taxes Property Tax Assistance

2022 ISD Summary Worksheet

210-Shelby/Shelby County

210-901/Center ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	202,974,935	0.7724	262,784,742	202,974,935
B - MULTIFAMILY	3,862,760	N/A	3,862,760	3,862,760
C1 - VACANT LOTS	5,456,539	N/A	5,456,539	5,456,539
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	19,739,115	1.1865	16,635,848	19,739,115
D2 - FARM & RANCH IMP	15,981,790	N/A	15,981,790	15,981,790
E - NON-AG LAND AND IMPROVEMENTS	120,327,202	0.8172	147,243,272	120,327,202
F1 - COMMERCIAL REAL	122,801,211	0.9547	128,628,062	122,801,211
F2 - INDUSTRIAL REAL	65,795,430	N/A	65,795,430	65,795,430
G - ALL MINERALS	47,485,036	1.0080	47,108,171	47,485,036
J - ALL UTILITIES	78,327,140	0.9445	82,929,741	78,327,140
L1 - COMMERCIAL PERSONAL	42,833,168	0.9863	43,428,133	42,833,168
L2 - INDUSTRIAL PERSONAL	71,605,450	N/A	71,605,450	71,605,450
M1 - MOBILE HOMES	19,513,780	N/A	19,513,780	19,513,780
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	30,730	N/A	30,730	30,730
S - SPECIAL INVENTORY	5,073,890	N/A	5,073,890	5,073,890
Subtotal	821,808,176	0	916,078,338	821,808,176
Less Total Deductions	131,291,998	0	159,448,169	131,291,998
Total Taxable Value	690,516,178	0	756,630,169	690,516,178

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
710,689,202	690,516,178	689,089,149	668,916,125	737,719,202

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
20,173,024	21,600,053	27,030,000

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
710,689,202	690,516,178	689,089,149	668,916,125	737,719,202

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

210-901-02/Center ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	202,974,935	0.7724	262,784,742	202,974,935
B - MULTIFAMILY	3,862,760	N/A	3,862,760	3,862,760
C1 - VACANT LOTS	5,456,539	N/A	5,456,539	5,456,539
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	19,739,115	1.1865	16,635,848	19,739,115
D2 - FARM & RANCH IMP	15,981,790	N/A	15,981,790	15,981,790
E - NON-AG LAND AND IMPROVEMENTS	120,327,202	0.8172	147,243,272	120,327,202
F1 - COMMERCIAL REAL	122,801,211	0.9547	128,628,062	122,801,211
F2 - INDUSTRIAL REAL	65,795,430	N/A	65,795,430	65,795,430
G - ALL MINERALS	47,485,036	1.0080	47,108,171	47,485,036
J - ALL UTILITIES	78,327,140	0.9445	82,929,741	78,327,140
L1 - COMMERCIAL PERSONAL	42,833,168	0.9863	43,428,133	42,833,168
L2 - INDUSTRIAL PERSONAL	71,605,450	N/A	71,605,450	71,605,450
M1 - MOBILE HOMES	19,513,780	N/A	19,513,780	19,513,780
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	30,730	N/A	30,730	30,730
S - SPECIAL INVENTORY	5,073,890	N/A	5,073,890	5,073,890
Subtotal	821,808,176		916,078,338	821,808,176
Less Total Deductions	131,291,998		159,448,169	131,291,998
Total Taxable Value	690,516,178		756,630,169	690,516,178

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
710,689,202	690,516,178	689,089,149	668,916,125	737,719,202

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
20,173,024	21,600,053	27,030,000

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
710,689,202	690,516,178	689,089,149	668,916,125	737,719,202

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