taxes Property Tax Assistance

2022 ISD Summary Worksheet

Timpson ISD (all splits)   Shelby County  

210-Shelby/Shelby County

210-905/Timpson ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 41,527,787 N/A 41,527,787 41,527,787
B - MULTIFAMILY 586,150 N/A 586,150 586,150
C1 - VACANT LOTS 1,925,476 N/A 1,925,476 1,925,476
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,018,860 N/A 15,018,860 15,018,860
D2 - FARM & RANCH IMP 11,150,589 N/A 11,150,589 11,150,589
E - NON-AG LAND AND IMPROVEMENTS 65,702,766 N/A 65,702,766 65,702,766
F1 - COMMERCIAL REAL 8,181,250 N/A 8,181,250 8,181,250
F2 - INDUSTRIAL REAL 3,687,930 N/A 3,687,930 3,687,930
G - ALL MINERALS 6,021,590 N/A 6,021,590 6,021,590
J - ALL UTILITIES 21,168,700 N/A 21,168,700 21,168,700
L1 - COMMERCIAL PERSONAL 3,396,347 N/A 3,396,347 3,396,347
L2 - INDUSTRIAL PERSONAL 16,504,770 N/A 16,504,770 16,504,770
M1 - MOBILE HOMES 10,695,170 N/A 10,695,170 10,695,170
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 12,020 N/A 12,020 12,020
Subtotal 205,579,405 0 205,579,405 205,579,405
Less Total Deductions 47,502,225 0 47,502,225 47,502,225
Total Taxable Value 158,077,180 0 158,077,180 158,077,180

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's office 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 school 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

Measure Value Description
T1 164,751,986 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 158,077,180 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 158,076,017 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 151,401,211 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 175,551,986 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 164,751,986 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 158,077,180 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 158,076,017 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 151,401,211 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 175,551,986 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,674,806 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 6,675,969 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 10,800,000 Loss to the second most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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210-905-02/Timpson ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 41,527,787 N/A 41,527,787 41,527,787
B - MULTIFAMILY 586,150 N/A 586,150 586,150
C1 - VACANT LOTS 1,925,476 N/A 1,925,476 1,925,476
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,018,860 N/A 15,018,860 15,018,860
D2 - FARM & RANCH IMP 11,150,589 N/A 11,150,589 11,150,589
E - NON-AG LAND AND IMPROVEMENTS 65,702,766 N/A 65,702,766 65,702,766
F1 - COMMERCIAL REAL 8,181,250 N/A 8,181,250 8,181,250
F2 - INDUSTRIAL REAL 3,687,930 N/A 3,687,930 3,687,930
G - ALL MINERALS 6,021,590 N/A 6,021,590 6,021,590
J - ALL UTILITIES 21,168,700 N/A 21,168,700 21,168,700
L1 - COMMERCIAL PERSONAL 3,396,347 N/A 3,396,347 3,396,347
L2 - INDUSTRIAL PERSONAL 16,504,770 N/A 16,504,770 16,504,770
M1 - MOBILE HOMES 10,695,170 N/A 10,695,170 10,695,170
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 12,020 N/A 12,020 12,020
Subtotal 205,579,405 205,579,405 205,579,405
Less Total Deductions 47,502,225 47,502,225 47,502,225
Total Taxable Value 158,077,180 158,077,180 158,077,180

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's office 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 school 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

Measure Value Description
T1 164,751,986 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 158,077,180 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 158,076,017 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 151,401,211 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 175,551,986 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 164,751,986 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 158,077,180 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 158,076,017 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 151,401,211 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 175,551,986 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,674,806 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 6,675,969 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 10,800,000 Loss to the second most recent increase in the state-mandated homestead exemption

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