taxes Property Tax Assistance

2020 ISD Summary Worksheet

080-Franklin /Franklin County

080-901/Mount Vernon ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	825,618,190	0.9704	850,801,927	825,618,190
B - MULTIFAMILY	3,825,220	N/A	3,825,220	3,825,220
C1 - VACANT LOTS	43,555,360	N/A	43,555,360	43,555,360
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,903,633	1.2922	10,759,407	13,903,633
D2 - FARM & RANCH IMP	22,321,090	N/A	22,321,090	22,321,090
E - NON-AG LAND AND IMPROVEMENTS	156,304,430	0.8987	173,922,811	156,304,430
F1 - COMMERCIAL REAL	49,706,530	N/A	49,706,530	49,706,530
F2 - INDUSTRIAL REAL	20,631,180	N/A	20,631,180	20,631,180
G - ALL MINERALS	8,310,780	N/A	8,310,780	8,310,780
J - ALL UTILITIES	63,100,960	N/A	63,100,960	63,100,960
L1 - COMMERCIAL PERSONAL	84,793,071	0.9997	84,818,517	84,793,071
L2 - INDUSTRIAL PERSONAL	18,299,890	N/A	18,299,890	18,299,890
M1 - MOBILE HOMES	4,916,870	N/A	4,916,870	4,916,870
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	209,580	N/A	209,580	209,580
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	1,315,496,784	0	1,355,180,122	1,315,496,784
Less Total Deductions	86,988,969	0	87,336,424	86,988,969
Total Taxable Value	1,228,507,815	0	1,267,843,698	1,228,507,815

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
1,249,435,795	1,228,507,815	1,249,435,795	1,228,507,815

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
20,927,980	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
1,249,435,795	1,228,507,815	1,249,435,795	1,228,507,815

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

112-Hopkins /Hopkins County

080-901/Mount Vernon ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	0	N/A	0	0
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	161,610	N/A	161,610	161,610
D2 - FARM & RANCH IMP	18,490	N/A	18,490	18,490
E - NON-AG LAND AND IMPROVEMENTS	0	N/A	0	0
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	187,971	N/A	187,971	187,971
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	0	N/A	0	0
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	368,071	0	368,071	368,071
Less Total Deductions	1,870	0	1,870	1,870
Total Taxable Value	366,201	0	366,201	366,201

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
366,201	366,201	366,201	366,201

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
0	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
366,201	366,201	366,201	366,201

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

080-901-02/Mount Vernon ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	825,618,190	0.9704	850,801,927	825,618,190
B - MULTIFAMILY	3,825,220	N/A	3,825,220	3,825,220
C1 - VACANT LOTS	43,555,360	N/A	43,555,360	43,555,360
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,065,243	1.2879	10,921,017	14,065,243
D2 - FARM & RANCH IMP	22,339,580	N/A	22,339,580	22,339,580
E - NON-AG LAND AND IMPROVEMENTS	156,304,430	0.8987	173,922,811	156,304,430
F1 - COMMERCIAL REAL	49,706,530	N/A	49,706,530	49,706,530
F2 - INDUSTRIAL REAL	20,631,180	N/A	20,631,180	20,631,180
G - ALL MINERALS	8,310,780	N/A	8,310,780	8,310,780
J - ALL UTILITIES	63,288,931	N/A	63,288,931	63,288,931
L1 - COMMERCIAL PERSONAL	84,793,071	0.9997	84,818,517	84,793,071
L2 - INDUSTRIAL PERSONAL	18,299,890	N/A	18,299,890	18,299,890
M1 - MOBILE HOMES	4,916,870	N/A	4,916,870	4,916,870
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	209,580	N/A	209,580	209,580
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	1,315,864,855		1,355,548,193	1,315,864,855
Less Total Deductions	86,990,839		87,338,294	86,990,839
Total Taxable Value	1,228,874,016		1,268,209,899	1,228,874,016

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
1,249,801,996	1,228,874,016	1,249,801,996	1,228,874,016

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
20,927,980	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
1,249,801,996	1,228,874,016	1,249,801,996	1,228,874,016

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