taxes Property Tax Assistance

2024 ISD Summary Worksheet

Miller Grove ISD (all splits)   Hopkins County   Rains County  

112-Hopkins/Hopkins County

112-907/Miller Grove ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 38,892,910 0.9297 41,833,828 38,892,910
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,648,560 N/A 1,648,560 1,648,560
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,100,740 1.2348 3,320,857 4,100,740
D2 - FARM & RANCH IMP 1,759,280 N/A 1,759,280 1,759,280
E - NON-AG LAND AND IMPROVEMENTS 114,289,820 0.9540 119,800,650 114,289,820
F1 - COMMERCIAL REAL 2,612,390 N/A 2,612,390 2,612,390
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 6,597,128 N/A 6,597,128 6,597,128
L1 - COMMERCIAL PERSONAL 1,380,150 N/A 1,380,150 1,380,150
L2 - INDUSTRIAL PERSONAL 40,000 N/A 40,000 40,000
M1 - MOBILE HOMES 4,654,340 N/A 4,654,340 4,654,340
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 175,975,318 0 183,647,183 175,975,318
Less Total Deductions 75,761,964 0 79,974,321 75,761,964
Total Taxable Value 100,213,354 0 103,672,862 100,213,354

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 121,972,508 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 100,213,354 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 121,972,508 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 100,213,354 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 129,637,508 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 134,747,508 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 106,848,255 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 121,972,508 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 100,213,354 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 121,972,508 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 100,213,354 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 129,637,508 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 134,747,508 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 106,848,255 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 21,759,154 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 7,665,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 5,110,000 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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190-Rains/Rains County

112-907/Miller Grove ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 2,968,157 N/A 2,968,157 2,968,157
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 193,507 N/A 193,507 193,507
D2 - FARM & RANCH IMP 90,483 N/A 90,483 90,483
E - NON-AG LAND AND IMPROVEMENTS 4,864,985 N/A 4,864,985 4,864,985
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 327,360 N/A 327,360 327,360
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
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 8,444,492 0 8,444,492 8,444,492
Less Total Deductions 2,442,381 0 2,442,381 2,442,381
Total Taxable Value 6,002,111 0 6,002,111 6,002,111

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 6,797,343 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,002,111 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 6,797,343 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,002,111 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 7,142,343 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 7,372,343 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 6,002,697 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 6,797,343 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,002,111 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 6,797,343 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,002,111 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 7,142,343 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 7,372,343 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 6,002,697 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 795,232 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 345,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 230,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS 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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112-907-02/Miller Grove ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 41,861,067 0.9344 44,801,985 41,861,067
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,648,560 N/A 1,648,560 1,648,560
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,294,247 1.2219 3,514,364 4,294,247
D2 - FARM & RANCH IMP 1,849,763 N/A 1,849,763 1,849,763
E - NON-AG LAND AND IMPROVEMENTS 119,154,805 0.9558 124,665,635 119,154,805
F1 - COMMERCIAL REAL 2,612,390 N/A 2,612,390 2,612,390
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 6,924,488 N/A 6,924,488 6,924,488
L1 - COMMERCIAL PERSONAL 1,380,150 N/A 1,380,150 1,380,150
L2 - INDUSTRIAL PERSONAL 40,000 N/A 40,000 40,000
M1 - MOBILE HOMES 4,654,340 N/A 4,654,340 4,654,340
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 184,419,810 192,091,675 184,419,810
Less Total Deductions 78,204,345 82,416,702 78,204,345
Total Taxable Value 106,215,465 109,674,973 106,215,465

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 128,769,851 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 106,215,465 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 128,769,851 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 106,215,465 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 136,779,851 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 142,119,851 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 112,850,952 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 128,769,851 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 106,215,465 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 128,769,851 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 106,215,465 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 136,779,851 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 142,119,851 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 112,850,952 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 22,554,386 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 8,010,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 5,340,000 Loss to the third most recent increase in the state-mandated homestead exemption

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