taxes Property Tax Assistance

2024 Deduction Detail

210-Shelby Shelby County

210-905/Timpson ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 67,982,763 67,982,763 67,982,763
Homestead - State-Mandated Over-65 or Disabled $10,000 1,456,878 1,456,878 1,456,878
Homestead - 100% Disabled or Unemployable Veterans 1,937,129 1,937,129 1,937,129
Homestead - Disabled Veterans and Surviving Spouse 212,241 212,241 212,241
Homestead - Over-65 or Disabled Freeze Loss 6,571,613 14,982,693 14,982,693
Homestead - 10% Appraisal Cap Loss 16,235,686 19,828,635 19,828,635
Freeport 0 0 0
Pollution Control 0 0 0
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 47,444 47,444 47,444
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 2,953,891 2,953,891 2,953,891
JETI Agreements 0 0 0

210-905/Timpson ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 67,982,763 67,982,763 67,982,763
Homestead - State-Mandated Over-65 or Disabled $10,000 1,456,878 1,456,878 1,456,878
Homestead - 100% Disabled or Unemployable Veterans 1,937,129 1,937,129 1,937,129
Homestead - Disabled Veterans and Surviving Spouse 212,241 212,241 212,241
Homestead - Over-65 or Disabled Freeze Loss 6,571,613 14,982,693 14,982,693
Homestead - 10% Appraisal Cap Loss 16,235,686 19,828,635 19,828,635
Freeport 0 0 0
Pollution Control 0 0 0
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 47,444 47,444 47,444
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 2,953,891 2,953,891 2,953,891
JETI Agreements 0 0 0
Total Deductions Allowed in PVS 97,397,645 109,401,674 109,401,674