taxes Property Tax Assistance

2022 ISD Summary Worksheet

092-Gregg/Gregg County

092-907/Spring Hill ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	612,623,608	N/A	612,623,608	612,623,608
B - MULTIFAMILY	47,720,585	N/A	47,720,585	47,720,585
C1 - VACANT LOTS	5,607,079	N/A	5,607,079	5,607,079
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	246,075	N/A	246,075	246,075
D2 - FARM & RANCH IMP	186,030	N/A	186,030	186,030
E - NON-AG LAND AND IMPROVEMENTS	43,269,071	N/A	43,269,071	43,269,071
F1 - COMMERCIAL REAL	31,749,160	N/A	31,749,160	31,749,160
F2 - INDUSTRIAL REAL	211,350	N/A	211,350	211,350
G - ALL MINERALS	14,709,429	N/A	14,709,429	14,709,429
J - ALL UTILITIES	8,245,070	N/A	8,245,070	8,245,070
L1 - COMMERCIAL PERSONAL	12,244,080	N/A	12,244,080	12,244,080
L2 - INDUSTRIAL PERSONAL	3,965,320	N/A	3,965,320	3,965,320
M1 - MOBILE HOMES	1,437,370	N/A	1,437,370	1,437,370
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	2,843,900	N/A	2,843,900	2,843,900
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	785,058,127	0	785,058,127	785,058,127
Less Total Deductions	144,161,835	0	144,161,835	144,161,835
Total Taxable Value	640,896,292	0	640,896,292	640,896,292

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
671,367,676	640,896,292	631,587,050	601,115,666	692,697,676

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
30,471,384	39,780,626	21,330,000

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
671,367,676	640,896,292	631,587,050	601,115,666	692,697,676

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

092-907-02/Spring Hill ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	612,623,608	N/A	612,623,608	612,623,608
B - MULTIFAMILY	47,720,585	N/A	47,720,585	47,720,585
C1 - VACANT LOTS	5,607,079	N/A	5,607,079	5,607,079
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	246,075	N/A	246,075	246,075
D2 - FARM & RANCH IMP	186,030	N/A	186,030	186,030
E - NON-AG LAND AND IMPROVEMENTS	43,269,071	N/A	43,269,071	43,269,071
F1 - COMMERCIAL REAL	31,749,160	N/A	31,749,160	31,749,160
F2 - INDUSTRIAL REAL	211,350	N/A	211,350	211,350
G - ALL MINERALS	14,709,429	N/A	14,709,429	14,709,429
J - ALL UTILITIES	8,245,070	N/A	8,245,070	8,245,070
L1 - COMMERCIAL PERSONAL	12,244,080	N/A	12,244,080	12,244,080
L2 - INDUSTRIAL PERSONAL	3,965,320	N/A	3,965,320	3,965,320
M1 - MOBILE HOMES	1,437,370	N/A	1,437,370	1,437,370
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	2,843,900	N/A	2,843,900	2,843,900
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	785,058,127		785,058,127	785,058,127
Less Total Deductions	144,161,835		144,161,835	144,161,835
Total Taxable Value	640,896,292		640,896,292	640,896,292

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
671,367,676	640,896,292	631,587,050	601,115,666	692,697,676

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
30,471,384	39,780,626	21,330,000

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
671,367,676	640,896,292	631,587,050	601,115,666	692,697,676

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