taxes Property Tax Assistance

2023 ISD Summary Worksheet

Joaquin ISD (all splits)   Panola County   Shelby County  

183-Panola/Panola County

210-902/Joaquin ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,104,300 N/A 3,104,300 3,104,300
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,074,950 N/A 1,074,950 1,074,950
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 546,651 N/A 546,651 546,651
D2 - FARM & RANCH IMP 387,820 N/A 387,820 387,820
E - NON-AG LAND AND IMPROVEMENTS 1,822,310 N/A 1,822,310 1,822,310
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 25,856,170 N/A 25,856,170 25,856,170
J - ALL UTILITIES 5,680,640 N/A 5,680,640 5,680,640
L1 - COMMERCIAL PERSONAL 23,960 N/A 23,960 23,960
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 528,160 N/A 528,160 528,160
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 39,024,961 0 39,024,961 39,024,961
Less Total Deductions 3,191,635 0 3,191,635 3,191,635
Total Taxable Value 35,833,326 0 35,833,326 35,833,326

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

Measure Value Description
T1 36,848,106 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 35,833,326 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 36,623,661 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 35,608,881 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 37,583,106 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 38,073,106 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 35,903,311 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 36,848,106 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 35,833,326 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 36,623,661 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 35,608,881 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 37,583,106 T13 plus the loss to the chapter 313 agreement
T16 38,073,106 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 35,903,311 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,014,780 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 224,445 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 735,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 490,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED


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210-Shelby/Shelby County

210-902/Joaquin ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 73,189,023 0.8365 87,494,349 87,494,349
B - MULTIFAMILY 299,190 N/A 299,190 299,190
C1 - VACANT LOTS 3,400,152 N/A 3,400,152 3,400,152
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,035,887 1.4428 4,876,473 4,876,473
D2 - FARM & RANCH IMP 4,463,848 N/A 4,463,848 4,463,848
E - NON-AG LAND AND IMPROVEMENTS 69,590,052 0.8612 80,805,913 80,805,913
F1 - COMMERCIAL REAL 15,478,172 1.0002 15,475,077 15,475,077
F2 - INDUSTRIAL REAL 5,654,180 N/A 5,654,180 5,654,180
G - ALL MINERALS 91,542,108 1.0021 91,350,272 91,350,272
J - ALL UTILITIES 92,971,080 0.9539 97,464,179 97,464,179
L1 - COMMERCIAL PERSONAL 8,183,090 N/A 8,183,090 8,183,090
L2 - INDUSTRIAL PERSONAL 16,032,990 N/A 16,032,990 16,032,990
M1 - MOBILE HOMES 9,170,140 N/A 9,170,140 9,170,140
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 16,930 N/A 16,930 16,930
Subtotal 397,026,842 0 424,686,783 424,686,783
Less Total Deductions 108,813,300 0 118,090,463 118,090,463
Total Taxable Value 288,213,542 0 306,596,320 306,596,320

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

Measure Value Description
T1 331,589,181 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 306,596,320 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 325,148,533 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 300,155,672 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 347,039,181 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 357,339,181 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 307,770,900 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 331,589,181 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 306,596,320 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 325,148,533 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 300,155,672 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 347,039,181 T13 plus the loss to the chapter 313 agreement
T16 357,339,181 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 307,770,900 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 24,992,861 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 6,440,648 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 15,450,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 10,300,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE


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210-902-02/Joaquin ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 76,293,323 0.8421 90,598,649 90,598,649
B - MULTIFAMILY 299,190 N/A 299,190 299,190
C1 - VACANT LOTS 4,475,102 N/A 4,475,102 4,475,102
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,582,538 1.3982 5,423,124 5,423,124
D2 - FARM & RANCH IMP 4,851,668 N/A 4,851,668 4,851,668
E - NON-AG LAND AND IMPROVEMENTS 71,412,362 0.8643 82,628,223 82,628,223
F1 - COMMERCIAL REAL 15,478,172 1.0002 15,475,077 15,475,077
F2 - INDUSTRIAL REAL 5,654,180 N/A 5,654,180 5,654,180
G - ALL MINERALS 117,398,278 1.0016 117,206,442 117,206,442
J - ALL UTILITIES 98,651,720 0.9564 103,144,819 103,144,819
L1 - COMMERCIAL PERSONAL 8,207,050 N/A 8,207,050 8,207,050
L2 - INDUSTRIAL PERSONAL 16,032,990 N/A 16,032,990 16,032,990
M1 - MOBILE HOMES 9,698,300 N/A 9,698,300 9,698,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 16,930 N/A 16,930 16,930
Subtotal 436,051,803 463,711,744 463,711,744
Less Total Deductions 112,004,935 121,282,098 121,282,098
Total Taxable Value 324,046,868 342,429,646 342,429,646

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

Measure Value Description
T1 368,437,287 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 342,429,646 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 361,772,194 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 335,764,553 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 384,622,287 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 395,412,287 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 343,674,211 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 368,437,287 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 342,429,646 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 361,772,194 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 335,764,553 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 384,622,287 T13 plus the loss to the chapter 313 agreement
T16 395,412,287 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 343,674,211 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 26,007,641 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 6,665,093 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 16,185,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 10,790,000 Loss to Second Previous Homestead Increase

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