taxes Property Tax Assistance

2022 ISD Summary Worksheet

202-Sabine/Sabine County

210-903/Shelbyville ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 470,070 N/A 470,070 470,070
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 66,960 N/A 66,960 66,960
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,646,980 N/A 1,646,980 1,646,980
D2 - FARM & RANCH IMP 347,180 N/A 347,180 347,180
E - NON-AG LAND AND IMPROVEMENTS 1,893,080 N/A 1,893,080 1,893,080
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 961,320 N/A 961,320 961,320
J - ALL UTILITIES 897,930 N/A 897,930 897,930
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 62,080 N/A 62,080 62,080
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 6,345,600 0 6,345,600 6,345,600
Less Total Deductions 906,698 0 906,698 906,698
Total Taxable Value 5,438,902 0 5,438,902 5,438,902

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
5,541,572 5,438,902 5,541,572 5,438,902 5,681,572


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
102,670 0 140,000


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
5,541,572 5,438,902 5,541,572 5,438,902 5,681,572

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

210-Shelby/Shelby County

210-903/Shelbyville ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 34,235,763 0.7359 46,522,303 34,235,763
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,374,844 N/A 2,374,844 2,374,844
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,566,122 1.2053 13,744,537 16,566,122
D2 - FARM & RANCH IMP 12,988,047 N/A 12,988,047 12,988,047
E - NON-AG LAND AND IMPROVEMENTS 78,557,508 0.8246 95,267,412 78,557,508
F1 - COMMERCIAL REAL 2,303,860 N/A 2,303,860 2,303,860
F2 - INDUSTRIAL REAL 6,490 N/A 6,490 6,490
G - ALL MINERALS 128,765,500 1.0067 127,908,513 128,765,500
J - ALL UTILITIES 36,928,590 0.9152 40,350,295 36,928,590
L1 - COMMERCIAL PERSONAL 3,005,823 N/A 3,005,823 3,005,823
L2 - INDUSTRIAL PERSONAL 3,080,260 N/A 3,080,260 3,080,260
M1 - MOBILE HOMES 10,645,390 N/A 10,645,390 10,645,390
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 329,458,197 0 358,197,774 329,458,197
Less Total Deductions 43,819,599 0 56,134,464 43,819,599
Total Taxable Value 285,638,598 0 302,063,310 285,638,598

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
292,182,896 285,638,598 292,182,896 285,638,598 302,712,896


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
6,544,298 0 10,530,000


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
292,182,896 285,638,598 292,182,896 285,638,598 302,712,896

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

210-903-02/Shelbyville ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 34,705,833 0.7385 46,992,373 34,705,833
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,441,804 N/A 2,441,804 2,441,804
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,213,102 1.1833 15,391,517 18,213,102
D2 - FARM & RANCH IMP 13,335,227 N/A 13,335,227 13,335,227
E - NON-AG LAND AND IMPROVEMENTS 80,450,588 0.8280 97,160,492 80,450,588
F1 - COMMERCIAL REAL 2,303,860 N/A 2,303,860 2,303,860
F2 - INDUSTRIAL REAL 6,490 N/A 6,490 6,490
G - ALL MINERALS 129,726,820 1.0067 128,869,833 129,726,820
J - ALL UTILITIES 37,826,520 0.9170 41,248,225 37,826,520
L1 - COMMERCIAL PERSONAL 3,005,823 N/A 3,005,823 3,005,823
L2 - INDUSTRIAL PERSONAL 3,080,260 N/A 3,080,260 3,080,260
M1 - MOBILE HOMES 10,707,470 N/A 10,707,470 10,707,470
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 335,803,797 364,543,374 335,803,797
Less Total Deductions 44,726,297 57,041,162 44,726,297
Total Taxable Value 291,077,500 307,502,212 291,077,500

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
297,724,468 291,077,500 297,724,468 291,077,500 308,394,468


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
6,646,968 0 10,670,000


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
297,724,468 291,077,500 297,724,468 291,077,500 308,394,468

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