taxes Property Tax Assistance

2020 ISD Summary Worksheet

043-Collin

043-911/Princeton ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,426,186,051 0.9845 1,448,639,971 1,426,186,051
B - MULTIFAMILY 51,082,882 N/A 51,082,882 51,082,882
C1 - VACANT LOTS 34,363,271 N/A 34,363,271 34,363,271
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,006,503 1.3147 1,526,171 2,006,503
D2 - FARM & RANCH IMP 2,091,400 N/A 2,091,400 2,091,400
E - NON-AG LAND AND IMPROVEMENTS 159,021,635 1.0328 153,971,374 159,021,635
F1 - COMMERCIAL REAL 120,952,478 0.8925 135,520,984 120,952,478
F2 - INDUSTRIAL REAL 993,707 N/A 993,707 993,707
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 23,015,264 N/A 23,015,264 23,015,264
L1 - COMMERCIAL PERSONAL 39,697,979 N/A 39,697,979 39,697,979
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 14,846,727 N/A 14,846,727 14,846,727
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 98,198,771 N/A 98,198,771 98,198,771
S - SPECIAL INVENTORY 234,749 N/A 234,749 234,749
Subtotal 1,972,691,417 0 2,004,183,250 1,972,691,417
Less Total Deductions 236,677,898 0 240,565,238 236,677,898
Total Taxable Value 1,736,013,519 0 1,763,618,012 1,736,013,519

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
1,778,344,353 1,736,013,519 1,778,344,353 1,736,013,519


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
42,330,834 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
1,778,344,353 1,736,013,519 1,778,344,353 1,736,013,519

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

043-911-02/Princeton ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,426,186,051 0.9845 1,448,639,971 1,426,186,051
B - MULTIFAMILY 51,082,882 N/A 51,082,882 51,082,882
C1 - VACANT LOTS 34,363,271 N/A 34,363,271 34,363,271
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,006,503 1.3147 1,526,171 2,006,503
D2 - FARM & RANCH IMP 2,091,400 N/A 2,091,400 2,091,400
E - NON-AG LAND AND IMPROVEMENTS 159,021,635 1.0328 153,971,374 159,021,635
F1 - COMMERCIAL REAL 120,952,478 0.8925 135,520,984 120,952,478
F2 - INDUSTRIAL REAL 993,707 N/A 993,707 993,707
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 23,015,264 N/A 23,015,264 23,015,264
L1 - COMMERCIAL PERSONAL 39,697,979 N/A 39,697,979 39,697,979
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 14,846,727 N/A 14,846,727 14,846,727
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 98,198,771 N/A 98,198,771 98,198,771
S - SPECIAL INVENTORY 234,749 N/A 234,749 234,749
Subtotal 1,972,691,417 2,004,183,250 1,972,691,417
Less Total Deductions 236,677,898 240,565,238 236,677,898
Total Taxable Value 1,736,013,519 1,763,618,012 1,736,013,519

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
1,778,344,353 1,736,013,519 1,778,344,353 1,736,013,519


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
42,330,834 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
1,778,344,353 1,736,013,519 1,778,344,353 1,736,013,519

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