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 892,510,920 0.9947 897,266,432 892,510,920
B - MULTIFAMILY 6,057,288 N/A 6,057,288 6,057,288
C1 - VACANT LOTS 69,400,850 N/A 69,400,850 69,400,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 43,660,274 1.2235 35,685,534 43,660,274
D2 - FARM & RANCH IMP 25,163,100 N/A 25,163,100 25,163,100
E - NON-AG LAND AND IMPROVEMENTS 175,263,870 N/A 175,263,870 175,263,870
F1 - COMMERCIAL REAL 170,476,127 N/A 170,476,127 170,476,127
F2 - INDUSTRIAL REAL 20,047,240 N/A 20,047,240 20,047,240
G - ALL MINERALS 1,288,484,090 0.9990 1,289,773,864 1,288,484,090
J - ALL UTILITIES 1,002,015,330 0.9183 1,091,163,378 1,002,015,330
L1 - COMMERCIAL PERSONAL 66,177,220 N/A 66,177,220 66,177,220
L2 - INDUSTRIAL PERSONAL 437,587,180 N/A 437,587,180 437,587,180
M1 - MOBILE HOMES 62,543,570 N/A 62,543,570 62,543,570
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 4,267,592,209 0 4,354,810,803 4,267,592,209
Less Total Deductions 952,877,187 0 954,223,374 952,877,187
Total Taxable Value 3,314,715,022 0 3,400,587,429 3,314,715,022

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 3,417,928,382 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,314,715,022 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 3,375,931,127 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,272,717,767 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,629,752,179 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 3,693,631,229 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 3,314,715,022 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 3,738,805,065 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 3,354,967,396 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 3,499,438,202 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,396,224,842 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 3,457,440,947 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,354,227,587 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,711,261,999 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 3,775,141,049 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 3,396,224,842 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 3,820,314,885 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 3,436,477,216 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 103,213,360 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 41,997,255 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 211,823,797 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 63,879,050 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 45,173,836 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 40,252,374 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 892,510,920 0.9947 897,266,432 892,510,920
B - MULTIFAMILY 6,057,288 N/A 6,057,288 6,057,288
C1 - VACANT LOTS 69,400,850 N/A 69,400,850 69,400,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 43,660,274 1.2235 35,685,534 43,660,274
D2 - FARM & RANCH IMP 25,163,100 N/A 25,163,100 25,163,100
E - NON-AG LAND AND IMPROVEMENTS 175,263,870 N/A 175,263,870 175,263,870
F1 - COMMERCIAL REAL 170,476,127 N/A 170,476,127 170,476,127
F2 - INDUSTRIAL REAL 20,047,240 N/A 20,047,240 20,047,240
G - ALL MINERALS 1,288,484,090 0.9990 1,289,773,864 1,288,484,090
J - ALL UTILITIES 1,002,015,330 0.9183 1,091,163,378 1,002,015,330
L1 - COMMERCIAL PERSONAL 66,177,220 N/A 66,177,220 66,177,220
L2 - INDUSTRIAL PERSONAL 437,587,180 N/A 437,587,180 437,587,180
M1 - MOBILE HOMES 62,543,570 N/A 62,543,570 62,543,570
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 4,267,592,209 4,354,810,803 4,267,592,209
Less Total Deductions 952,877,187 954,223,374 952,877,187
Total Taxable Value 3,314,715,022 3,400,587,429 3,314,715,022

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 3,417,928,382 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,314,715,022 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 3,375,931,127 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,272,717,767 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,629,752,179 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 3,693,631,229 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 3,314,715,022 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 3,738,805,065 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 3,354,967,396 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 3,499,438,202 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,396,224,842 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 3,457,440,947 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,354,227,587 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,711,261,999 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 3,775,141,049 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 3,396,224,842 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 3,820,314,885 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 3,436,477,216 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 103,213,360 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 41,997,255 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 211,823,797 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 63,879,050 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 45,173,836 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 40,252,374 Loss to the increase in the Over-65/Disabled Homestead

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