taxes Property Tax Assistance

2022 ISD Summary Worksheet

037-Cherokee/Cherokee County

212-904/Troup ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 66,392,590 N/A 66,392,590 66,392,590
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,787,300 N/A 3,787,300 3,787,300
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,399,461 N/A 3,399,461 3,399,461
D2 - FARM & RANCH IMP 2,692,850 N/A 2,692,850 2,692,850
E - NON-AG LAND AND IMPROVEMENTS 152,813,215 N/A 152,813,215 152,813,215
F1 - COMMERCIAL REAL 643,480 N/A 643,480 643,480
F2 - INDUSTRIAL REAL 2,509,910 N/A 2,509,910 2,509,910
G - ALL MINERALS 63,253,293 N/A 63,253,293 63,253,293
J - ALL UTILITIES 26,374,770 N/A 26,374,770 26,374,770
L1 - COMMERCIAL PERSONAL 2,242,060 N/A 2,242,060 2,242,060
L2 - INDUSTRIAL PERSONAL 3,945,390 N/A 3,945,390 3,945,390
M1 - MOBILE HOMES 3,928,500 N/A 3,928,500 3,928,500
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 331,982,819 0 331,982,819 331,982,819
Less Total Deductions 72,178,652 0 72,178,652 72,178,652
Total Taxable Value 259,804,167 0 259,804,167 259,804,167

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
267,373,027 259,804,167 267,373,027 259,804,167 273,583,027


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
7,568,860 0 6,210,000


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
267,373,027 259,804,167 267,373,027 259,804,167 273,583,027

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

212-Smith/Smith County

212-904/Troup ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 92,410,300 N/A 92,410,300 92,410,300
B - MULTIFAMILY 3,217,788 N/A 3,217,788 3,217,788
C1 - VACANT LOTS 5,306,382 N/A 5,306,382 5,306,382
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,181,270 N/A 3,181,270 3,181,270
D2 - FARM & RANCH IMP 1,379,168 N/A 1,379,168 1,379,168
E - NON-AG LAND AND IMPROVEMENTS 58,496,549 N/A 58,496,549 58,496,549
F1 - COMMERCIAL REAL 9,957,661 N/A 9,957,661 9,957,661
F2 - INDUSTRIAL REAL 2,231,062 N/A 2,231,062 2,231,062
G - ALL MINERALS 60,492,637 N/A 60,492,637 60,492,637
J - ALL UTILITIES 30,301,949 N/A 30,301,949 30,301,949
L1 - COMMERCIAL PERSONAL 7,435,664 N/A 7,435,664 7,435,664
L2 - INDUSTRIAL PERSONAL 6,860,903 N/A 6,860,903 6,860,903
M1 - MOBILE HOMES 3,129,637 N/A 3,129,637 3,129,637
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 284,400,970 0 284,400,970 284,400,970
Less Total Deductions 44,186,777 0 44,186,777 44,186,777
Total Taxable Value 240,214,193 0 240,214,193 240,214,193

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
248,245,260 240,214,193 248,245,260 240,214,193 255,255,260


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
8,031,067 0 7,010,000


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
248,245,260 240,214,193 248,245,260 240,214,193 255,255,260

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

212-904-02/Troup ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 158,802,890 N/A 158,802,890 158,802,890
B - MULTIFAMILY 3,217,788 N/A 3,217,788 3,217,788
C1 - VACANT LOTS 9,093,682 N/A 9,093,682 9,093,682
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,580,731 N/A 6,580,731 6,580,731
D2 - FARM & RANCH IMP 4,072,018 N/A 4,072,018 4,072,018
E - NON-AG LAND AND IMPROVEMENTS 211,309,764 N/A 211,309,764 211,309,764
F1 - COMMERCIAL REAL 10,601,141 N/A 10,601,141 10,601,141
F2 - INDUSTRIAL REAL 4,740,972 N/A 4,740,972 4,740,972
G - ALL MINERALS 123,745,930 N/A 123,745,930 123,745,930
J - ALL UTILITIES 56,676,719 N/A 56,676,719 56,676,719
L1 - COMMERCIAL PERSONAL 9,677,724 N/A 9,677,724 9,677,724
L2 - INDUSTRIAL PERSONAL 10,806,293 N/A 10,806,293 10,806,293
M1 - MOBILE HOMES 7,058,137 N/A 7,058,137 7,058,137
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 616,383,789 616,383,789 616,383,789
Less Total Deductions 116,365,429 116,365,429 116,365,429
Total Taxable Value 500,018,360 500,018,360 500,018,360

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
515,618,287 500,018,360 515,618,287 500,018,360 528,838,287


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
15,599,927 0 13,220,000


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
515,618,287 500,018,360 515,618,287 500,018,360 528,838,287

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