taxes Property Tax Assistance

2019 ISD Summary Worksheet

225-Titus

225-902/Mount Pleasant ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 550,999,431 0.9972 552,546,561 550,999,431
B. MULTIFAMILY RESIDENCES 36,950,942 N/A 36,950,942 36,950,942
C1. VACANT LOTS 22,569,533 N/A 22,569,533 22,569,533
D1. QUALIFIED AG LAND 15,600,477 0.9431 16,542,495 15,600,477
D2. REAL PROP:FARM & RANCH 10,234,717 N/A 10,234,717 10,234,717
E. REAL PROP NONQUAL ACREAGE 257,615,788 1.0508 245,161,580 257,615,788
F1. COMMERCIAL REAL 283,416,959 0.9729 291,311,501 283,416,959
F2. INDUSTRIAL REAL 98,355,337 N/A 98,355,337 98,355,337
G. OIL,GAS,MINERALS 1,233,940 N/A 1,233,940 1,233,940
J. UTILITIES 94,585,856 0.9637 98,148,652 94,585,856
L1. COMMERCIAL PERSONAL 92,276,016 1.0177 90,671,137 92,276,016
L2. INDUSTRIAL PERSONAL 309,419,906 N/A 309,419,906 309,419,906
M. MOBILE HOMES 14,418,843 N/A 14,418,843 14,418,843
O. RESIDENTIAL INVENTORY 1,035,176 N/A 1,035,176 1,035,176
S. SPECIAL INVENTORY 16,301,197 N/A 16,301,197 16,301,197
Subtotal 1,805,014,118 0 1,804,901,517 1,805,014,118
Less Total Deductions 308,409,872 0 309,052,380 308,409,872
Total Taxable Value 1,496,604,246 0 1,495,849,137 1,496,604,246

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
1,537,127,807 1,496,604,246 1,484,196,363 1,443,672,802


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,523,561 52,931,444


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
1,537,127,807 1,496,604,246 1,484,196,363 1,443,672,802

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

225-902-02/Mount Pleasant ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 550,999,431 0.9972 552,546,561 550,999,431
B. MULTIFAMILY RESIDENCES 36,950,942 N/A 36,950,942 36,950,942
C1. VACANT LOTS 22,569,533 N/A 22,569,533 22,569,533
D1. QUALIFIED AG LAND 15,600,477 0.9431 16,542,495 15,600,477
D2. REAL PROP:FARM & RANCH 10,234,717 N/A 10,234,717 10,234,717
E. REAL PROP NONQUAL ACREAGE 257,615,788 1.0508 245,161,580 257,615,788
F1. COMMERCIAL REAL 283,416,959 0.9729 291,311,501 283,416,959
F2. INDUSTRIAL REAL 98,355,337 N/A 98,355,337 98,355,337
G. OIL,GAS,MINERALS 1,233,940 N/A 1,233,940 1,233,940
J. UTILITIES 94,585,856 0.9637 98,148,652 94,585,856
L1. COMMERCIAL PERSONAL 92,276,016 1.0177 90,671,137 92,276,016
L2. INDUSTRIAL PERSONAL 309,419,906 N/A 309,419,906 309,419,906
M. MOBILE HOMES 14,418,843 N/A 14,418,843 14,418,843
O. RESIDENTIAL INVENTORY 1,035,176 N/A 1,035,176 1,035,176
S. SPECIAL INVENTORY 16,301,197 N/A 16,301,197 16,301,197
Subtotal 1,805,014,118 1,804,901,517 1,805,014,118
Less Total Deductions 308,409,872 309,052,380 308,409,872
Total Taxable Value 1,496,604,246 1,495,849,137 1,496,604,246

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
1,537,127,807 1,496,604,246 1,484,196,363 1,443,672,802


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
40,523,561 52,931,444


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
1,537,127,807 1,496,604,246 1,484,196,363 1,443,672,802

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