taxes Property Tax Assistance

2020 ISD Summary Worksheet

210-Shelby /Shelby County

210-905/Timpson ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	38,082,630	N/A	38,082,630	38,082,630
B - MULTIFAMILY	498,370	N/A	498,370	498,370
C1 - VACANT LOTS	1,919,646	N/A	1,919,646	1,919,646
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,927,241	N/A	14,927,241	14,927,241
D2 - FARM & RANCH IMP	8,473,130	N/A	8,473,130	8,473,130
E - NON-AG LAND AND IMPROVEMENTS	58,933,880	N/A	58,933,880	58,933,880
F1 - COMMERCIAL REAL	8,101,789	N/A	8,101,789	8,101,789
F2 - INDUSTRIAL REAL	3,952,820	N/A	3,952,820	3,952,820
G - ALL MINERALS	4,282,110	N/A	4,282,110	4,282,110
J - ALL UTILITIES	20,048,190	N/A	20,048,190	20,048,190
L1 - COMMERCIAL PERSONAL	3,517,442	N/A	3,517,442	3,517,442
L2 - INDUSTRIAL PERSONAL	14,475,900	N/A	14,475,900	14,475,900
M1 - MOBILE HOMES	7,449,660	N/A	7,449,660	7,449,660
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	184,662,808	0	184,662,808	184,662,808
Less Total Deductions	38,624,355	0	38,624,355	38,624,355
Total Taxable Value	146,038,453	0	146,038,453	146,038,453

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
152,209,033	146,038,453	145,786,326	139,615,746

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,170,580	6,422,707

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
152,209,033	146,038,453	145,786,326	139,615,746

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

210-905-02/Timpson ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	38,082,630	N/A	38,082,630	38,082,630
B - MULTIFAMILY	498,370	N/A	498,370	498,370
C1 - VACANT LOTS	1,919,646	N/A	1,919,646	1,919,646
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,927,241	N/A	14,927,241	14,927,241
D2 - FARM & RANCH IMP	8,473,130	N/A	8,473,130	8,473,130
E - NON-AG LAND AND IMPROVEMENTS	58,933,880	N/A	58,933,880	58,933,880
F1 - COMMERCIAL REAL	8,101,789	N/A	8,101,789	8,101,789
F2 - INDUSTRIAL REAL	3,952,820	N/A	3,952,820	3,952,820
G - ALL MINERALS	4,282,110	N/A	4,282,110	4,282,110
J - ALL UTILITIES	20,048,190	N/A	20,048,190	20,048,190
L1 - COMMERCIAL PERSONAL	3,517,442	N/A	3,517,442	3,517,442
L2 - INDUSTRIAL PERSONAL	14,475,900	N/A	14,475,900	14,475,900
M1 - MOBILE HOMES	7,449,660	N/A	7,449,660	7,449,660
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	184,662,808		184,662,808	184,662,808
Less Total Deductions	38,624,355		38,624,355	38,624,355
Total Taxable Value	146,038,453		146,038,453	146,038,453

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
152,209,033	146,038,453	145,786,326	139,615,746

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,170,580	6,422,707

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
152,209,033	146,038,453	145,786,326	139,615,746

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