taxes Property Tax Assistance

2024 ISD Summary Worksheet

Joaquin ISD (all splits)   Panola County   Shelby County  

183-Panola/Panola County

210-902/Joaquin ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 4,093,920 N/A 4,093,920 4,093,920
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 985,380 N/A 985,380 985,380
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 536,237 N/A 536,237 536,237
D2 - FARM & RANCH IMP 387,240 N/A 387,240 387,240
E - NON-AG LAND AND IMPROVEMENTS 2,357,230 N/A 2,357,230 2,357,230
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 10,121,960 N/A 10,121,960 10,121,960
J - ALL UTILITIES 6,155,140 N/A 6,155,140 6,155,140
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 20,000 N/A 20,000 20,000
M1 - MOBILE HOMES 1,189,780 N/A 1,189,780 1,189,780
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 25,846,887 0 25,846,887 25,846,887
Less Total Deductions 4,744,958 0 4,744,958 4,744,958
Total Taxable Value 21,101,929 0 21,101,929 21,101,929

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 22,276,979 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 21,101,929 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 22,002,039 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 20,826,989 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 23,026,979 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 23,526,979 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 21,163,730 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 22,276,979 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 21,101,929 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 22,002,039 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 20,826,989 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 23,026,979 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 23,526,979 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 21,163,730 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 1,175,050 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 274,940 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 750,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 500,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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210-Shelby/Shelby County

210-902/Joaquin ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 81,620,632 0.7746 105,371,330 105,371,330
B - MULTIFAMILY 322,830 N/A 322,830 322,830
C1 - VACANT LOTS 3,395,208 N/A 3,395,208 3,395,208
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,976,229 1.4493 4,813,538 4,813,538
D2 - FARM & RANCH IMP 4,434,231 N/A 4,434,231 4,434,231
E - NON-AG LAND AND IMPROVEMENTS 78,849,715 0.9293 84,848,504 84,848,504
F1 - COMMERCIAL REAL 16,921,322 N/A 16,921,322 16,921,322
F2 - INDUSTRIAL REAL 36,543,675 N/A 36,543,675 36,543,675
G - ALL MINERALS 63,578,202 0.9977 63,724,769 63,724,769
J - ALL UTILITIES 55,000,910 0.9553 57,574,490 57,574,490
L1 - COMMERCIAL PERSONAL 8,833,873 N/A 8,833,873 8,833,873
L2 - INDUSTRIAL PERSONAL 22,084,840 N/A 22,084,840 22,084,840
M1 - MOBILE HOMES 10,300,600 N/A 10,300,600 10,300,600
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 66,800 N/A 66,800 66,800
Subtotal 388,929,067 0 419,236,010 419,236,010
Less Total Deductions 115,400,058 0 129,934,078 129,934,078
Total Taxable Value 273,529,009 0 289,301,932 289,301,932

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 317,271,609 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 289,301,932 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 309,539,281 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 281,569,604 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 332,526,609 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 342,696,609 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 296,692,264 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 317,271,609 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 289,301,932 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 309,539,281 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 281,569,604 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 332,526,609 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 342,696,609 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 296,692,264 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 27,969,677 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 7,732,328 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 15,255,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 10,170,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT WAS NOT VALID IN THE LAST TWO STUDIES.


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210-902-02/Joaquin ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 85,714,552 0.7830 109,465,250 109,465,250
B - MULTIFAMILY 322,830 N/A 322,830 322,830
C1 - VACANT LOTS 4,380,588 N/A 4,380,588 4,380,588
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,512,466 1.4043 5,349,775 5,349,775
D2 - FARM & RANCH IMP 4,821,471 N/A 4,821,471 4,821,471
E - NON-AG LAND AND IMPROVEMENTS 81,206,945 0.9312 87,205,734 87,205,734
F1 - COMMERCIAL REAL 16,921,322 N/A 16,921,322 16,921,322
F2 - INDUSTRIAL REAL 36,543,675 N/A 36,543,675 36,543,675
G - ALL MINERALS 73,700,162 0.9980 73,846,729 73,846,729
J - ALL UTILITIES 61,156,050 0.9596 63,729,630 63,729,630
L1 - COMMERCIAL PERSONAL 8,833,873 N/A 8,833,873 8,833,873
L2 - INDUSTRIAL PERSONAL 22,104,840 N/A 22,104,840 22,104,840
M1 - MOBILE HOMES 11,490,380 N/A 11,490,380 11,490,380
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 66,800 N/A 66,800 66,800
Subtotal 414,775,954 445,082,897 445,082,897
Less Total Deductions 120,145,016 134,679,036 134,679,036
Total Taxable Value 294,630,938 310,403,861 310,403,861

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 339,548,588 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 310,403,861 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 331,541,320 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 302,396,593 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 355,553,588 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 366,223,588 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 317,855,994 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 339,548,588 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 310,403,861 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 331,541,320 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 302,396,593 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 355,553,588 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 366,223,588 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 317,855,994 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 29,144,727 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 8,007,268 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 16,005,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 10,670,000 Loss to the third most recent increase in the state-mandated homestead exemption

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