taxes Property Tax Assistance

2022 ISD Summary Worksheet

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 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
164,751,986	158,077,180	158,076,017	151,401,211	175,551,986

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
6,674,806	6,675,969	10,800,000

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
164,751,986	158,077,180	158,076,017	151,401,211	175,551,986

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

210-905-02/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 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
164,751,986	158,077,180	158,076,017	151,401,211	175,551,986

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
6,674,806	6,675,969	10,800,000

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
164,751,986	158,077,180	158,076,017	151,401,211	175,551,986

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