taxes Property Tax Assistance

2019 ISD Summary Worksheet

061-Denton

061-903/Pilot Point ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	351,251,148	1.0043	349,747,235	351,251,148
B. MULTIFAMILY RESIDENCES	11,653,942	N/A	11,653,942	11,653,942
C1. VACANT LOTS	14,957,765	N/A	14,957,765	14,957,765
D1. QUALIFIED AG LAND	3,466,351	0.9736	3,560,237	3,466,351
D2. REAL PROP:FARM & RANCH	31,480,144	N/A	31,480,144	31,480,144
E. REAL PROP NONQUAL ACREAGE	217,794,018	0.9447	230,543,049	217,794,018
F1. COMMERCIAL REAL	88,380,095	0.9463	93,395,430	88,380,095
F2. INDUSTRIAL REAL	1,006,060	N/A	1,006,060	1,006,060
G. OIL,GAS,MINERALS	23,100	N/A	23,100	23,100
J. UTILITIES	32,063,307	N/A	32,063,307	32,063,307
L1. COMMERCIAL PERSONAL	35,188,918	N/A	35,188,918	35,188,918
L2. INDUSTRIAL PERSONAL	5,295,358	N/A	5,295,358	5,295,358
M. MOBILE HOMES	1,259,064	N/A	1,259,064	1,259,064
O. RESIDENTIAL INVENTORY	117,000	N/A	117,000	117,000
S. SPECIAL INVENTORY	3,351,356	N/A	3,351,356	3,351,356
Subtotal	797,287,626	0	813,641,965	797,287,626
Less Total Deductions	108,709,336	0	108,023,279	108,709,336
Total Taxable Value	688,578,290	0	705,618,686	688,578,290

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
701,873,207	688,578,290	701,873,207	688,578,290

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
13,294,917	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
701,873,207	688,578,290	701,873,207	688,578,290

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

061-903-02/Pilot Point ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	351,251,148	1.0043	349,747,235	351,251,148
B. MULTIFAMILY RESIDENCES	11,653,942	N/A	11,653,942	11,653,942
C1. VACANT LOTS	14,957,765	N/A	14,957,765	14,957,765
D1. QUALIFIED AG LAND	3,466,351	0.9736	3,560,237	3,466,351
D2. REAL PROP:FARM & RANCH	31,480,144	N/A	31,480,144	31,480,144
E. REAL PROP NONQUAL ACREAGE	217,794,018	0.9447	230,543,049	217,794,018
F1. COMMERCIAL REAL	88,380,095	0.9463	93,395,430	88,380,095
F2. INDUSTRIAL REAL	1,006,060	N/A	1,006,060	1,006,060
G. OIL,GAS,MINERALS	23,100	N/A	23,100	23,100
J. UTILITIES	32,063,307	N/A	32,063,307	32,063,307
L1. COMMERCIAL PERSONAL	35,188,918	N/A	35,188,918	35,188,918
L2. INDUSTRIAL PERSONAL	5,295,358	N/A	5,295,358	5,295,358
M. MOBILE HOMES	1,259,064	N/A	1,259,064	1,259,064
O. RESIDENTIAL INVENTORY	117,000	N/A	117,000	117,000
S. SPECIAL INVENTORY	3,351,356	N/A	3,351,356	3,351,356
Subtotal	797,287,626		813,641,965	797,287,626
Less Total Deductions	108,709,336		108,023,279	108,709,336
Total Taxable Value	688,578,290		705,618,686	688,578,290

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
701,873,207	688,578,290	701,873,207	688,578,290

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
13,294,917	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
701,873,207	688,578,290	701,873,207	688,578,290

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