taxes Property Tax Assistance

2024 ISD Summary Worksheet

Sulphur Springs ISD (all splits)   Hopkins County  

112-Hopkins/Hopkins County

112-901/Sulphur Springs ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,243,482,230 0.9663 1,286,849,043 1,243,482,230
B - MULTIFAMILY 57,970,498 N/A 57,970,498 57,970,498
C1 - VACANT LOTS 27,802,480 N/A 27,802,480 27,802,480
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,782,800 1.2355 11,964,858 14,782,800
D2 - FARM & RANCH IMP 9,318,600 N/A 9,318,600 9,318,600
E - NON-AG LAND AND IMPROVEMENTS 541,581,200 0.9611 563,501,405 541,581,200
F1 - COMMERCIAL REAL 357,902,978 0.9113 392,738,920 357,902,978
F2 - INDUSTRIAL REAL 80,201,950 N/A 80,201,950 80,201,950
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 84,145,087 N/A 84,145,087 84,145,087
L1 - COMMERCIAL PERSONAL 239,727,552 0.9597 249,794,261 239,727,552
L2 - INDUSTRIAL PERSONAL 569,029,393 N/A 569,029,393 569,029,393
M1 - MOBILE HOMES 20,236,200 N/A 20,236,200 20,236,200
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 337,550 N/A 337,550 337,550
S - SPECIAL INVENTORY 15,079,558 N/A 15,079,558 15,079,558
Subtotal 3,261,598,076 0 3,368,969,803 3,261,598,076
Less Total Deductions 1,237,606,897 0 1,259,871,986 1,237,606,897
Total Taxable Value 2,023,991,179 0 2,109,097,817 2,023,991,179

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 2,285,563,023 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,023,991,179 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,285,563,023 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,023,991,179 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,367,733,023 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,422,513,023 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 2,103,663,595 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 2,525,782,363 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,264,210,519 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,525,782,363 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,264,210,519 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,607,952,363 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,662,732,363 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 2,343,882,935 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 261,571,844 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 82,170,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 54,780,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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112-901-02/Sulphur Springs ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,243,482,230 0.9663 1,286,849,043 1,243,482,230
B - MULTIFAMILY 57,970,498 N/A 57,970,498 57,970,498
C1 - VACANT LOTS 27,802,480 N/A 27,802,480 27,802,480
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,782,800 1.2355 11,964,858 14,782,800
D2 - FARM & RANCH IMP 9,318,600 N/A 9,318,600 9,318,600
E - NON-AG LAND AND IMPROVEMENTS 541,581,200 0.9611 563,501,405 541,581,200
F1 - COMMERCIAL REAL 357,902,978 0.9113 392,738,920 357,902,978
F2 - INDUSTRIAL REAL 80,201,950 N/A 80,201,950 80,201,950
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 84,145,087 N/A 84,145,087 84,145,087
L1 - COMMERCIAL PERSONAL 239,727,552 0.9597 249,794,261 239,727,552
L2 - INDUSTRIAL PERSONAL 569,029,393 N/A 569,029,393 569,029,393
M1 - MOBILE HOMES 20,236,200 N/A 20,236,200 20,236,200
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 337,550 N/A 337,550 337,550
S - SPECIAL INVENTORY 15,079,558 N/A 15,079,558 15,079,558
Subtotal 3,261,598,076 3,368,969,803 3,261,598,076
Less Total Deductions 1,237,606,897 1,259,871,986 1,237,606,897
Total Taxable Value 2,023,991,179 2,109,097,817 2,023,991,179

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 2,285,563,023 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,023,991,179 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,285,563,023 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,023,991,179 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,367,733,023 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,422,513,023 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 2,103,663,595 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 2,525,782,363 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,264,210,519 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,525,782,363 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,264,210,519 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,607,952,363 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,662,732,363 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 2,343,882,935 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 261,571,844 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 82,170,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 54,780,000 Loss to the third most recent increase in the state-mandated homestead exemption

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