taxes Property Tax Assistance

2019 ISD Summary Worksheet

043-Collin

043-911/Princeton ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,236,554,804	N/A	1,236,554,804	1,236,554,804
B. MULTIFAMILY RESIDENCES	42,213,663	N/A	42,213,663	42,213,663
C1. VACANT LOTS	26,534,490	N/A	26,534,490	26,534,490
D1. QUALIFIED AG LAND	2,125,396	N/A	2,125,396	2,125,396
D2. REAL PROP:FARM & RANCH	2,044,840	N/A	2,044,840	2,044,840
E. REAL PROP NONQUAL ACREAGE	142,770,396	N/A	142,770,396	142,770,396
F1. COMMERCIAL REAL	99,513,892	N/A	99,513,892	99,513,892
F2. INDUSTRIAL REAL	15,677,711	N/A	15,677,711	15,677,711
J. UTILITIES	20,678,592	N/A	20,678,592	20,678,592
L1. COMMERCIAL PERSONAL	40,458,132	N/A	40,458,132	40,458,132
M. MOBILE HOMES	14,406,636	N/A	14,406,636	14,406,636
O. RESIDENTIAL INVENTORY	71,252,429	N/A	71,252,429	71,252,429
S. SPECIAL INVENTORY	260,840	N/A	260,840	260,840
Subtotal	1,714,491,821	0	1,714,491,821	1,714,491,821
Less Total Deductions	239,674,580	0	239,674,580	239,674,580
Total Taxable Value	1,474,817,241	0	1,474,817,241	1,474,817,241

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
1,514,309,245	1,474,817,241	1,514,309,245	1,474,817,241

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
39,492,004	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
1,514,309,245	1,474,817,241	1,514,309,245	1,474,817,241

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,236,554,804	N/A	1,236,554,804	1,236,554,804
B. MULTIFAMILY RESIDENCES	42,213,663	N/A	42,213,663	42,213,663
C1. VACANT LOTS	26,534,490	N/A	26,534,490	26,534,490
D1. QUALIFIED AG LAND	2,125,396	N/A	2,125,396	2,125,396
D2. REAL PROP:FARM & RANCH	2,044,840	N/A	2,044,840	2,044,840
E. REAL PROP NONQUAL ACREAGE	142,770,396	N/A	142,770,396	142,770,396
F1. COMMERCIAL REAL	99,513,892	N/A	99,513,892	99,513,892
F2. INDUSTRIAL REAL	15,677,711	N/A	15,677,711	15,677,711
J. UTILITIES	20,678,592	N/A	20,678,592	20,678,592
L1. COMMERCIAL PERSONAL	40,458,132	N/A	40,458,132	40,458,132
M. MOBILE HOMES	14,406,636	N/A	14,406,636	14,406,636
O. RESIDENTIAL INVENTORY	71,252,429	N/A	71,252,429	71,252,429
S. SPECIAL INVENTORY	260,840	N/A	260,840	260,840
Subtotal	1,714,491,821		1,714,491,821	1,714,491,821
Less Total Deductions	239,674,580		239,674,580	239,674,580
Total Taxable Value	1,474,817,241		1,474,817,241	1,474,817,241

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
1,514,309,245	1,474,817,241	1,514,309,245	1,474,817,241

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
39,492,004	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
1,514,309,245	1,474,817,241	1,514,309,245	1,474,817,241

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