taxes Property Tax Assistance

2020 ISD Summary Worksheet

043-Collin

043-908/Melissa ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,493,992,794 0.9865 1,514,437,703 1,493,992,794
B - MULTIFAMILY 9,999,807 N/A 9,999,807 9,999,807
C1 - VACANT LOTS 38,772,872 N/A 38,772,872 38,772,872
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,459,923 1.4289 1,021,704 1,459,923
D2 - FARM & RANCH IMP 1,987,515 N/A 1,987,515 1,987,515
E - NON-AG LAND AND IMPROVEMENTS 120,823,828 1.0032 120,438,425 120,823,828
F1 - COMMERCIAL REAL 78,150,435 N/A 78,150,435 78,150,435
F2 - INDUSTRIAL REAL 5,246,992 N/A 5,246,992 5,246,992
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 30,038,074 N/A 30,038,074 30,038,074
L1 - COMMERCIAL PERSONAL 42,324,199 N/A 42,324,199 42,324,199
L2 - INDUSTRIAL PERSONAL 88,415 N/A 88,415 88,415
M1 - MOBILE HOMES 2,222,807 N/A 2,222,807 2,222,807
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 105,749,191 N/A 105,749,191 105,749,191
S - SPECIAL INVENTORY 1,554,076 N/A 1,554,076 1,554,076
Subtotal 1,932,410,928 0 1,952,032,215 1,932,410,928
Less Total Deductions 184,848,068 0 187,693,137 184,848,068
Total Taxable Value 1,747,562,860 0 1,764,339,078 1,747,562,860

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
1,784,026,423 1,747,562,860 1,784,026,423 1,747,562,860


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
36,463,563 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
1,784,026,423 1,747,562,860 1,784,026,423 1,747,562,860

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

043-908-02/Melissa ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,493,992,794 0.9865 1,514,437,703 1,493,992,794
B - MULTIFAMILY 9,999,807 N/A 9,999,807 9,999,807
C1 - VACANT LOTS 38,772,872 N/A 38,772,872 38,772,872
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,459,923 1.4289 1,021,704 1,459,923
D2 - FARM & RANCH IMP 1,987,515 N/A 1,987,515 1,987,515
E - NON-AG LAND AND IMPROVEMENTS 120,823,828 1.0032 120,438,425 120,823,828
F1 - COMMERCIAL REAL 78,150,435 N/A 78,150,435 78,150,435
F2 - INDUSTRIAL REAL 5,246,992 N/A 5,246,992 5,246,992
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 30,038,074 N/A 30,038,074 30,038,074
L1 - COMMERCIAL PERSONAL 42,324,199 N/A 42,324,199 42,324,199
L2 - INDUSTRIAL PERSONAL 88,415 N/A 88,415 88,415
M1 - MOBILE HOMES 2,222,807 N/A 2,222,807 2,222,807
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 105,749,191 N/A 105,749,191 105,749,191
S - SPECIAL INVENTORY 1,554,076 N/A 1,554,076 1,554,076
Subtotal 1,932,410,928 1,952,032,215 1,932,410,928
Less Total Deductions 184,848,068 187,693,137 184,848,068
Total Taxable Value 1,747,562,860 1,764,339,078 1,747,562,860

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
1,784,026,423 1,747,562,860 1,784,026,423 1,747,562,860


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
36,463,563 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
1,784,026,423 1,747,562,860 1,784,026,423 1,747,562,860

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