taxes Property Tax Assistance

2019 ISD Summary Worksheet

043-Collin

074-912/Trenton ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 4,452,564 N/A 4,452,564 4,452,564
C1. VACANT LOTS 96,191 N/A 96,191 96,191
D1. QUALIFIED AG LAND 72,454 N/A 72,454 72,454
D2. REAL PROP:FARM & RANCH 107,338 N/A 107,338 107,338
E. REAL PROP NONQUAL ACREAGE 8,533,980 N/A 8,533,980 8,533,980
F1. COMMERCIAL REAL 107,141 N/A 107,141 107,141
F2. INDUSTRIAL REAL 182,208 N/A 182,208 182,208
J. UTILITIES 532,368 N/A 532,368 532,368
L1. COMMERCIAL PERSONAL 3,741,391 N/A 3,741,391 3,741,391
M. MOBILE HOMES 123,949 N/A 123,949 123,949
Subtotal 17,949,584 0 17,949,584 17,949,584
Less Total Deductions 2,442,925 0 2,442,925 2,442,925
Total Taxable Value 15,506,659 0 15,506,659 15,506,659

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
15,769,159 15,506,659 15,769,159 15,506,659


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
262,500 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
15,769,159 15,506,659 15,769,159 15,506,659

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

074-912-02/Trenton ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 4,452,564 N/A 4,452,564 4,452,564
C1. VACANT LOTS 96,191 N/A 96,191 96,191
D1. QUALIFIED AG LAND 72,454 N/A 72,454 72,454
D2. REAL PROP:FARM & RANCH 107,338 N/A 107,338 107,338
E. REAL PROP NONQUAL ACREAGE 8,533,980 N/A 8,533,980 8,533,980
F1. COMMERCIAL REAL 107,141 N/A 107,141 107,141
F2. INDUSTRIAL REAL 182,208 N/A 182,208 182,208
J. UTILITIES 532,368 N/A 532,368 532,368
L1. COMMERCIAL PERSONAL 3,741,391 N/A 3,741,391 3,741,391
M. MOBILE HOMES 123,949 N/A 123,949 123,949
Subtotal 17,949,584 17,949,584 17,949,584
Less Total Deductions 2,442,925 2,442,925 2,442,925
Total Taxable Value 15,506,659 15,506,659 15,506,659

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
15,769,159 15,506,659 15,769,159 15,506,659


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
262,500 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
15,769,159 15,506,659 15,769,159 15,506,659

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