taxes Property Tax Assistance

2016 ISD Summary Worksheet

092/Gregg

092-907/Spring Hill ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 486,245,737 N/A 486,245,737 486,245,737
B. Multi-Family Residences 27,207,620 N/A 27,207,620 27,207,620
C1. Vacant Lots 3,238,544 N/A 3,238,544 3,238,544
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 204,113 N/A 204,113 204,113
D2. Real Prop Farm & Ranch 105,140 N/A 105,140 105,140
E. Real Prop NonQual Acres 25,121,884 N/A 25,121,884 25,121,884
F1. Commercial Real 21,068,587 N/A 21,068,587 21,068,587
F2. Industrial Real 514,450 N/A 514,450 514,450
G. Oil, Gas, Minerals 5,238,730 N/A 5,238,730 5,238,730
J. Utilities 8,203,360 N/A 8,203,360 8,203,360
L1. Commercial Personal 13,686,633 N/A 13,686,633 13,686,633
L2. Industrial Personal 1,662,510 N/A 1,662,510 1,662,510
M. Other Personal 1,457,890 N/A 1,457,890 1,457,890
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,200,406 N/A 5,200,406 5,200,406
S. Special Inventory 28,350 N/A 28,350 28,350
Subtotal 599,183,954 599,183,954 599,183,954
Less Total Deductions 91,945,331   91,945,331 91,945,331
Total Taxable Value 507,238,623 507,238,623 507,238,623 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
526,422,483 507,238,623 495,088,550 475,904,690


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,183,860 31,333,933


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

Value Taxable For I&S Purposes

T7 T8 T9 T10
526,422,483 507,238,623 495,088,550 475,904,690

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

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