taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

183/Panola

183-902/Carthage ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 390,887,430 .8987 434,947,624 390,887,430
B. Multi-Family Residences 5,705,260 N/A 5,705,260 5,705,260
C1. Vacant Lots 13,961,160 N/A 13,961,160 13,961,160
C2. Colonia Lots 72,840 N/A 72,840 72,840
D1. Rural Real(Taxable) 36,099,880 .9315 38,753,005 36,099,880
D2. Real Prop Farm & Ranch 14,289,230 N/A 14,289,230 14,289,230
E. Real Prop NonQual Acres 159,100,530 .8504 187,089,052 159,100,530
F1. Commercial Real 99,478,410 N/A 99,478,410 99,478,410
F2. Industrial Real 18,695,060 N/A 18,695,060 18,695,060
G. Oil, Gas, Minerals 1,502,896,490 .9891 1,519,458,589 1,502,896,490
J. Utilities 644,281,530 .9615 670,079,594 644,281,530
L1. Commercial Personal 63,182,310 N/A 63,182,310 63,182,310
L2. Industrial Personal 510,448,810 N/A 510,448,810 510,448,810
M. Other Personal 23,940,020 N/A 23,940,020 23,940,020
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 156,930 N/A 156,930 156,930
S. Special Inventory 0 N/A 0 0
Subtotal 3,483,195,890 3,600,257,894 3,483,195,890
Less Total Deductions 200,166,068   219,217,705 200,166,068
Total Taxable Value 3,283,029,822 3,381,040,189 3,283,029,822 T2

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
3,324,674,232 3,283,029,822 3,282,484,512 3,240,840,102 3,289,878,506 3,247,688,786


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
41,644,410 42,189,720


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
3,324,674,232 3,283,029,822 3,282,484,512 3,240,840,102 3,289,878,506 3,247,688,786

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