taxes Property Tax Assistance

2022 ISD Summary Worksheet

092-Gregg /Gregg County

092-907/Spring Hill ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	612,584,160	N/A	612,584,160	612,584,160
B - MULTIFAMILY	48,329,110	N/A	48,329,110	48,329,110
C1 - VACANT LOTS	5,608,975	N/A	5,608,975	5,608,975
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	238,655	N/A	238,655	238,655
D2 - FARM & RANCH IMP	186,030	N/A	186,030	186,030
E - NON-AG LAND AND IMPROVEMENTS	43,335,871	N/A	43,335,871	43,335,871
F1 - COMMERCIAL REAL	31,749,160	N/A	31,749,160	31,749,160
F2 - INDUSTRIAL REAL	211,350	N/A	211,350	211,350
G - ALL MINERALS	16,478,695	N/A	16,478,695	16,478,695
J - ALL UTILITIES	10,202,080	N/A	10,202,080	10,202,080
L1 - COMMERCIAL PERSONAL	12,383,840	N/A	12,383,840	12,383,840
L2 - INDUSTRIAL PERSONAL	1,244,700	N/A	1,244,700	1,244,700
M1 - MOBILE HOMES	1,437,370	N/A	1,437,370	1,437,370
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	2,985,180	N/A	2,985,180	2,985,180
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	786,975,176	0	786,975,176	786,975,176
Less Total Deductions	141,439,184	0	141,439,184	141,439,184
Total Taxable Value	645,535,992	0	645,535,992	645,535,992

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
675,392,169	645,535,992	636,378,632	606,522,455	696,342,169

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
29,856,177	39,013,537	20,950,000

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
675,392,169	645,535,992	636,378,632	606,522,455	696,342,169

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

092-907-02/Spring Hill ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	612,584,160	N/A	612,584,160	612,584,160
B - MULTIFAMILY	48,329,110	N/A	48,329,110	48,329,110
C1 - VACANT LOTS	5,608,975	N/A	5,608,975	5,608,975
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	238,655	N/A	238,655	238,655
D2 - FARM & RANCH IMP	186,030	N/A	186,030	186,030
E - NON-AG LAND AND IMPROVEMENTS	43,335,871	N/A	43,335,871	43,335,871
F1 - COMMERCIAL REAL	31,749,160	N/A	31,749,160	31,749,160
F2 - INDUSTRIAL REAL	211,350	N/A	211,350	211,350
G - ALL MINERALS	16,478,695	N/A	16,478,695	16,478,695
J - ALL UTILITIES	10,202,080	N/A	10,202,080	10,202,080
L1 - COMMERCIAL PERSONAL	12,383,840	N/A	12,383,840	12,383,840
L2 - INDUSTRIAL PERSONAL	1,244,700	N/A	1,244,700	1,244,700
M1 - MOBILE HOMES	1,437,370	N/A	1,437,370	1,437,370
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	2,985,180	N/A	2,985,180	2,985,180
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	786,975,176		786,975,176	786,975,176
Less Total Deductions	141,439,184		141,439,184	141,439,184
Total Taxable Value	645,535,992		645,535,992	645,535,992

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
675,392,169	645,535,992	636,378,632	606,522,455	696,342,169

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
29,856,177	39,013,537	20,950,000

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
675,392,169	645,535,992	636,378,632	606,522,455	696,342,169

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