taxes Property Tax Assistance

2022 ISD Summary Worksheet

080-Franklin /Franklin County

112-910/Sulphur Bluff ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,202,420	N/A	1,202,420	1,202,420
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	12,500	N/A	12,500	12,500
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	302,520	N/A	302,520	302,520
D2 - FARM & RANCH IMP	123,510	N/A	123,510	123,510
E - NON-AG LAND AND IMPROVEMENTS	2,810,810	N/A	2,810,810	2,810,810
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	1,465,140	N/A	1,465,140	1,465,140
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	93,920	N/A	93,920	93,920
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	6,010,820	0	6,010,820	6,010,820
Less Total Deductions	1,034,648	0	1,034,648	1,034,648
Total Taxable Value	4,976,172	0	4,976,172	4,976,172

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
5,116,642	4,976,172	5,116,642	4,976,172	5,246,642

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
140,470	0	130,000

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
5,116,642	4,976,172	5,116,642	4,976,172	5,246,642

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

112-Hopkins /Hopkins County

112-910/Sulphur Bluff ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	17,984,970	0.7925	22,693,968	17,984,970
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	18,840	N/A	18,840	18,840
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,731,280	1.2265	7,118,844	8,731,280
D2 - FARM & RANCH IMP	292,830	N/A	292,830	292,830
E - NON-AG LAND AND IMPROVEMENTS	79,750,720	0.8672	91,963,469	79,750,720
F1 - COMMERCIAL REAL	1,501,750	N/A	1,501,750	1,501,750
F2 - INDUSTRIAL REAL	833,500	N/A	833,500	833,500
G - ALL MINERALS	2,802,332	N/A	2,802,332	2,802,332
J - ALL UTILITIES	29,092,486	0.9040	32,181,954	29,092,486
L1 - COMMERCIAL PERSONAL	1,071,790	N/A	1,071,790	1,071,790
L2 - INDUSTRIAL PERSONAL	464,725	N/A	464,725	464,725
M1 - MOBILE HOMES	2,110,050	N/A	2,110,050	2,110,050
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	144,655,273	0	163,054,052	144,655,273
Less Total Deductions	19,988,382	0	25,581,503	19,988,382
Total Taxable Value	124,666,891	0	137,472,549	124,666,891

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
128,610,844	124,666,891	128,610,844	124,666,891	132,220,844

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
3,943,953	0	3,610,000

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
128,610,844	124,666,891	128,610,844	124,666,891	132,220,844

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 ONE OF THE GRACE PERIOD

112-910-02/Sulphur Bluff ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	19,187,390	0.8029	23,896,388	19,187,390
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	31,340	N/A	31,340	31,340
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,033,800	1.2173	7,421,364	9,033,800
D2 - FARM & RANCH IMP	416,340	N/A	416,340	416,340
E - NON-AG LAND AND IMPROVEMENTS	82,561,530	0.8711	94,774,279	82,561,530
F1 - COMMERCIAL REAL	1,501,750	N/A	1,501,750	1,501,750
F2 - INDUSTRIAL REAL	833,500	N/A	833,500	833,500
G - ALL MINERALS	2,802,332	N/A	2,802,332	2,802,332
J - ALL UTILITIES	30,557,626	0.9082	33,647,094	30,557,626
L1 - COMMERCIAL PERSONAL	1,071,790	N/A	1,071,790	1,071,790
L2 - INDUSTRIAL PERSONAL	464,725	N/A	464,725	464,725
M1 - MOBILE HOMES	2,203,970	N/A	2,203,970	2,203,970
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	150,666,093		169,064,872	150,666,093
Less Total Deductions	21,023,030		26,616,151	21,023,030
Total Taxable Value	129,643,063		142,448,721	129,643,063

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
133,727,486	129,643,063	133,727,486	129,643,063	137,467,486

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
4,084,423	0	3,740,000

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
133,727,486	129,643,063	133,727,486	129,643,063	137,467,486

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