taxes Property Tax Assistance

2024 ISD Summary Worksheet

Spring Hill ISD (all splits)   Gregg County  

092-Gregg/Gregg County

092-907/Spring Hill ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 823,071,071 N/A 823,071,071 823,071,071
B - MULTIFAMILY 56,504,294 N/A 56,504,294 56,504,294
C1 - VACANT LOTS 7,431,708 N/A 7,431,708 7,431,708
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 200,963 N/A 200,963 200,963
D2 - FARM & RANCH IMP 135,210 N/A 135,210 135,210
E - NON-AG LAND AND IMPROVEMENTS 56,983,397 N/A 56,983,397 56,983,397
F1 - COMMERCIAL REAL 35,016,154 N/A 35,016,154 35,016,154
F2 - INDUSTRIAL REAL 238,830 N/A 238,830 238,830
G - ALL MINERALS 12,612,467 N/A 12,612,467 12,612,467
J - ALL UTILITIES 9,132,040 N/A 9,132,040 9,132,040
L1 - COMMERCIAL PERSONAL 12,739,160 N/A 12,739,160 12,739,160
L2 - INDUSTRIAL PERSONAL 4,569,310 N/A 4,569,310 4,569,310
M1 - MOBILE HOMES 1,564,420 N/A 1,564,420 1,564,420
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,345,050 N/A 5,345,050 5,345,050
S - SPECIAL INVENTORY 36,000 N/A 36,000 36,000
Subtotal 1,025,580,074 0 1,025,580,074 1,025,580,074
Less Total Deductions 371,502,006 0 371,502,006 371,502,006
Total Taxable Value 654,078,068 0 654,078,068 654,078,068

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's office 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 school 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 780,712,445 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 654,078,068 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 727,379,271 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 600,744,894 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 813,952,445 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 836,112,445 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 655,317,468 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 780,712,445 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 654,078,068 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 727,379,271 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 600,744,894 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 813,952,445 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 836,112,445 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 655,317,468 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 126,634,377 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 53,333,174 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 33,240,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 22,160,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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092-907-02/Spring Hill ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 823,071,071 N/A 823,071,071 823,071,071
B - MULTIFAMILY 56,504,294 N/A 56,504,294 56,504,294
C1 - VACANT LOTS 7,431,708 N/A 7,431,708 7,431,708
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 200,963 N/A 200,963 200,963
D2 - FARM & RANCH IMP 135,210 N/A 135,210 135,210
E - NON-AG LAND AND IMPROVEMENTS 56,983,397 N/A 56,983,397 56,983,397
F1 - COMMERCIAL REAL 35,016,154 N/A 35,016,154 35,016,154
F2 - INDUSTRIAL REAL 238,830 N/A 238,830 238,830
G - ALL MINERALS 12,612,467 N/A 12,612,467 12,612,467
J - ALL UTILITIES 9,132,040 N/A 9,132,040 9,132,040
L1 - COMMERCIAL PERSONAL 12,739,160 N/A 12,739,160 12,739,160
L2 - INDUSTRIAL PERSONAL 4,569,310 N/A 4,569,310 4,569,310
M1 - MOBILE HOMES 1,564,420 N/A 1,564,420 1,564,420
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,345,050 N/A 5,345,050 5,345,050
S - SPECIAL INVENTORY 36,000 N/A 36,000 36,000
Subtotal 1,025,580,074 1,025,580,074 1,025,580,074
Less Total Deductions 371,502,006 371,502,006 371,502,006
Total Taxable Value 654,078,068 654,078,068 654,078,068

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's office 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 school 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 780,712,445 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 654,078,068 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 727,379,271 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 600,744,894 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 813,952,445 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 836,112,445 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 655,317,468 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 780,712,445 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 654,078,068 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 727,379,271 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 600,744,894 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 813,952,445 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 836,112,445 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 655,317,468 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 126,634,377 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 53,333,174 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 33,240,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 22,160,000 Loss to the third most recent increase in the state-mandated homestead exemption

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