taxes Property Tax Assistance

2018 ISD Summary Worksheet

080-Franklin

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 710,438,830 N/A 710,438,830 710,438,830
B. MULTIFAMILY RESIDENCES 3,704,920 N/A 3,704,920 3,704,920
C1. VACANT LOTS 44,432,750 N/A 44,432,750 44,432,750
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,431,340 N/A 14,431,340 14,431,340
D2. REAL PROP:FARM & RANCH 19,911,080 N/A 19,911,080 19,911,080
E. REAL PROP NONQUAL ACREAGE 137,045,610 N/A 137,045,610 137,045,610
F1. COMMERCIAL REAL 46,131,550 N/A 46,131,550 46,131,550
F2. INDUSTRIAL REAL 21,253,680 N/A 21,253,680 21,253,680
G. OIL,GAS,MINERALS 10,395,780 N/A 10,395,780 10,395,780
J. UTILITIES 54,156,060 N/A 54,156,060 54,156,060
L1. COMMERCIAL PERSONAL 75,052,920 N/A 75,052,920 75,052,920
L2. INDUSTRIAL PERSONAL 17,445,060 N/A 17,445,060 17,445,060
M. MOBILE HOMES 4,535,150 N/A 4,535,150 4,535,150
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 2,172,770 N/A 2,172,770 2,172,770
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,161,107,500 0 1,161,107,500 1,161,107,500
Less Total Deductions 131,952,084 0 131,952,084 131,952,084
Total Taxable Value 1,029,155,416 0 1,029,155,416 1,029,155,416

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
1,050,149,256 1,029,155,416 1,050,149,256 1,029,155,416


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,993,840 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
1,050,149,256 1,029,155,416 1,050,149,256 1,029,155,416

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

112-Hopkins

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 0 N/A 0 0
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 0 N/A 0 0
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 155,750 N/A 155,750 155,750
D2. REAL PROP:FARM & RANCH 18,490 N/A 18,490 18,490
E. REAL PROP NONQUAL ACREAGE 0 N/A 0 0
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 277,751 N/A 277,751 277,751
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 0 N/A 0 0
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 451,991 0 451,991 451,991
Less Total Deductions 1,651 0 1,651 1,651
Total Taxable Value 450,340 0 450,340 450,340

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
450,340 450,340 450,340 450,340


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
450,340 450,340 450,340 450,340

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 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 710,438,830 N/A 710,438,830 710,438,830
B. MULTIFAMILY RESIDENCES 3,704,920 N/A 3,704,920 3,704,920
C1. VACANT LOTS 44,432,750 N/A 44,432,750 44,432,750
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,587,090 N/A 14,587,090 14,587,090
D2. REAL PROP:FARM & RANCH 19,929,570 N/A 19,929,570 19,929,570
E. REAL PROP NONQUAL ACREAGE 137,045,610 N/A 137,045,610 137,045,610
F1. COMMERCIAL REAL 46,131,550 N/A 46,131,550 46,131,550
F2. INDUSTRIAL REAL 21,253,680 N/A 21,253,680 21,253,680
G. OIL,GAS,MINERALS 10,395,780 N/A 10,395,780 10,395,780
J. UTILITIES 54,433,811 N/A 54,433,811 54,433,811
L1. COMMERCIAL PERSONAL 75,052,920 N/A 75,052,920 75,052,920
L2. INDUSTRIAL PERSONAL 17,445,060 N/A 17,445,060 17,445,060
M. MOBILE HOMES 4,535,150 N/A 4,535,150 4,535,150
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 2,172,770 N/A 2,172,770 2,172,770
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,161,559,491 1,161,559,491 1,161,559,491
Less Total Deductions 131,953,735 131,953,735 131,953,735
Total Taxable Value 1,029,605,756 1,029,605,756 1,029,605,756

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
1,050,599,596 1,029,605,756 1,050,599,596 1,029,605,756


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
20,993,840 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
1,050,599,596 1,029,605,756 1,050,599,596 1,029,605,756

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