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 38,945,200 0.9297 41,890,072 38,945,200
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,651,560 N/A 1,651,560 1,651,560
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,100,370 1.2349 3,320,500 4,100,370
D2 - FARM & RANCH IMP 1,064,340 N/A 1,064,340 1,064,340
E - NON-AG LAND AND IMPROVEMENTS 114,336,160 0.9540 119,849,224 114,336,160
F1 - COMMERCIAL REAL 3,033,070 N/A 3,033,070 3,033,070
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 1,359,710 N/A 1,359,710 1,359,710
L2 - INDUSTRIAL PERSONAL 40,000 N/A 40,000 40,000
M1 - MOBILE HOMES 4,645,350 N/A 4,645,350 4,645,350
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 175,772,888 0 183,450,954 175,772,888
Less Total Deductions 74,703,675 0 78,763,979 74,703,675
Total Taxable Value 101,069,213 0 104,686,975 101,069,213

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 122,567,006 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 101,069,213 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 122,567,006 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 101,069,213 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 130,127,006 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 135,167,006 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 93,481,620 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 122,567,006 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 101,069,213 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 122,567,006 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 101,069,213 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 130,127,006 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 135,167,006 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 93,481,620 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 21,497,793 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 7,560,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 5,040,000 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 41,913,357 0.9344 44,858,229 41,913,357
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,651,560 N/A 1,651,560 1,651,560
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,293,877 1.2219 3,514,007 4,293,877
D2 - FARM & RANCH IMP 1,154,823 N/A 1,154,823 1,154,823
E - NON-AG LAND AND IMPROVEMENTS 119,201,145 0.9558 124,714,209 119,201,145
F1 - COMMERCIAL REAL 3,033,070 N/A 3,033,070 3,033,070
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 1,359,710 N/A 1,359,710 1,359,710
L2 - INDUSTRIAL PERSONAL 40,000 N/A 40,000 40,000
M1 - MOBILE HOMES 4,645,350 N/A 4,645,350 4,645,350
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 184,217,380 191,895,446 184,217,380
Less Total Deductions 77,146,056 81,206,360 77,146,056
Total Taxable Value 107,071,324 110,689,086 107,071,324

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 129,364,349 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 107,071,324 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 129,364,349 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 107,071,324 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 137,269,349 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 142,539,349 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 99,484,317 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 129,364,349 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 107,071,324 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 129,364,349 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 107,071,324 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 137,269,349 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 142,539,349 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 99,484,317 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 22,293,025 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 7,905,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 5,270,000 Loss to the third most recent increase in the state-mandated homestead exemption

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