788


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
19,839,747 35,301,320


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
605,298,855 585,459,108 569,997,535 550,157,788

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