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 1,245,142,580 0.9663 1,288,567,298 1,245,142,580
B - MULTIFAMILY 65,568,256 N/A 65,568,256 65,568,256
C1 - VACANT LOTS 27,434,320 N/A 27,434,320 27,434,320
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,789,980 1.2355 11,970,685 14,789,980
D2 - FARM & RANCH IMP 3,091,620 N/A 3,091,620 3,091,620
E - NON-AG LAND AND IMPROVEMENTS 542,658,670 0.9611 564,622,485 542,658,670
F1 - COMMERCIAL REAL 359,248,992 0.9113 394,215,946 359,248,992
F2 - INDUSTRIAL REAL 82,709,320 N/A 82,709,320 82,709,320
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 84,143,134 N/A 84,143,134 84,143,134
L1 - COMMERCIAL PERSONAL 242,019,293 0.9597 252,182,237 242,019,293
L2 - INDUSTRIAL PERSONAL 569,029,333 N/A 569,029,333 569,029,333
M1 - MOBILE HOMES 20,098,710 N/A 20,098,710 20,098,710
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 353,010 N/A 353,010 353,010
S - SPECIAL INVENTORY 15,090,329 N/A 15,090,329 15,090,329
Subtotal 3,271,377,547 0 3,379,076,683 3,271,377,547
Less Total Deductions 1,229,182,330 0 1,251,074,264 1,229,182,330
Total Taxable Value 2,042,195,217 0 2,128,002,419 2,042,195,217

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 2,299,730,282 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,042,195,217 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,299,730,282 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,042,195,217 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,380,325,282 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,434,055,282 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,978,364,928 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 2,539,949,622 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,282,414,557 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,539,949,622 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,282,414,557 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,620,544,622 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,674,274,622 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 2,218,584,268 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 257,535,065 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 80,595,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 53,730,000 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 1,245,142,580 0.9663 1,288,567,298 1,245,142,580
B - MULTIFAMILY 65,568,256 N/A 65,568,256 65,568,256
C1 - VACANT LOTS 27,434,320 N/A 27,434,320 27,434,320
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,789,980 1.2355 11,970,685 14,789,980
D2 - FARM & RANCH IMP 3,091,620 N/A 3,091,620 3,091,620
E - NON-AG LAND AND IMPROVEMENTS 542,658,670 0.9611 564,622,485 542,658,670
F1 - COMMERCIAL REAL 359,248,992 0.9113 394,215,946 359,248,992
F2 - INDUSTRIAL REAL 82,709,320 N/A 82,709,320 82,709,320
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 84,143,134 N/A 84,143,134 84,143,134
L1 - COMMERCIAL PERSONAL 242,019,293 0.9597 252,182,237 242,019,293
L2 - INDUSTRIAL PERSONAL 569,029,333 N/A 569,029,333 569,029,333
M1 - MOBILE HOMES 20,098,710 N/A 20,098,710 20,098,710
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 353,010 N/A 353,010 353,010
S - SPECIAL INVENTORY 15,090,329 N/A 15,090,329 15,090,329
Subtotal 3,271,377,547 3,379,076,683 3,271,377,547
Less Total Deductions 1,229,182,330 1,251,074,264 1,229,182,330
Total Taxable Value 2,042,195,217 2,128,002,419 2,042,195,217

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 2,299,730,282 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,042,195,217 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,299,730,282 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,042,195,217 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,380,325,282 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,434,055,282 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,978,364,928 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 2,539,949,622 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,282,414,557 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,539,949,622 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,282,414,557 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,620,544,622 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,674,274,622 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 2,218,584,268 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 257,535,065 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 80,595,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 53,730,000 Loss to the third most recent increase in the state-mandated homestead exemption

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