taxes Property Tax Assistance

2025 ISD Summary Worksheet

Carthage ISD (all splits)   Panola County  

183-Panola/Panola County

183-902/Carthage ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 893,258,660 0.9947 898,018,156 893,258,660
B - MULTIFAMILY 6,224,612 N/A 6,224,612 6,224,612
C1 - VACANT LOTS 69,648,780 N/A 69,648,780 69,648,780
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 43,698,390 1.2236 35,712,861 43,698,390
D2 - FARM & RANCH IMP 25,038,190 N/A 25,038,190 25,038,190
E - NON-AG LAND AND IMPROVEMENTS 175,213,630 N/A 175,213,630 175,213,630
F1 - COMMERCIAL REAL 169,896,903 N/A 169,896,903 169,896,903
F2 - INDUSTRIAL REAL 20,047,240 N/A 20,047,240 20,047,240
G - ALL MINERALS 1,304,906,220 0.9990 1,306,212,432 1,304,906,220
J - ALL UTILITIES 1,001,631,690 0.9633 1,039,792,059 1,001,631,690
L1 - COMMERCIAL PERSONAL 65,342,240 N/A 65,342,240 65,342,240
L2 - INDUSTRIAL PERSONAL 437,588,900 N/A 437,588,900 437,588,900
M1 - MOBILE HOMES 62,500,680 N/A 62,500,680 62,500,680
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 291,870 N/A 291,870 291,870
S - SPECIAL INVENTORY 7,913,280 N/A 7,913,280 7,913,280
Subtotal 4,283,201,285 0 4,319,441,833 4,283,201,285
Less Total Deductions 985,954,686 0 987,433,532 985,954,686
Total Taxable Value 3,297,246,599 0 3,332,008,301 3,297,246,599

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 3,403,266,611 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,297,246,599 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 3,360,105,011 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,254,084,999 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,620,850,475 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 3,686,466,570 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 3,314,767,729 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
T19 3,732,868,806 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 3,337,986,277 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 3,484,776,431 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,378,756,419 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 3,441,614,831 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,335,594,819 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,702,360,295 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 3,767,976,390 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 3,396,277,549 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
T20 3,814,378,626 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 3,419,496,097 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 106,020,012 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 43,161,600 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 217,583,864 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 65,616,095 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 46,402,236 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 40,739,678 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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183-902-02/Carthage ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 893,258,660 0.9947 898,018,156 893,258,660
B - MULTIFAMILY 6,224,612 N/A 6,224,612 6,224,612
C1 - VACANT LOTS 69,648,780 N/A 69,648,780 69,648,780
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 43,698,390 1.2236 35,712,861 43,698,390
D2 - FARM & RANCH IMP 25,038,190 N/A 25,038,190 25,038,190
E - NON-AG LAND AND IMPROVEMENTS 175,213,630 N/A 175,213,630 175,213,630
F1 - COMMERCIAL REAL 169,896,903 N/A 169,896,903 169,896,903
F2 - INDUSTRIAL REAL 20,047,240 N/A 20,047,240 20,047,240
G - ALL MINERALS 1,304,906,220 0.9990 1,306,212,432 1,304,906,220
J - ALL UTILITIES 1,001,631,690 0.9633 1,039,792,059 1,001,631,690
L1 - COMMERCIAL PERSONAL 65,342,240 N/A 65,342,240 65,342,240
L2 - INDUSTRIAL PERSONAL 437,588,900 N/A 437,588,900 437,588,900
M1 - MOBILE HOMES 62,500,680 N/A 62,500,680 62,500,680
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 291,870 N/A 291,870 291,870
S - SPECIAL INVENTORY 7,913,280 N/A 7,913,280 7,913,280
Subtotal 4,283,201,285 4,319,441,833 4,283,201,285
Less Total Deductions 985,954,686 987,433,532 985,954,686
Total Taxable Value 3,297,246,599 3,332,008,301 3,297,246,599

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 3,403,266,611 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,297,246,599 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 3,360,105,011 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,254,084,999 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,620,850,475 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 3,686,466,570 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 3,314,767,729 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
T19 3,732,868,806 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 3,337,986,277 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 3,484,776,431 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,378,756,419 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 3,441,614,831 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,335,594,819 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,702,360,295 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 3,767,976,390 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 3,396,277,549 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
T20 3,814,378,626 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 3,419,496,097 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 106,020,012 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 43,161,600 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 217,583,864 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 65,616,095 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 46,402,236 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 40,739,678 Loss to the increase in the Over-65/Disabled Homestead

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