taxes Property Tax Assistance

2024 Deduction Detail

080-Franklin Franklin County

080-901/Mount Vernon ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 230,510,660 230,510,660 230,510,660
Homestead - State-Mandated Over-65 or Disabled $10,000 9,845,240 9,845,240 9,845,240
Homestead - 100% Disabled or Unemployable Veterans 9,808,320 9,808,320 9,808,320
Homestead - Disabled Veterans and Surviving Spouse 755,400 755,400 755,400
Homestead - Over-65 or Disabled Freeze Loss 114,346,649 122,774,688 114,346,649
Homestead - 10% Appraisal Cap Loss 151,178,937 156,112,079 151,178,937
Freeport 0 0 0
Pollution Control 2,582,160 2,582,160 2,582,160
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 276,220 276,220 276,220
Deferred Taxes 9,054 9,054 9,054
Prorations 94,490 94,490 94,490
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 778,240 778,240 778,240
Homestead - Surviving Spouse Service Member KIA 90,670 90,670 90,670
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 67,471,040 67,471,040 67,471,040
JETI Agreements 0 0 0

112-Hopkins Hopkins County

080-901/Mount Vernon ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 0 0 0
Homestead - State-Mandated Over-65 or Disabled $10,000 0 0 0
Homestead - 100% Disabled or Unemployable Veterans 0 0 0
Homestead - Disabled Veterans and Surviving Spouse 0 0 0
Homestead - Over-65 or Disabled Freeze Loss 0 0 0
Homestead - 10% Appraisal Cap Loss 0 0 0
Freeport 0 0 0
Pollution Control 21,631 21,631 21,631
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 0 0 0
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 0 0 0
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 0 0 0
JETI Agreements 0 0 0

080-901/Mount Vernon ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 230,510,660 230,510,660 230,510,660
Homestead - State-Mandated Over-65 or Disabled $10,000 9,845,240 9,845,240 9,845,240
Homestead - 100% Disabled or Unemployable Veterans 9,808,320 9,808,320 9,808,320
Homestead - Disabled Veterans and Surviving Spouse 755,400 755,400 755,400
Homestead - Over-65 or Disabled Freeze Loss 114,346,649 122,774,688 114,346,649
Homestead - 10% Appraisal Cap Loss 151,178,937 156,112,079 151,178,937
Freeport 0 0 0
Pollution Control 2,603,791 2,603,791 2,603,791
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 276,220 276,220 276,220
Deferred Taxes 9,054 9,054 9,054
Prorations 94,490 94,490 94,490
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 778,240 778,240 778,240
Homestead - Surviving Spouse Service Member KIA 90,670 90,670 90,670
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Medical or Biomedical 0 0 0
Loss to Non-Homestead Cap 67,471,040 67,471,040 67,471,040
JETI Agreements 0 0 0
Total Deductions Allowed in PVS 587,768,711 601,129,892 587,768,711