taxes Property Tax Assistance

2021 ISD Summary Worksheet

043-Collin /Collin County

043-911/Princeton ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	1,815,313,168	N/A	1,815,313,168	1,815,313,168
B - MULTIFAMILY	78,304,352	N/A	78,304,352	78,304,352
C1 - VACANT LOTS	58,079,287	N/A	58,079,287	58,079,287
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,857,635	N/A	1,857,635	1,857,635
D2 - FARM & RANCH IMP	2,675,786	N/A	2,675,786	2,675,786
E - NON-AG LAND AND IMPROVEMENTS	146,997,685	N/A	146,997,685	146,997,685
F1 - COMMERCIAL REAL	135,127,375	N/A	135,127,375	135,127,375
F2 - INDUSTRIAL REAL	1,165,736	N/A	1,165,736	1,165,736
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	28,353,081	N/A	28,353,081	28,353,081
L1 - COMMERCIAL PERSONAL	41,370,893	N/A	41,370,893	41,370,893
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	17,012,033	N/A	17,012,033	17,012,033
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	132,347,136	N/A	132,347,136	132,347,136
S - SPECIAL INVENTORY	291,473	N/A	291,473	291,473
Subtotal	2,458,895,640	0	2,458,895,640	2,458,895,640
Less Total Deductions	272,531,917	0	272,531,917	272,531,917
Total Taxable Value	2,186,363,723	0	2,186,363,723	2,186,363,723

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
2,234,165,644	2,186,363,723	2,234,165,644	2,186,363,723

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
47,801,921	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
2,234,165,644	2,186,363,723	2,234,165,644	2,186,363,723

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	1,815,313,168	N/A	1,815,313,168	1,815,313,168
B - MULTIFAMILY	78,304,352	N/A	78,304,352	78,304,352
C1 - VACANT LOTS	58,079,287	N/A	58,079,287	58,079,287
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,857,635	N/A	1,857,635	1,857,635
D2 - FARM & RANCH IMP	2,675,786	N/A	2,675,786	2,675,786
E - NON-AG LAND AND IMPROVEMENTS	146,997,685	N/A	146,997,685	146,997,685
F1 - COMMERCIAL REAL	135,127,375	N/A	135,127,375	135,127,375
F2 - INDUSTRIAL REAL	1,165,736	N/A	1,165,736	1,165,736
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	28,353,081	N/A	28,353,081	28,353,081
L1 - COMMERCIAL PERSONAL	41,370,893	N/A	41,370,893	41,370,893
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	17,012,033	N/A	17,012,033	17,012,033
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	132,347,136	N/A	132,347,136	132,347,136
S - SPECIAL INVENTORY	291,473	N/A	291,473	291,473
Subtotal	2,458,895,640		2,458,895,640	2,458,895,640
Less Total Deductions	272,531,917		272,531,917	272,531,917
Total Taxable Value	2,186,363,723		2,186,363,723	2,186,363,723

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
2,234,165,644	2,186,363,723	2,234,165,644	2,186,363,723

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
47,801,921	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
2,234,165,644	2,186,363,723	2,234,165,644	2,186,363,723

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