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