taxes Property Tax Assistance

2018 ISD Summary Worksheet

043-Collin

043-911/Princeton ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,026,538,988	0.9699	1,058,396,730	1,026,538,988
B. MULTIFAMILY RESIDENCES	33,441,834	N/A	33,441,834	33,441,834
C1. VACANT LOTS	20,884,476	N/A	20,884,476	20,884,476
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	2,141,281	1.2776	1,676,053	2,141,281
D2. REAL PROP:FARM & RANCH	2,254,977	N/A	2,254,977	2,254,977
E. REAL PROP NONQUAL ACREAGE	139,667,727	0.9961	140,214,564	139,667,727
F1. COMMERCIAL REAL	84,191,632	0.8613	97,749,486	84,191,632
F2. INDUSTRIAL REAL	14,021,584	N/A	14,021,584	14,021,584
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	18,224,075	N/A	18,224,075	18,224,075
L1. COMMERCIAL PERSONAL	36,475,593	N/A	36,475,593	36,475,593
L2. INDUSTRIAL PERSONAL	0	N/A	0	0
M. MOBILE HOMES	12,711,070	N/A	12,711,070	12,711,070
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	38,857,918	N/A	38,857,918	38,857,918
S. SPECIAL INVENTORY	180,504	N/A	180,504	180,504
Subtotal	1,429,591,659	0	1,475,088,864	1,429,591,659
Less Total Deductions	230,280,640	0	237,118,118	230,280,640
Total Taxable Value	1,199,311,019	0	1,237,970,746	1,199,311,019

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
1,234,933,151	1,199,311,019	1,234,933,151	1,199,311,019

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
35,622,132	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
1,234,933,151	1,199,311,019	1,234,933,151	1,199,311,019

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

043-911-02/Princeton ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,026,538,988	0.9699	1,058,396,730	1,026,538,988
B. MULTIFAMILY RESIDENCES	33,441,834	N/A	33,441,834	33,441,834
C1. VACANT LOTS	20,884,476	N/A	20,884,476	20,884,476
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	2,141,281	1.2776	1,676,053	2,141,281
D2. REAL PROP:FARM & RANCH	2,254,977	N/A	2,254,977	2,254,977
E. REAL PROP NONQUAL ACREAGE	139,667,727	0.9961	140,214,564	139,667,727
F1. COMMERCIAL REAL	84,191,632	0.8613	97,749,486	84,191,632
F2. INDUSTRIAL REAL	14,021,584	N/A	14,021,584	14,021,584
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	18,224,075	N/A	18,224,075	18,224,075
L1. COMMERCIAL PERSONAL	36,475,593	N/A	36,475,593	36,475,593
L2. INDUSTRIAL PERSONAL	0	N/A	0	0
M. MOBILE HOMES	12,711,070	N/A	12,711,070	12,711,070
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	38,857,918	N/A	38,857,918	38,857,918
S. SPECIAL INVENTORY	180,504	N/A	180,504	180,504
Subtotal	1,429,591,659		1,475,088,864	1,429,591,659
Less Total Deductions	230,280,640		237,118,118	230,280,640
Total Taxable Value	1,199,311,019		1,237,970,746	1,199,311,019

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
1,234,933,151	1,199,311,019	1,234,933,151	1,199,311,019

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
35,622,132	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
1,234,933,151	1,199,311,019	1,234,933,151	1,199,311,019

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