taxes Property Tax Assistance

2022 ISD Summary Worksheet

112-Hopkins/Hopkins County

112-906/North Hopkins ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 37,684,830 0.7701 48,934,982 48,934,982
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 93,620 N/A 93,620 93,620
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,623,470 1.2091 5,478,032 5,478,032
D2 - FARM & RANCH IMP 1,954,260 N/A 1,954,260 1,954,260
E - NON-AG LAND AND IMPROVEMENTS 104,026,960 0.7893 131,796,478 131,796,478
F1 - COMMERCIAL REAL 2,236,970 N/A 2,236,970 2,236,970
F2 - INDUSTRIAL REAL 873,760 N/A 873,760 873,760
G - ALL MINERALS 6,179,577 N/A 6,179,577 6,179,577
J - ALL UTILITIES 8,986,828 0.9534 9,426,083 9,426,083
L1 - COMMERCIAL PERSONAL 1,671,350 N/A 1,671,350 1,671,350
L2 - INDUSTRIAL PERSONAL 2,454,154 N/A 2,454,154 2,454,154
M1 - MOBILE HOMES 4,919,910 N/A 4,919,910 4,919,910
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 177,705,689 0 216,019,176 216,019,176
Less Total Deductions 45,723,128 0 58,445,722 58,445,722
Total Taxable Value 131,982,561 0 157,573,454 157,573,454

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
163,297,221 157,573,454 163,297,221 157,573,454 170,627,221


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
5,723,767 0 7,330,000


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
163,297,221 157,573,454 163,297,221 157,573,454 170,627,221

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

112-906-02/North Hopkins ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 37,684,830 0.7701 48,934,982 48,934,982
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 93,620 N/A 93,620 93,620
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,623,470 1.2091 5,478,032 5,478,032
D2 - FARM & RANCH IMP 1,954,260 N/A 1,954,260 1,954,260
E - NON-AG LAND AND IMPROVEMENTS 104,026,960 0.7893 131,796,478 131,796,478
F1 - COMMERCIAL REAL 2,236,970 N/A 2,236,970 2,236,970
F2 - INDUSTRIAL REAL 873,760 N/A 873,760 873,760
G - ALL MINERALS 6,179,577 N/A 6,179,577 6,179,577
J - ALL UTILITIES 8,986,828 0.9534 9,426,083 9,426,083
L1 - COMMERCIAL PERSONAL 1,671,350 N/A 1,671,350 1,671,350
L2 - INDUSTRIAL PERSONAL 2,454,154 N/A 2,454,154 2,454,154
M1 - MOBILE HOMES 4,919,910 N/A 4,919,910 4,919,910
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 177,705,689 216,019,176 216,019,176
Less Total Deductions 45,723,128 58,445,722 58,445,722
Total Taxable Value 131,982,561 157,573,454 157,573,454

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
163,297,221 157,573,454 163,297,221 157,573,454 170,627,221


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
5,723,767 0 7,330,000


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
163,297,221 157,573,454 163,297,221 157,573,454 170,627,221

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