taxes Property Tax Assistance

2022 ISD Summary Worksheet

043-Collin/Collin County

043-911/Princeton ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 2,905,344,259 0.9511 3,054,720,070 2,905,344,259
B - MULTIFAMILY 120,872,873 N/A 120,872,873 120,872,873
C1 - VACANT LOTS 105,353,385 N/A 105,353,385 105,353,385
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,795,580 1.2929 1,388,763 1,795,580
D2 - FARM & RANCH IMP 2,711,565 N/A 2,711,565 2,711,565
E - NON-AG LAND AND IMPROVEMENTS 225,645,135 0.9594 235,194,012 225,645,135
F1 - COMMERCIAL REAL 172,276,667 0.9385 183,565,974 172,276,667
F2 - INDUSTRIAL REAL 1,623,569 N/A 1,623,569 1,623,569
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 45,478,041 N/A 45,478,041 45,478,041
L1 - COMMERCIAL PERSONAL 45,416,731 N/A 45,416,731 45,416,731
L2 - INDUSTRIAL PERSONAL 402,725 N/A 402,725 402,725
M1 - MOBILE HOMES 25,495,695 N/A 25,495,695 25,495,695
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 181,167,225 N/A 181,167,225 181,167,225
S - SPECIAL INVENTORY 236,792 N/A 236,792 236,792
Subtotal 3,833,820,242 0 4,003,627,420 3,833,820,242
Less Total Deductions 606,090,494 0 634,728,095 606,090,494
Total Taxable Value 3,227,729,748 0 3,368,899,325 3,227,729,748

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

Measure Value Description
T1 3,305,532,242 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,227,729,748 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 3,305,532,242 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,227,729,748 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,363,612,242 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 3,305,532,242 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,227,729,748 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 3,305,532,242 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,227,729,748 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,363,612,242 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 77,802,494 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 58,080,000 Loss to the previous increase in the state-mandated homestead

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

043-911-02/Princeton ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 2,905,344,259 0.9511 3,054,720,070 2,905,344,259
B - MULTIFAMILY 120,872,873 N/A 120,872,873 120,872,873
C1 - VACANT LOTS 105,353,385 N/A 105,353,385 105,353,385
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,795,580 1.2929 1,388,763 1,795,580
D2 - FARM & RANCH IMP 2,711,565 N/A 2,711,565 2,711,565
E - NON-AG LAND AND IMPROVEMENTS 225,645,135 0.9594 235,194,012 225,645,135
F1 - COMMERCIAL REAL 172,276,667 0.9385 183,565,974 172,276,667
F2 - INDUSTRIAL REAL 1,623,569 N/A 1,623,569 1,623,569
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 45,478,041 N/A 45,478,041 45,478,041
L1 - COMMERCIAL PERSONAL 45,416,731 N/A 45,416,731 45,416,731
L2 - INDUSTRIAL PERSONAL 402,725 N/A 402,725 402,725
M1 - MOBILE HOMES 25,495,695 N/A 25,495,695 25,495,695
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 181,167,225 N/A 181,167,225 181,167,225
S - SPECIAL INVENTORY 236,792 N/A 236,792 236,792
Subtotal 3,833,820,242 4,003,627,420 3,833,820,242
Less Total Deductions 606,090,494 634,728,095 606,090,494
Total Taxable Value 3,227,729,748 3,368,899,325 3,227,729,748

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

Measure Value Description
T1 3,305,532,242 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,227,729,748 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 3,305,532,242 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,227,729,748 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,363,612,242 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 3,305,532,242 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,227,729,748 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 3,305,532,242 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,227,729,748 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,363,612,242 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 77,802,494 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 58,080,000 Loss to the previous increase in the state-mandated homestead