taxes Property Tax Assistance

2021 ISD Summary Worksheet

225-Titus /Titus County

225-902/Mount Pleasant ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	632,341,869	0.9857	641,515,541	632,341,869
B - MULTIFAMILY	38,920,927	N/A	38,920,927	38,920,927
C1 - VACANT LOTS	24,674,764	N/A	24,674,764	24,674,764
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,868,326	1.0408	14,285,600	14,868,326
D2 - FARM & RANCH IMP	11,665,538	N/A	11,665,538	11,665,538
E - NON-AG LAND AND IMPROVEMENTS	305,360,117	0.9669	315,813,545	305,360,117
F1 - COMMERCIAL REAL	292,353,213	0.8778	333,052,191	292,353,213
F2 - INDUSTRIAL REAL	95,558,454	N/A	95,558,454	95,558,454
G - ALL MINERALS	556,349	N/A	556,349	556,349
J - ALL UTILITIES	99,019,346	0.9734	101,725,237	99,019,346
L1 - COMMERCIAL PERSONAL	115,856,891	1.0412	111,272,465	115,856,891
L2 - INDUSTRIAL PERSONAL	290,295,454	N/A	290,295,454	290,295,454
M1 - MOBILE HOMES	16,078,651	N/A	16,078,651	16,078,651
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	819,207	N/A	819,207	819,207
S - SPECIAL INVENTORY	17,428,063	N/A	17,428,063	17,428,063
Subtotal	1,955,797,169	0	2,013,661,986	1,955,797,169
Less Total Deductions	331,708,890	0	335,653,179	331,708,890
Total Taxable Value	1,624,088,279	0	1,678,008,807	1,624,088,279

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
1,664,540,852	1,624,088,279	1,603,142,447	1,562,689,874

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
40,452,573	61,398,405

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
1,664,540,852	1,624,088,279	1,603,142,447	1,562,689,874

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	632,341,869	0.9857	641,515,541	632,341,869
B - MULTIFAMILY	38,920,927	N/A	38,920,927	38,920,927
C1 - VACANT LOTS	24,674,764	N/A	24,674,764	24,674,764
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,868,326	1.0408	14,285,600	14,868,326
D2 - FARM & RANCH IMP	11,665,538	N/A	11,665,538	11,665,538
E - NON-AG LAND AND IMPROVEMENTS	305,360,117	0.9669	315,813,545	305,360,117
F1 - COMMERCIAL REAL	292,353,213	0.8778	333,052,191	292,353,213
F2 - INDUSTRIAL REAL	95,558,454	N/A	95,558,454	95,558,454
G - ALL MINERALS	556,349	N/A	556,349	556,349
J - ALL UTILITIES	99,019,346	0.9734	101,725,237	99,019,346
L1 - COMMERCIAL PERSONAL	115,856,891	1.0412	111,272,465	115,856,891
L2 - INDUSTRIAL PERSONAL	290,295,454	N/A	290,295,454	290,295,454
M1 - MOBILE HOMES	16,078,651	N/A	16,078,651	16,078,651
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	819,207	N/A	819,207	819,207
S - SPECIAL INVENTORY	17,428,063	N/A	17,428,063	17,428,063
Subtotal	1,955,797,169		2,013,661,986	1,955,797,169
Less Total Deductions	331,708,890		335,653,179	331,708,890
Total Taxable Value	1,624,088,279		1,678,008,807	1,624,088,279

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
1,664,540,852	1,624,088,279	1,603,142,447	1,562,689,874

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
40,452,573	61,398,405

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
1,664,540,852	1,624,088,279	1,603,142,447	1,562,689,874

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