taxes Property Tax Assistance

2022 ISD Summary Worksheet

210-Shelby /Shelby County

210-901/Center ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	203,091,667	0.7724	262,935,871	203,091,667
B - MULTIFAMILY	3,862,760	N/A	3,862,760	3,862,760
C1 - VACANT LOTS	5,470,160	N/A	5,470,160	5,470,160
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	19,738,718	1.1863	16,638,672	19,738,718
D2 - FARM & RANCH IMP	15,977,950	N/A	15,977,950	15,977,950
E - NON-AG LAND AND IMPROVEMENTS	119,668,156	0.8172	146,436,804	119,668,156
F1 - COMMERCIAL REAL	122,850,100	0.9547	128,679,271	122,850,100
F2 - INDUSTRIAL REAL	65,795,430	N/A	65,795,430	65,795,430
G - ALL MINERALS	47,484,580	1.0080	47,107,718	47,484,580
J - ALL UTILITIES	78,327,140	0.8997	87,059,175	78,327,140
L1 - COMMERCIAL PERSONAL	43,220,948	0.9863	43,821,300	43,220,948
L2 - INDUSTRIAL PERSONAL	71,600,390	N/A	71,600,390	71,600,390
M1 - MOBILE HOMES	19,294,670	N/A	19,294,670	19,294,670
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	32,760	N/A	32,760	32,760
S - SPECIAL INVENTORY	5,073,890	N/A	5,073,890	5,073,890
Subtotal	821,489,319	0	919,786,821	821,489,319
Less Total Deductions	127,173,731	0	153,698,613	127,173,731
Total Taxable Value	694,315,588	0	766,088,208	694,315,588

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
714,143,546	694,315,588	692,986,511	673,158,553	740,553,546

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
19,827,958	21,157,035	26,410,000

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
714,143,546	694,315,588	692,986,511	673,158,553	740,553,546

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 TWO OF THE GRACE PERIOD

210-901-02/Center ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	203,091,667	0.7724	262,935,871	203,091,667
B - MULTIFAMILY	3,862,760	N/A	3,862,760	3,862,760
C1 - VACANT LOTS	5,470,160	N/A	5,470,160	5,470,160
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	19,738,718	1.1863	16,638,672	19,738,718
D2 - FARM & RANCH IMP	15,977,950	N/A	15,977,950	15,977,950
E - NON-AG LAND AND IMPROVEMENTS	119,668,156	0.8172	146,436,804	119,668,156
F1 - COMMERCIAL REAL	122,850,100	0.9547	128,679,271	122,850,100
F2 - INDUSTRIAL REAL	65,795,430	N/A	65,795,430	65,795,430
G - ALL MINERALS	47,484,580	1.0080	47,107,718	47,484,580
J - ALL UTILITIES	78,327,140	0.8997	87,059,175	78,327,140
L1 - COMMERCIAL PERSONAL	43,220,948	0.9863	43,821,300	43,220,948
L2 - INDUSTRIAL PERSONAL	71,600,390	N/A	71,600,390	71,600,390
M1 - MOBILE HOMES	19,294,670	N/A	19,294,670	19,294,670
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	32,760	N/A	32,760	32,760
S - SPECIAL INVENTORY	5,073,890	N/A	5,073,890	5,073,890
Subtotal	821,489,319		919,786,821	821,489,319
Less Total Deductions	127,173,731		153,698,613	127,173,731
Total Taxable Value	694,315,588		766,088,208	694,315,588

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
714,143,546	694,315,588	692,986,511	673,158,553	740,553,546

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
19,827,958	21,157,035	26,410,000

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
714,143,546	694,315,588	692,986,511	673,158,553	740,553,546

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