taxes Property Tax Assistance

2020 ISD Summary Worksheet

183-Panola /Panola County

201-910/Tatum ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 6,833,060 N/A 6,833,060 6,833,060
B - MULTIFAMILY 374,300 N/A 374,300 374,300
C1 - VACANT LOTS 1,214,120 N/A 1,214,120 1,214,120
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,304,339 N/A 1,304,339 1,304,339
D2 - FARM & RANCH IMP 217,450 N/A 217,450 217,450
E - NON-AG LAND AND IMPROVEMENTS 2,599,950 N/A 2,599,950 2,599,950
F1 - COMMERCIAL REAL 186,600 N/A 186,600 186,600
F2 - INDUSTRIAL REAL 15,495,920 N/A 15,495,920 15,495,920
G - ALL MINERALS 10,047,400 N/A 10,047,400 10,047,400
J - ALL UTILITIES 7,613,320 N/A 7,613,320 7,613,320
L1 - COMMERCIAL PERSONAL 445,518 N/A 445,518 445,518
L2 - INDUSTRIAL PERSONAL 10,471,440 N/A 10,471,440 10,471,440
M1 - MOBILE HOMES 426,320 N/A 426,320 426,320
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 57,229,737 0 57,229,737 57,229,737
Less Total Deductions 3,975,862 0 3,975,862 3,975,862
Total Taxable Value 53,253,875 0 53,253,875 53,253,875

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
53,749,425 53,253,875 53,118,320 52,622,770


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
495,550 631,105


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
53,749,425 53,253,875 53,118,320 52,622,770

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

201-Rusk /Rusk County

201-910/Tatum ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 220,305,320 0.9590 229,724,004 220,305,320
B - MULTIFAMILY 2,009,070 N/A 2,009,070 2,009,070
C1 - VACANT LOTS 15,656,540 N/A 15,656,540 15,656,540
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,843,579 1.1172 4,335,494 4,843,579
D2 - FARM & RANCH IMP 2,000,560 N/A 2,000,560 2,000,560
E - NON-AG LAND AND IMPROVEMENTS 39,519,720 N/A 39,519,720 39,519,720
F1 - COMMERCIAL REAL 11,834,560 N/A 11,834,560 11,834,560
F2 - INDUSTRIAL REAL 464,510,930 N/A 464,510,930 464,510,930
G - ALL MINERALS 48,276,810 0.9993 48,310,627 48,276,810
J - ALL UTILITIES 70,859,850 0.9486 74,699,399 70,859,850
L1 - COMMERCIAL PERSONAL 7,212,713 N/A 7,212,713 7,212,713
L2 - INDUSTRIAL PERSONAL 88,153,630 N/A 88,153,630 88,153,630
M1 - MOBILE HOMES 8,549,970 N/A 8,549,970 8,549,970
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 17,060 N/A 17,060 17,060
Subtotal 983,750,312 0 996,534,277 983,750,312
Less Total Deductions 178,248,293 0 181,574,628 178,248,293
Total Taxable Value 805,502,019 0 814,959,649 805,502,019

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
817,473,759 805,502,019 799,259,679 787,287,939


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,971,740 18,214,080


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
817,473,759 805,502,019 799,259,679 787,287,939

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

201-910-02/Tatum ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 227,138,380 0.9602 236,557,064 227,138,380
B - MULTIFAMILY 2,383,370 N/A 2,383,370 2,383,370
C1 - VACANT LOTS 16,870,660 N/A 16,870,660 16,870,660
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,147,918 1.0901 5,639,833 6,147,918
D2 - FARM & RANCH IMP 2,218,010 N/A 2,218,010 2,218,010
E - NON-AG LAND AND IMPROVEMENTS 42,119,670 N/A 42,119,670 42,119,670
F1 - COMMERCIAL REAL 12,021,160 N/A 12,021,160 12,021,160
F2 - INDUSTRIAL REAL 480,006,850 N/A 480,006,850 480,006,850
G - ALL MINERALS 58,324,210 0.9994 58,358,027 58,324,210
J - ALL UTILITIES 78,473,170 0.9534 82,312,719 78,473,170
L1 - COMMERCIAL PERSONAL 7,658,231 N/A 7,658,231 7,658,231
L2 - INDUSTRIAL PERSONAL 98,625,070 N/A 98,625,070 98,625,070
M1 - MOBILE HOMES 8,976,290 N/A 8,976,290 8,976,290
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 17,060 N/A 17,060 17,060
Subtotal 1,040,980,049 1,053,764,014 1,040,980,049
Less Total Deductions 182,224,155 185,550,490 182,224,155
Total Taxable Value 858,755,894 868,213,524 858,755,894

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
871,223,184 858,755,894 852,377,999 839,910,709


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,467,290 18,845,185


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
871,223,184 858,755,894 852,377,999 839,910,709

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