taxes Property Tax Assistance

2021 ISD Summary Worksheet

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	1.1348	13,470,423	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	194,901,355	192,492,886
Less Total Deductions	37,900,059	0	40,698,751	37,900,059
Total Taxable Value	154,592,827	0	154,202,604	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 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
160,907,433	154,592,827	154,263,732	147,949,126

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,314,606	6,643,701

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
160,907,433	154,592,827	154,263,732	147,949,126

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

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	1.1348	13,470,423	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		194,901,355	192,492,886
Less Total Deductions	37,900,059		40,698,751	37,900,059
Total Taxable Value	154,592,827		154,202,604	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 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
160,907,433	154,592,827	154,263,732	147,949,126

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,314,606	6,643,701

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
160,907,433	154,592,827	154,263,732	147,949,126

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