taxes Property Tax Assistance

2022 ISD Summary Worksheet

037-Cherokee/Cherokee County

212-904/Troup ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	66,392,590	N/A	66,392,590	66,392,590
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,787,300	N/A	3,787,300	3,787,300
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,399,461	N/A	3,399,461	3,399,461
D2 - FARM & RANCH IMP	2,692,850	N/A	2,692,850	2,692,850
E - NON-AG LAND AND IMPROVEMENTS	152,813,215	N/A	152,813,215	152,813,215
F1 - COMMERCIAL REAL	643,480	N/A	643,480	643,480
F2 - INDUSTRIAL REAL	2,509,910	N/A	2,509,910	2,509,910
G - ALL MINERALS	63,253,293	N/A	63,253,293	63,253,293
J - ALL UTILITIES	26,374,770	N/A	26,374,770	26,374,770
L1 - COMMERCIAL PERSONAL	2,242,060	N/A	2,242,060	2,242,060
L2 - INDUSTRIAL PERSONAL	3,945,390	N/A	3,945,390	3,945,390
M1 - MOBILE HOMES	3,928,500	N/A	3,928,500	3,928,500
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	331,982,819	0	331,982,819	331,982,819
Less Total Deductions	72,178,652	0	72,178,652	72,178,652
Total Taxable Value	259,804,167	0	259,804,167	259,804,167

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	T13
267,373,027	259,804,167	267,373,027	259,804,167	273,583,027

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
7,568,860	0	6,210,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
267,373,027	259,804,167	267,373,027	259,804,167	273,583,027

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

212-Smith/Smith County

212-904/Troup ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	92,410,300	N/A	92,410,300	92,410,300
B - MULTIFAMILY	3,217,788	N/A	3,217,788	3,217,788
C1 - VACANT LOTS	5,306,382	N/A	5,306,382	5,306,382
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,181,270	N/A	3,181,270	3,181,270
D2 - FARM & RANCH IMP	1,379,168	N/A	1,379,168	1,379,168
E - NON-AG LAND AND IMPROVEMENTS	58,496,549	N/A	58,496,549	58,496,549
F1 - COMMERCIAL REAL	9,957,661	N/A	9,957,661	9,957,661
F2 - INDUSTRIAL REAL	2,231,062	N/A	2,231,062	2,231,062
G - ALL MINERALS	60,492,637	N/A	60,492,637	60,492,637
J - ALL UTILITIES	30,301,949	N/A	30,301,949	30,301,949
L1 - COMMERCIAL PERSONAL	7,435,664	N/A	7,435,664	7,435,664
L2 - INDUSTRIAL PERSONAL	6,860,903	N/A	6,860,903	6,860,903
M1 - MOBILE HOMES	3,129,637	N/A	3,129,637	3,129,637
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	284,400,970	0	284,400,970	284,400,970
Less Total Deductions	44,186,777	0	44,186,777	44,186,777
Total Taxable Value	240,214,193	0	240,214,193	240,214,193

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	T13
248,245,260	240,214,193	248,245,260	240,214,193	255,255,260

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
8,031,067	0	7,010,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
248,245,260	240,214,193	248,245,260	240,214,193	255,255,260

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

212-904-02/Troup ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	158,802,890	N/A	158,802,890	158,802,890
B - MULTIFAMILY	3,217,788	N/A	3,217,788	3,217,788
C1 - VACANT LOTS	9,093,682	N/A	9,093,682	9,093,682
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,580,731	N/A	6,580,731	6,580,731
D2 - FARM & RANCH IMP	4,072,018	N/A	4,072,018	4,072,018
E - NON-AG LAND AND IMPROVEMENTS	211,309,764	N/A	211,309,764	211,309,764
F1 - COMMERCIAL REAL	10,601,141	N/A	10,601,141	10,601,141
F2 - INDUSTRIAL REAL	4,740,972	N/A	4,740,972	4,740,972
G - ALL MINERALS	123,745,930	N/A	123,745,930	123,745,930
J - ALL UTILITIES	56,676,719	N/A	56,676,719	56,676,719
L1 - COMMERCIAL PERSONAL	9,677,724	N/A	9,677,724	9,677,724
L2 - INDUSTRIAL PERSONAL	10,806,293	N/A	10,806,293	10,806,293
M1 - MOBILE HOMES	7,058,137	N/A	7,058,137	7,058,137
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	616,383,789		616,383,789	616,383,789
Less Total Deductions	116,365,429		116,365,429	116,365,429
Total Taxable Value	500,018,360		500,018,360	500,018,360

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	T13
515,618,287	500,018,360	515,618,287	500,018,360	528,838,287

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
15,599,927	0	13,220,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
515,618,287	500,018,360	515,618,287	500,018,360	528,838,287

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement