taxes Property Tax Assistance

2024 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 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,550,422,254 0.9684 1,601,014,306 1,550,422,254
B - MULTIFAMILY 2,967,149 N/A 2,967,149 2,967,149
C1 - VACANT LOTS 76,148,390 N/A 76,148,390 76,148,390
C2 - COLONIA LOTS 28,000 N/A 28,000 28,000
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,589,500 1.0315 15,113,687 15,589,500
D2 - FARM & RANCH IMP 72,670,610 N/A 72,670,610 72,670,610
E - NON-AG LAND AND IMPROVEMENTS 371,320,781 1.1008 337,319,023 371,320,781
F1 - COMMERCIAL REAL 106,780,757 N/A 106,780,757 106,780,757
F2 - INDUSTRIAL REAL 161,880 N/A 161,880 161,880
G - ALL MINERALS 10,397,480 N/A 10,397,480 10,397,480
J - ALL UTILITIES 84,985,880 N/A 84,985,880 84,985,880
L1 - COMMERCIAL PERSONAL 100,884,440 N/A 100,884,440 100,884,440
L2 - INDUSTRIAL PERSONAL 23,832,470 N/A 23,832,470 23,832,470
M1 - MOBILE HOMES 12,391,300 N/A 12,391,300 12,391,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,951,680 N/A 1,951,680 1,951,680
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 2,430,532,571 0 2,446,647,052 2,430,532,571
Less Total Deductions 591,248,286 0 604,611,423 591,248,286
Total Taxable Value 1,839,284,285 0 1,842,035,629 1,839,284,285

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 1,964,871,275 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,839,284,285 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,964,871,275 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,839,284,285 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,005,236,275 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,032,146,275 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,863,862,863 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,964,871,275 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,839,284,285 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,964,871,275 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,839,284,285 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,005,236,275 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,032,146,275 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,863,862,863 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 125,586,990 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
LOSS_PREV_INCR_HMSTD 40,365,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 26,910,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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112-Hopkins/Hopkins County

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 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 10,240 N/A 10,240 10,240
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 3,790,460 N/A 3,790,460 3,790,460
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 3,870,749 N/A 3,870,749 3,870,749
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 32,871,290 N/A 32,871,290 32,871,290
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 40,542,739 0 40,542,739 40,542,739
Less Total Deductions 21,631 0 21,631 21,631
Total Taxable Value 40,521,108 0 40,521,108 40,521,108

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 40,521,108 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 40,521,108 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 40,521,108 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 40,521,108 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 40,521,108 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 40,521,108 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 40,521,108 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 40,521,108 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 40,521,108 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 40,521,108 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 40,521,108 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 40,521,108 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 40,521,108 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 40,521,108 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

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
LOSS_PREV_INCR_HMSTD 0 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 0 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED.


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080-901-02/Mount Vernon ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,550,422,254 0.9684 1,601,014,306 1,550,422,254
B - MULTIFAMILY 2,967,149 N/A 2,967,149 2,967,149
C1 - VACANT LOTS 76,148,390 N/A 76,148,390 76,148,390
C2 - COLONIA LOTS 28,000 N/A 28,000 28,000
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,599,740 1.0315 15,123,927 15,599,740
D2 - FARM & RANCH IMP 72,670,610 N/A 72,670,610 72,670,610
E - NON-AG LAND AND IMPROVEMENTS 375,111,241 1.0997 341,109,483 375,111,241
F1 - COMMERCIAL REAL 106,780,757 N/A 106,780,757 106,780,757
F2 - INDUSTRIAL REAL 161,880 N/A 161,880 161,880
G - ALL MINERALS 10,397,480 N/A 10,397,480 10,397,480
J - ALL UTILITIES 88,856,629 N/A 88,856,629 88,856,629
L1 - COMMERCIAL PERSONAL 100,884,440 N/A 100,884,440 100,884,440
L2 - INDUSTRIAL PERSONAL 56,703,760 N/A 56,703,760 56,703,760
M1 - MOBILE HOMES 12,391,300 N/A 12,391,300 12,391,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,951,680 N/A 1,951,680 1,951,680
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 2,471,075,310 2,487,189,791 2,471,075,310
Less Total Deductions 591,269,917 604,633,054 591,269,917
Total Taxable Value 1,879,805,393 1,882,556,737 1,879,805,393

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 2,005,392,383 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,879,805,393 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,005,392,383 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,879,805,393 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,045,757,383 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,072,667,383 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,904,383,971 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 2,005,392,383 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,879,805,393 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,005,392,383 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,879,805,393 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,045,757,383 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,072,667,383 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,904,383,971 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 125,586,990 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
LOSS_PREV_INCR_HMSTD 40,365,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 26,910,000 Loss to the third most recent increase in the state-mandated homestead exemption

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