taxes Property Tax Assistance

2022 ISD Summary Worksheet

080-Franklin/Franklin County

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 1,151,769,047 0.8615 1,336,934,471 1,336,934,471
B - MULTIFAMILY 4,222,282 N/A 4,222,282 4,222,282
C1 - VACANT LOTS 55,059,869 N/A 55,059,869 55,059,869
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,763,120 4.7221 2,914,646 2,914,646
D2 - FARM & RANCH IMP 25,895,600 N/A 25,895,600 25,895,600
E - NON-AG LAND AND IMPROVEMENTS 254,848,530 0.9212 276,648,426 276,648,426
F1 - COMMERCIAL REAL 55,082,660 N/A 55,082,660 55,082,660
F2 - INDUSTRIAL REAL 20,666,880 N/A 20,666,880 20,666,880
G - ALL MINERALS 9,825,480 N/A 9,825,480 9,825,480
J - ALL UTILITIES 76,715,240 N/A 76,715,240 76,715,240
L1 - COMMERCIAL PERSONAL 82,317,105 1.0038 82,005,484 82,005,484
L2 - INDUSTRIAL PERSONAL 20,333,870 N/A 20,333,870 20,333,870
M1 - MOBILE HOMES 8,343,390 N/A 8,343,390 8,343,390
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,295,150 N/A 2,295,150 2,295,150
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,781,138,223 0 1,976,943,448 1,976,943,448
Less Total Deductions 261,489,123 0 302,994,227 302,994,227
Total Taxable Value 1,519,649,100 0 1,673,949,221 1,673,949,221

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 T13
1,705,168,011 1,673,949,221 1,705,168,011 1,673,949,221 1,729,188,011


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
31,218,790 0 24,020,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
1,705,168,011 1,673,949,221 1,705,168,011 1,673,949,221 1,729,188,011

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR TAXABLE 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)

112-Hopkins/Hopkins County

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 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 14,930 N/A 14,930 14,930
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 3,808,950 N/A 3,808,950 3,808,950
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 330,379 N/A 330,379 330,379
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 4,154,259 0 4,154,259 4,154,259
Less Total Deductions 1,746 0 1,746 1,746
Total Taxable Value 4,152,513 0 4,152,513 4,152,513

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 T13
4,152,513 4,152,513 4,152,513 4,152,513 4,152,513


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
0 0 0


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
4,152,513 4,152,513 4,152,513 4,152,513 4,152,513

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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

080-901-02/Mount Vernon ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 1,151,769,047 0.8615 1,336,934,471 1,336,934,471
B - MULTIFAMILY 4,222,282 N/A 4,222,282 4,222,282
C1 - VACANT LOTS 55,059,869 N/A 55,059,869 55,059,869
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,778,050 4.7031 2,929,576 2,929,576
D2 - FARM & RANCH IMP 25,895,600 N/A 25,895,600 25,895,600
E - NON-AG LAND AND IMPROVEMENTS 258,657,480 0.9223 280,457,376 280,457,376
F1 - COMMERCIAL REAL 55,082,660 N/A 55,082,660 55,082,660
F2 - INDUSTRIAL REAL 20,666,880 N/A 20,666,880 20,666,880
G - ALL MINERALS 9,825,480 N/A 9,825,480 9,825,480
J - ALL UTILITIES 77,045,619 N/A 77,045,619 77,045,619
L1 - COMMERCIAL PERSONAL 82,317,105 1.0038 82,005,484 82,005,484
L2 - INDUSTRIAL PERSONAL 20,333,870 N/A 20,333,870 20,333,870
M1 - MOBILE HOMES 8,343,390 N/A 8,343,390 8,343,390
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,295,150 N/A 2,295,150 2,295,150
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,785,292,482 1,981,097,707 1,981,097,707
Less Total Deductions 261,490,869 302,995,973 302,995,973
Total Taxable Value 1,523,801,613 1,678,101,734 1,678,101,734

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 T13
1,709,320,524 1,678,101,734 1,709,320,524 1,678,101,734 1,733,340,524


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
31,218,790 0 24,020,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
1,709,320,524 1,678,101,734 1,709,320,524 1,678,101,734 1,733,340,524

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement