taxes Property Tax Assistance

2022 ISD Summary Worksheet

183-Panola/Panola County

183-902/Carthage ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 578,708,380 0.7718 749,816,507 578,708,380
B - MULTIFAMILY 5,363,650 N/A 5,363,650 5,363,650
C1 - VACANT LOTS 38,251,400 N/A 38,251,400 38,251,400
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 49,210,158 1.1435 43,034,477 49,210,158
D2 - FARM & RANCH IMP 16,019,620 N/A 16,019,620 16,019,620
E - NON-AG LAND AND IMPROVEMENTS 133,397,530 N/A 133,397,530 133,397,530
F1 - COMMERCIAL REAL 127,232,501 N/A 127,232,501 127,232,501
F2 - INDUSTRIAL REAL 21,082,780 N/A 21,082,780 21,082,780
G - ALL MINERALS 2,326,212,830 1.0105 2,302,041,395 2,326,212,830
J - ALL UTILITIES 840,035,010 0.9327 900,648,665 840,035,010
L1 - COMMERCIAL PERSONAL 50,215,690 N/A 50,215,690 50,215,690
L2 - INDUSTRIAL PERSONAL 391,591,190 N/A 391,591,190 391,591,190
M1 - MOBILE HOMES 27,136,750 N/A 27,136,750 27,136,750
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 228,670 N/A 228,670 228,670
S - SPECIAL INVENTORY 6,453,630 N/A 6,453,630 6,453,630
Subtotal 4,611,139,789 0 4,812,514,455 4,611,139,789
Less Total Deductions 373,805,439 0 442,537,366 373,805,439
Total Taxable Value 4,237,334,350 0 4,369,977,089 4,237,334,350

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
4,288,363,960 4,237,334,350 4,235,945,130 4,184,915,520 4,335,523,960


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
51,029,610 52,418,830 47,160,000


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
4,364,715,670 4,313,686,060 4,312,296,840 4,261,267,230 4,411,875,670

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

183-902-02/Carthage ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 578,708,380 0.7718 749,816,507 578,708,380
B - MULTIFAMILY 5,363,650 N/A 5,363,650 5,363,650
C1 - VACANT LOTS 38,251,400 N/A 38,251,400 38,251,400
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 49,210,158 1.1435 43,034,477 49,210,158
D2 - FARM & RANCH IMP 16,019,620 N/A 16,019,620 16,019,620
E - NON-AG LAND AND IMPROVEMENTS 133,397,530 N/A 133,397,530 133,397,530
F1 - COMMERCIAL REAL 127,232,501 N/A 127,232,501 127,232,501
F2 - INDUSTRIAL REAL 21,082,780 N/A 21,082,780 21,082,780
G - ALL MINERALS 2,326,212,830 1.0105 2,302,041,395 2,326,212,830
J - ALL UTILITIES 840,035,010 0.9327 900,648,665 840,035,010
L1 - COMMERCIAL PERSONAL 50,215,690 N/A 50,215,690 50,215,690
L2 - INDUSTRIAL PERSONAL 391,591,190 N/A 391,591,190 391,591,190
M1 - MOBILE HOMES 27,136,750 N/A 27,136,750 27,136,750
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 228,670 N/A 228,670 228,670
S - SPECIAL INVENTORY 6,453,630 N/A 6,453,630 6,453,630
Subtotal 4,611,139,789 4,812,514,455 4,611,139,789
Less Total Deductions 373,805,439 442,537,366 373,805,439
Total Taxable Value 4,237,334,350 4,369,977,089 4,237,334,350

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
4,288,363,960 4,237,334,350 4,235,945,130 4,184,915,520 4,335,523,960


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
51,029,610 52,418,830 47,160,000


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
4,364,715,670 4,313,686,060 4,312,296,840 4,261,267,230 4,411,875,670

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