taxes Property Tax Assistance

2021 ISD Summary Worksheet

Mount Vernon ISD (all splits)   Franklin County   Hopkins County  

080-Franklin/Franklin County

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 897,319,470 0.9257 969,341,547 969,341,547
B - MULTIFAMILY 3,906,060 N/A 3,906,060 3,906,060
C1 - VACANT LOTS 41,935,410 N/A 41,935,410 41,935,410
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,495,915 1.1417 12,696,728 12,696,728
D2 - FARM & RANCH IMP 23,755,500 N/A 23,755,500 23,755,500
E - NON-AG LAND AND IMPROVEMENTS 170,328,160 0.5985 284,591,746 284,591,746
F1 - COMMERCIAL REAL 51,237,643 N/A 51,237,643 51,237,643
F2 - INDUSTRIAL REAL 20,491,190 N/A 20,491,190 20,491,190
G - ALL MINERALS 2,687,160 N/A 2,687,160 2,687,160
J - ALL UTILITIES 60,926,270 N/A 60,926,270 60,926,270
L1 - COMMERCIAL PERSONAL 74,844,740 1.0036 74,576,265 74,576,265
L2 - INDUSTRIAL PERSONAL 20,814,130 N/A 20,814,130 20,814,130
M1 - MOBILE HOMES 5,383,420 N/A 5,383,420 5,383,420
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 227,090 N/A 227,090 227,090
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,388,352,158 0 1,572,570,159 1,572,570,159
Less Total Deductions 143,340,722 0 158,878,168 158,878,168
Total Taxable Value 1,245,011,436 0 1,413,691,991 1,413,691,991

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's office 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 school 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

Measure Value Description
T1 1,434,855,226 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,413,691,991 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,434,855,226 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,413,691,991 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,434,855,226 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,413,691,991 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,434,855,226 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,413,691,991 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 21,163,235 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW).


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112-Hopkins/Hopkins County

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 163,560 N/A 163,560 163,560
D2 - FARM & RANCH IMP 18,490 N/A 18,490 18,490
E - NON-AG LAND AND IMPROVEMENTS 0 N/A 0 0
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 349,727 N/A 349,727 349,727
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 531,777 0 531,777 531,777
Less Total Deductions 1,895 0 1,895 1,895
Total Taxable Value 529,882 0 529,882 529,882

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's office 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 school 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

Measure Value Description
T1 529,882 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 529,882 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 529,882 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 529,882 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 529,882 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 529,882 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 529,882 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 529,882 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 0 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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080-901-02/Mount Vernon ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 897,319,470 0.9257 969,341,547 969,341,547
B - MULTIFAMILY 3,906,060 N/A 3,906,060 3,906,060
C1 - VACANT LOTS 41,935,410 N/A 41,935,410 41,935,410
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,659,475 1.1399 12,860,288 12,860,288
D2 - FARM & RANCH IMP 23,773,990 N/A 23,773,990 23,773,990
E - NON-AG LAND AND IMPROVEMENTS 170,328,160 0.5985 284,591,746 284,591,746
F1 - COMMERCIAL REAL 51,237,643 N/A 51,237,643 51,237,643
F2 - INDUSTRIAL REAL 20,491,190 N/A 20,491,190 20,491,190
G - ALL MINERALS 2,687,160 N/A 2,687,160 2,687,160
J - ALL UTILITIES 61,275,997 N/A 61,275,997 61,275,997
L1 - COMMERCIAL PERSONAL 74,844,740 1.0036 74,576,265 74,576,265
L2 - INDUSTRIAL PERSONAL 20,814,130 N/A 20,814,130 20,814,130
M1 - MOBILE HOMES 5,383,420 N/A 5,383,420 5,383,420
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 227,090 N/A 227,090 227,090
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,388,883,935 1,573,101,936 1,573,101,936
Less Total Deductions 143,342,617 158,880,063 158,880,063
Total Taxable Value 1,245,541,318 1,414,221,873 1,414,221,873

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's office 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 school 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

Measure Value Description
T1 1,435,385,108 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,414,221,873 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,435,385,108 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,414,221,873 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,435,385,108 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,414,221,873 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,435,385,108 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,414,221,873 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 21,163,235 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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