taxes Property Tax Assistance

2023 ISD Summary Worksheet

225-Titus/Titus County

225-902/Mount Pleasant ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,049,971,787 0.9938 1,056,522,225 1,049,971,787
B - MULTIFAMILY 52,450,672 N/A 52,450,672 52,450,672
C1 - VACANT LOTS 53,287,049 N/A 53,287,049 53,287,049
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,014,821 0.9643 13,496,414 13,014,821
D2 - FARM & RANCH IMP 13,068,255 N/A 13,068,255 13,068,255
E - NON-AG LAND AND IMPROVEMENTS 483,937,321 0.9276 521,709,057 483,937,321
F1 - COMMERCIAL REAL 373,305,488 0.9530 391,716,147 373,305,488
F2 - INDUSTRIAL REAL 145,285,285 N/A 145,285,285 145,285,285
G - ALL MINERALS 1,143,503 N/A 1,143,503 1,143,503
J - ALL UTILITIES 108,217,468 N/A 108,217,468 108,217,468
L1 - COMMERCIAL PERSONAL 132,067,016 1.0313 128,058,776 132,067,016
L2 - INDUSTRIAL PERSONAL 429,459,578 N/A 429,459,578 429,459,578
M1 - MOBILE HOMES 33,275,809 N/A 33,275,809 33,275,809
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 629,206 N/A 629,206 629,206
S - SPECIAL INVENTORY 18,366,847 N/A 18,366,847 18,366,847
Subtotal 2,907,480,105 0 2,966,686,291 2,907,480,105
Less Total Deductions 888,512,821 0 892,031,721 888,512,821
Total Taxable Value 2,018,967,284 0 2,074,654,570 2,018,967,284

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 2,238,399,318 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,018,967,284 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 2,164,150,410 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,944,718,376 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,311,584,318 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,360,374,318 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,110,944,048 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 2,238,399,318 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,018,967,284 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 2,164,150,410 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,944,718,376 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,311,584,318 T13 plus the loss to the chapter 313 agreement
T16 2,360,374,318 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,110,944,048 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 219,432,034 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 74,248,908 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 73,185,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 48,790,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

225-902-02/Mount Pleasant ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,049,971,787 0.9938 1,056,522,225 1,049,971,787
B - MULTIFAMILY 52,450,672 N/A 52,450,672 52,450,672
C1 - VACANT LOTS 53,287,049 N/A 53,287,049 53,287,049
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,014,821 0.9643 13,496,414 13,014,821
D2 - FARM & RANCH IMP 13,068,255 N/A 13,068,255 13,068,255
E - NON-AG LAND AND IMPROVEMENTS 483,937,321 0.9276 521,709,057 483,937,321
F1 - COMMERCIAL REAL 373,305,488 0.9530 391,716,147 373,305,488
F2 - INDUSTRIAL REAL 145,285,285 N/A 145,285,285 145,285,285
G - ALL MINERALS 1,143,503 N/A 1,143,503 1,143,503
J - ALL UTILITIES 108,217,468 N/A 108,217,468 108,217,468
L1 - COMMERCIAL PERSONAL 132,067,016 1.0313 128,058,776 132,067,016
L2 - INDUSTRIAL PERSONAL 429,459,578 N/A 429,459,578 429,459,578
M1 - MOBILE HOMES 33,275,809 N/A 33,275,809 33,275,809
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 629,206 N/A 629,206 629,206
S - SPECIAL INVENTORY 18,366,847 N/A 18,366,847 18,366,847
Subtotal 2,907,480,105 2,966,686,291 2,907,480,105
Less Total Deductions 888,512,821 892,031,721 888,512,821
Total Taxable Value 2,018,967,284 2,074,654,570 2,018,967,284

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 2,238,399,318 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,018,967,284 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 2,164,150,410 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,944,718,376 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,311,584,318 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,360,374,318 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,110,944,048 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 2,238,399,318 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,018,967,284 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 2,164,150,410 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,944,718,376 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,311,584,318 T13 plus the loss to the chapter 313 agreement
T16 2,360,374,318 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,110,944,048 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 219,432,034 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 74,248,908 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 73,185,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 48,790,000 Loss to Second Previous Homestead Increase