taxes Property Tax Assistance

2023 ISD Summary Worksheet

043-Collin/Collin County

043-911/Princeton ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,981,141,783 N/A 3,981,141,783 3,981,141,783
B - MULTIFAMILY 182,282,362 N/A 182,282,362 182,282,362
C1 - VACANT LOTS 87,342,193 N/A 87,342,193 87,342,193
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,637,526 N/A 1,637,526 1,637,526
D2 - FARM & RANCH IMP 3,121,546 N/A 3,121,546 3,121,546
E - NON-AG LAND AND IMPROVEMENTS 338,988,717 N/A 338,988,717 338,988,717
F1 - COMMERCIAL REAL 233,253,058 N/A 233,253,058 233,253,058
F2 - INDUSTRIAL REAL 2,649,924 N/A 2,649,924 2,649,924
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 59,352,713 N/A 59,352,713 59,352,713
L1 - COMMERCIAL PERSONAL 55,287,931 N/A 55,287,931 55,287,931
L2 - INDUSTRIAL PERSONAL 956,853 N/A 956,853 956,853
M1 - MOBILE HOMES 31,052,577 N/A 31,052,577 31,052,577
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 309,240,160 N/A 309,240,160 309,240,160
S - SPECIAL INVENTORY 329,683 N/A 329,683 329,683
Subtotal 5,286,637,026 0 5,286,637,026 5,286,637,026
Less Total Deductions 1,205,514,425 0 1,205,514,425 1,205,514,425
Total Taxable Value 4,081,122,601 0 4,081,122,601 4,081,122,601

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

Measure Value Description
T1 4,473,840,077 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,081,122,601 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 4,473,840,077 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,081,122,601 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,582,275,077 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 4,654,565,077 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 4,129,165,225 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 4,473,840,077 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,081,122,601 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 4,473,840,077 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,081,122,601 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,582,275,077 T13 plus the loss to the chapter 313 agreement
T16 4,654,565,077 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 4,129,165,225 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 392,717,476 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 108,435,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 72,290,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

043-911-02/Princeton ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,981,141,783 N/A 3,981,141,783 3,981,141,783
B - MULTIFAMILY 182,282,362 N/A 182,282,362 182,282,362
C1 - VACANT LOTS 87,342,193 N/A 87,342,193 87,342,193
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,637,526 N/A 1,637,526 1,637,526
D2 - FARM & RANCH IMP 3,121,546 N/A 3,121,546 3,121,546
E - NON-AG LAND AND IMPROVEMENTS 338,988,717 N/A 338,988,717 338,988,717
F1 - COMMERCIAL REAL 233,253,058 N/A 233,253,058 233,253,058
F2 - INDUSTRIAL REAL 2,649,924 N/A 2,649,924 2,649,924
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 59,352,713 N/A 59,352,713 59,352,713
L1 - COMMERCIAL PERSONAL 55,287,931 N/A 55,287,931 55,287,931
L2 - INDUSTRIAL PERSONAL 956,853 N/A 956,853 956,853
M1 - MOBILE HOMES 31,052,577 N/A 31,052,577 31,052,577
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 309,240,160 N/A 309,240,160 309,240,160
S - SPECIAL INVENTORY 329,683 N/A 329,683 329,683
Subtotal 5,286,637,026 5,286,637,026 5,286,637,026
Less Total Deductions 1,205,514,425 1,205,514,425 1,205,514,425
Total Taxable Value 4,081,122,601 4,081,122,601 4,081,122,601

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

Measure Value Description
T1 4,473,840,077 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,081,122,601 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 4,473,840,077 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,081,122,601 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,582,275,077 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 4,654,565,077 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 4,129,165,225 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 4,473,840,077 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,081,122,601 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 4,473,840,077 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,081,122,601 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,582,275,077 T13 plus the loss to the chapter 313 agreement
T16 4,654,565,077 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 4,129,165,225 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 392,717,476 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 108,435,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 72,290,000 Loss to Second Previous Homestead Increase