taxes Property Tax Assistance

2022 ISD Summary Worksheet

225-Titus/Titus County

225-902/Mount Pleasant ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 788,386,167 N/A 788,386,167 788,386,167
B - MULTIFAMILY 49,625,735 N/A 49,625,735 49,625,735
C1 - VACANT LOTS 29,670,297 N/A 29,670,297 29,670,297
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,882,122 N/A 13,882,122 13,882,122
D2 - FARM & RANCH IMP 11,989,140 N/A 11,989,140 11,989,140
E - NON-AG LAND AND IMPROVEMENTS 376,423,882 N/A 376,423,882 376,423,882
F1 - COMMERCIAL REAL 328,241,040 N/A 328,241,040 328,241,040
F2 - INDUSTRIAL REAL 118,290,753 N/A 118,290,753 118,290,753
G - ALL MINERALS 816,212 N/A 816,212 816,212
J - ALL UTILITIES 100,309,123 N/A 100,309,123 100,309,123
L1 - COMMERCIAL PERSONAL 108,075,539 N/A 108,075,539 108,075,539
L2 - INDUSTRIAL PERSONAL 389,447,195 N/A 389,447,195 389,447,195
M1 - MOBILE HOMES 20,006,794 N/A 20,006,794 20,006,794
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 870,401 N/A 870,401 870,401
S - SPECIAL INVENTORY 18,510,813 N/A 18,510,813 18,510,813
Subtotal 2,354,545,213 0 2,354,545,213 2,354,545,213
Less Total Deductions 499,795,503 0 499,795,503 499,795,503
Total Taxable Value 1,854,749,710 0 1,854,749,710 1,854,749,710

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
1,913,117,692 1,854,749,710 1,839,199,196 1,780,831,214 1,960,957,692


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
58,367,982 73,918,496 47,840,000


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
1,913,117,692 1,854,749,710 1,839,199,196 1,780,831,214 1,960,957,692

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

225-902-02/Mount Pleasant ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 788,386,167 N/A 788,386,167 788,386,167
B - MULTIFAMILY 49,625,735 N/A 49,625,735 49,625,735
C1 - VACANT LOTS 29,670,297 N/A 29,670,297 29,670,297
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,882,122 N/A 13,882,122 13,882,122
D2 - FARM & RANCH IMP 11,989,140 N/A 11,989,140 11,989,140
E - NON-AG LAND AND IMPROVEMENTS 376,423,882 N/A 376,423,882 376,423,882
F1 - COMMERCIAL REAL 328,241,040 N/A 328,241,040 328,241,040
F2 - INDUSTRIAL REAL 118,290,753 N/A 118,290,753 118,290,753
G - ALL MINERALS 816,212 N/A 816,212 816,212
J - ALL UTILITIES 100,309,123 N/A 100,309,123 100,309,123
L1 - COMMERCIAL PERSONAL 108,075,539 N/A 108,075,539 108,075,539
L2 - INDUSTRIAL PERSONAL 389,447,195 N/A 389,447,195 389,447,195
M1 - MOBILE HOMES 20,006,794 N/A 20,006,794 20,006,794
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 870,401 N/A 870,401 870,401
S - SPECIAL INVENTORY 18,510,813 N/A 18,510,813 18,510,813
Subtotal 2,354,545,213 2,354,545,213 2,354,545,213
Less Total Deductions 499,795,503 499,795,503 499,795,503
Total Taxable Value 1,854,749,710 1,854,749,710 1,854,749,710

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
1,913,117,692 1,854,749,710 1,839,199,196 1,780,831,214 1,960,957,692


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
58,367,982 73,918,496 47,840,000


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
1,913,117,692 1,854,749,710 1,839,199,196 1,780,831,214 1,960,957,692

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