taxes Property Tax Assistance

2021 ISD Summary Worksheet

080-Franklin /Franklin County

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 897,319,470 0.9239 971,230,079 971,230,079
B - MULTIFAMILY 3,906,060 N/A 3,906,060 3,906,060
C1 - VACANT LOTS 41,935,410 N/A 41,935,410 41,935,410
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,495,915 1.1417 12,696,728 12,696,728
D2 - FARM & RANCH IMP 23,755,500 N/A 23,755,500 23,755,500
E - NON-AG LAND AND IMPROVEMENTS 170,328,160 0.5985 284,591,746 284,591,746
F1 - COMMERCIAL REAL 51,237,643 N/A 51,237,643 51,237,643
F2 - INDUSTRIAL REAL 20,491,190 N/A 20,491,190 20,491,190
G - ALL MINERALS 2,687,160 N/A 2,687,160 2,687,160
J - ALL UTILITIES 60,926,270 N/A 60,926,270 60,926,270
L1 - COMMERCIAL PERSONAL 74,844,740 1.0036 74,576,265 74,576,265
L2 - INDUSTRIAL PERSONAL 20,814,130 N/A 20,814,130 20,814,130
M1 - MOBILE HOMES 5,383,420 N/A 5,383,420 5,383,420
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 227,090 N/A 227,090 227,090
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,388,352,158 0 1,574,458,691 1,574,458,691
Less Total Deductions 143,340,722 0 159,285,516 159,285,516
Total Taxable Value 1,245,011,436 0 1,415,173,175 1,415,173,175

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
1,436,336,410 1,415,173,175 1,436,336,410 1,415,173,175


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,163,235 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

Value Taxable For I & S Purposes

T7 T8 T9 T10
1,436,336,410 1,415,173,175 1,436,336,410 1,415,173,175

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

112-Hopkins /Hopkins County

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 163,560 N/A 163,560 163,560
D2 - FARM & RANCH IMP 18,490 N/A 18,490 18,490
E - NON-AG LAND AND IMPROVEMENTS 0 N/A 0 0
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 349,727 N/A 349,727 349,727
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
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 531,777 0 531,777 531,777
Less Total Deductions 1,895 0 1,895 1,895
Total Taxable Value 529,882 0 529,882 529,882

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
529,882 529,882 529,882 529,882


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

Value Taxable For I & S Purposes

T7 T8 T9 T10
529,882 529,882 529,882 529,882

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

080-901-02/Mount Vernon ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 897,319,470 0.9239 971,230,079 971,230,079
B - MULTIFAMILY 3,906,060 N/A 3,906,060 3,906,060
C1 - VACANT LOTS 41,935,410 N/A 41,935,410 41,935,410
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,659,475 1.1399 12,860,288 12,860,288
D2 - FARM & RANCH IMP 23,773,990 N/A 23,773,990 23,773,990
E - NON-AG LAND AND IMPROVEMENTS 170,328,160 0.5985 284,591,746 284,591,746
F1 - COMMERCIAL REAL 51,237,643 N/A 51,237,643 51,237,643
F2 - INDUSTRIAL REAL 20,491,190 N/A 20,491,190 20,491,190
G - ALL MINERALS 2,687,160 N/A 2,687,160 2,687,160
J - ALL UTILITIES 61,275,997 N/A 61,275,997 61,275,997
L1 - COMMERCIAL PERSONAL 74,844,740 1.0036 74,576,265 74,576,265
L2 - INDUSTRIAL PERSONAL 20,814,130 N/A 20,814,130 20,814,130
M1 - MOBILE HOMES 5,383,420 N/A 5,383,420 5,383,420
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 227,090 N/A 227,090 227,090
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,388,883,935 1,574,990,468 1,574,990,468
Less Total Deductions 143,342,617 159,287,411 159,287,411
Total Taxable Value 1,245,541,318 1,415,703,057 1,415,703,057

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
1,436,866,292 1,415,703,057 1,436,866,292 1,415,703,057


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
21,163,235 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

Value Taxable For I & S Purposes

T7 T8 T9 T10
1,436,866,292 1,415,703,057 1,436,866,292 1,415,703,057

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