taxes Property Tax Assistance

2018 ISD Summary Worksheet

225-Titus

225-902/Mount Pleasant ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 573,313,266 N/A 573,313,266 573,313,266
B. MULTIFAMILY RESIDENCES 33,778,127 N/A 33,778,127 33,778,127
C1. VACANT LOTS 21,102,001 N/A 21,102,001 21,102,001
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,725,159 N/A 14,725,159 14,725,159
D2. REAL PROP:FARM & RANCH 9,366,720 N/A 9,366,720 9,366,720
E. REAL PROP NONQUAL ACREAGE 175,905,264 N/A 175,905,264 175,905,264
F1. COMMERCIAL REAL 239,612,836 N/A 239,612,836 239,612,836
F2. INDUSTRIAL REAL 133,480,186 N/A 133,480,186 133,480,186
G. OIL,GAS,MINERALS 582,040 N/A 582,040 582,040
J. UTILITIES 86,948,142 N/A 86,948,142 86,948,142
L1. COMMERCIAL PERSONAL 100,836,761 N/A 100,836,761 100,836,761
L2. INDUSTRIAL PERSONAL 269,065,567 N/A 269,065,567 269,065,567
M. MOBILE HOMES 15,400,138 N/A 15,400,138 15,400,138
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,284,419 N/A 1,284,419 1,284,419
S. SPECIAL INVENTORY 14,165,018 N/A 14,165,018 14,165,018
Subtotal 1,689,565,644 0 1,689,565,644 1,689,565,644
Less Total Deductions 316,061,884 0 316,061,884 316,061,884
Total Taxable Value 1,373,503,760 0 1,373,503,760 1,373,503,760

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
1,414,400,312 1,373,503,760 1,414,400,312 1,373,503,760


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,896,552 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
1,414,400,312 1,373,503,760 1,414,400,312 1,373,503,760

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

225-902-02/Mount Pleasant ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 573,313,266 N/A 573,313,266 573,313,266
B. MULTIFAMILY RESIDENCES 33,778,127 N/A 33,778,127 33,778,127
C1. VACANT LOTS 21,102,001 N/A 21,102,001 21,102,001
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,725,159 N/A 14,725,159 14,725,159
D2. REAL PROP:FARM & RANCH 9,366,720 N/A 9,366,720 9,366,720
E. REAL PROP NONQUAL ACREAGE 175,905,264 N/A 175,905,264 175,905,264
F1. COMMERCIAL REAL 239,612,836 N/A 239,612,836 239,612,836
F2. INDUSTRIAL REAL 133,480,186 N/A 133,480,186 133,480,186
G. OIL,GAS,MINERALS 582,040 N/A 582,040 582,040
J. UTILITIES 86,948,142 N/A 86,948,142 86,948,142
L1. COMMERCIAL PERSONAL 100,836,761 N/A 100,836,761 100,836,761
L2. INDUSTRIAL PERSONAL 269,065,567 N/A 269,065,567 269,065,567
M. MOBILE HOMES 15,400,138 N/A 15,400,138 15,400,138
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,284,419 N/A 1,284,419 1,284,419
S. SPECIAL INVENTORY 14,165,018 N/A 14,165,018 14,165,018
Subtotal 1,689,565,644 1,689,565,644 1,689,565,644
Less Total Deductions 316,061,884 316,061,884 316,061,884
Total Taxable Value 1,373,503,760 1,373,503,760 1,373,503,760

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
1,414,400,312 1,373,503,760 1,414,400,312 1,373,503,760


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
40,896,552 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
1,414,400,312 1,373,503,760 1,414,400,312 1,373,503,760

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