taxes Property Tax Assistance

2019 ISD Summary Worksheet

061-Denton

043-912/Prosper ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	952,949,049	0.9824	970,021,426	952,949,049
B. MULTIFAMILY RESIDENCES	55,233,905	N/A	55,233,905	55,233,905
C1. VACANT LOTS	61,480,103	N/A	61,480,103	61,480,103
D1. QUALIFIED AG LAND	730,555	1.0242	713,267	730,555
D2. REAL PROP:FARM & RANCH	286,589	N/A	286,589	286,589
E. REAL PROP NONQUAL ACREAGE	31,025,471	N/A	31,025,471	31,025,471
F1. COMMERCIAL REAL	52,045,043	N/A	52,045,043	52,045,043
G. OIL,GAS,MINERALS	14,920	N/A	14,920	14,920
J. UTILITIES	9,711,340	N/A	9,711,340	9,711,340
L1. COMMERCIAL PERSONAL	13,339,404	N/A	13,339,404	13,339,404
M. MOBILE HOMES	135,160	N/A	135,160	135,160
O. RESIDENTIAL INVENTORY	108,191,755	N/A	108,191,755	108,191,755
Subtotal	1,285,143,294	0	1,302,198,383	1,285,143,294
Less Total Deductions	63,160,661	0	63,904,053	63,160,661
Total Taxable Value	1,221,982,633	0	1,238,294,330	1,221,982,633

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
1,238,454,776	1,221,982,633	1,238,454,776	1,221,982,633

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
16,472,143	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
1,238,454,776	1,221,982,633	1,238,454,776	1,221,982,633

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

043-912-02/Prosper ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	952,949,049	0.9824	970,021,426	952,949,049
B. MULTIFAMILY RESIDENCES	55,233,905	N/A	55,233,905	55,233,905
C1. VACANT LOTS	61,480,103	N/A	61,480,103	61,480,103
D1. QUALIFIED AG LAND	730,555	1.0242	713,267	730,555
D2. REAL PROP:FARM & RANCH	286,589	N/A	286,589	286,589
E. REAL PROP NONQUAL ACREAGE	31,025,471	N/A	31,025,471	31,025,471
F1. COMMERCIAL REAL	52,045,043	N/A	52,045,043	52,045,043
G. OIL,GAS,MINERALS	14,920	N/A	14,920	14,920
J. UTILITIES	9,711,340	N/A	9,711,340	9,711,340
L1. COMMERCIAL PERSONAL	13,339,404	N/A	13,339,404	13,339,404
M. MOBILE HOMES	135,160	N/A	135,160	135,160
O. RESIDENTIAL INVENTORY	108,191,755	N/A	108,191,755	108,191,755
Subtotal	1,285,143,294		1,302,198,383	1,285,143,294
Less Total Deductions	63,160,661		63,904,053	63,160,661
Total Taxable Value	1,221,982,633		1,238,294,330	1,221,982,633

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
1,238,454,776	1,221,982,633	1,238,454,776	1,221,982,633

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
16,472,143	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
1,238,454,776	1,221,982,633	1,238,454,776	1,221,982,633

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