taxes Property Tax Assistance

2020 ISD Summary Worksheet

225-Titus

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