taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

112/Hopkins

112-901/Sulphur Springs ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 518,838,310 .9841 527,221,126 518,838,310
B. Multi-Family Residences 9,711,150 N/A 9,711,150 9,711,150
C. Vacant Lots 13,672,900 N/A 13,672,900 13,672,900
D. Rural Real(Taxable) 218,379,950 .9767 223,584,681 218,379,950
F1. Commercial Real 187,352,040 .9065 206,676,271 187,352,040
F2. Industrial Real 34,765,620 N/A 34,765,620 34,765,620
G. Oil, Gas, Minerals 504,878 N/A 504,878 504,878
J. Utilities 42,269,514 N/A 42,269,514 42,269,514
L1. Commercial Personal 116,519,400 .9617 121,159,821 116,519,400
L2. Industrial Personal 148,295,474 N/A 148,295,474 148,295,474
M. Other Personal 8,204,390 N/A 8,204,390 8,204,390
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 921,160 N/A 921,160 921,160
S. Special Inventory 5,716,760 N/A 5,716,760 5,716,760
Subtotal 1,305,151,546 1,342,703,745 1,305,151,546
Less Total Deductions 199,929,473   202,993,561 199,929,473
Total Taxable Value 1,105,222,073 1,139,710,184 1,105,222,073 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 203,749,810 .9564 213,038,279
Prod Value Qualified Acres 14,630,140 1.3872 10,546,402
Taxable Value 218,379,950   223,584,681

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
1,156,694,161 1,105,222,073 1,156,694,161 1,105,222,073 1,115,024,055 1,115,024,055


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
51,472,088 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
1,156,694,161 1,105,222,073 1,156,694,161 1,105,222,073 1,115,024,055 1,115,024,055

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified