taxes Property Tax Assistance

2020 ISD Summary Worksheet

225-Titus /Titus County

225-902/Mount Pleasant ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 582,322,817 N/A 582,322,817 582,322,817
B - MULTIFAMILY 38,489,917 N/A 38,489,917 38,489,917
C1 - VACANT LOTS 23,198,262 N/A 23,198,262 23,198,262
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,509,038 N/A 15,509,038 15,509,038
D2 - FARM & RANCH IMP 11,463,590 N/A 11,463,590 11,463,590
E - NON-AG LAND AND IMPROVEMENTS 279,103,171 N/A 279,103,171 279,103,171
F1 - COMMERCIAL REAL 285,197,420 N/A 285,197,420 285,197,420
F2 - INDUSTRIAL REAL 98,336,834 N/A 98,336,834 98,336,834
G - ALL MINERALS 611,419 N/A 611,419 611,419
J - ALL UTILITIES 95,579,786 N/A 95,579,786 95,579,786
L1 - COMMERCIAL PERSONAL 106,359,048 N/A 106,359,048 106,359,048
L2 - INDUSTRIAL PERSONAL 302,037,852 N/A 302,037,852 302,037,852
M1 - MOBILE HOMES 15,205,632 N/A 15,205,632 15,205,632
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 877,314 N/A 877,314 877,314
S - SPECIAL INVENTORY 17,109,523 N/A 17,109,523 17,109,523
Subtotal 1,871,401,623 0 1,871,401,623 1,871,401,623
Less Total Deductions 308,058,852 0 308,058,852 308,058,852
Total Taxable Value 1,563,342,771 0 1,563,342,771 1,563,342,771

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
1,603,343,215 1,563,342,771 1,547,119,414 1,507,118,970


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,000,444 56,223,801


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
1,603,343,215 1,563,342,771 1,547,119,414 1,507,118,970

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 582,322,817 N/A 582,322,817 582,322,817
B - MULTIFAMILY 38,489,917 N/A 38,489,917 38,489,917
C1 - VACANT LOTS 23,198,262 N/A 23,198,262 23,198,262
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,509,038 N/A 15,509,038 15,509,038
D2 - FARM & RANCH IMP 11,463,590 N/A 11,463,590 11,463,590
E - NON-AG LAND AND IMPROVEMENTS 279,103,171 N/A 279,103,171 279,103,171
F1 - COMMERCIAL REAL 285,197,420 N/A 285,197,420 285,197,420
F2 - INDUSTRIAL REAL 98,336,834 N/A 98,336,834 98,336,834
G - ALL MINERALS 611,419 N/A 611,419 611,419
J - ALL UTILITIES 95,579,786 N/A 95,579,786 95,579,786
L1 - COMMERCIAL PERSONAL 106,359,048 N/A 106,359,048 106,359,048
L2 - INDUSTRIAL PERSONAL 302,037,852 N/A 302,037,852 302,037,852
M1 - MOBILE HOMES 15,205,632 N/A 15,205,632 15,205,632
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 877,314 N/A 877,314 877,314
S - SPECIAL INVENTORY 17,109,523 N/A 17,109,523 17,109,523
Subtotal 1,871,401,623 1,871,401,623 1,871,401,623
Less Total Deductions 308,058,852 308,058,852 308,058,852
Total Taxable Value 1,563,342,771 1,563,342,771 1,563,342,771

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
1,603,343,215 1,563,342,771 1,547,119,414 1,507,118,970


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
40,000,444 56,223,801


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
1,603,343,215 1,563,342,771 1,547,119,414 1,507,118,970

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