taxes Property Tax Assistance

2024 ISD Summary Worksheet

Princeton ISD (all splits)   Collin County  

043-Collin/Collin County

043-911/Princeton ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 4,667,996,909 0.9927 4,702,323,873 4,667,996,909
B - MULTIFAMILY 232,705,256 N/A 232,705,256 232,705,256
C1 - VACANT LOTS 128,940,723 N/A 128,940,723 128,940,723
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,428,102 1.2749 1,120,145 1,428,102
D2 - FARM & RANCH IMP 3,254,988 N/A 3,254,988 3,254,988
E - NON-AG LAND AND IMPROVEMENTS 251,976,177 0.6492 388,133,360 251,976,177
F1 - COMMERCIAL REAL 308,039,100 N/A 308,039,100 308,039,100
F2 - INDUSTRIAL REAL 2,900,366 N/A 2,900,366 2,900,366
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 88,300,772 N/A 88,300,772 88,300,772
L1 - COMMERCIAL PERSONAL 57,780,755 N/A 57,780,755 57,780,755
L2 - INDUSTRIAL PERSONAL 684,761 N/A 684,761 684,761
M1 - MOBILE HOMES 31,519,503 N/A 31,519,503 31,519,503
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 344,523,354 N/A 344,523,354 344,523,354
S - SPECIAL INVENTORY 311,263 N/A 311,263 311,263
Subtotal 6,120,362,029 0 6,290,538,219 6,120,362,029
Less Total Deductions 1,294,961,408 0 1,299,627,013 1,294,961,408
Total Taxable Value 4,825,400,621 0 4,990,911,206 4,825,400,621

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 5,326,801,976 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,825,400,621 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 5,326,801,976 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,825,400,621 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 5,464,741,976 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 5,556,701,976 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 4,943,653,808 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 5,326,801,976 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,825,400,621 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 5,326,801,976 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,825,400,621 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 5,464,741,976 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 5,556,701,976 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 4,943,653,808 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 501,401,355 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 137,940,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 91,960,000 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.


Back to top


043-911-02/Princeton ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 4,667,996,909 0.9927 4,702,323,873 4,667,996,909
B - MULTIFAMILY 232,705,256 N/A 232,705,256 232,705,256
C1 - VACANT LOTS 128,940,723 N/A 128,940,723 128,940,723
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,428,102 1.2749 1,120,145 1,428,102
D2 - FARM & RANCH IMP 3,254,988 N/A 3,254,988 3,254,988
E - NON-AG LAND AND IMPROVEMENTS 251,976,177 0.6492 388,133,360 251,976,177
F1 - COMMERCIAL REAL 308,039,100 N/A 308,039,100 308,039,100
F2 - INDUSTRIAL REAL 2,900,366 N/A 2,900,366 2,900,366
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 88,300,772 N/A 88,300,772 88,300,772
L1 - COMMERCIAL PERSONAL 57,780,755 N/A 57,780,755 57,780,755
L2 - INDUSTRIAL PERSONAL 684,761 N/A 684,761 684,761
M1 - MOBILE HOMES 31,519,503 N/A 31,519,503 31,519,503
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 344,523,354 N/A 344,523,354 344,523,354
S - SPECIAL INVENTORY 311,263 N/A 311,263 311,263
Subtotal 6,120,362,029 6,290,538,219 6,120,362,029
Less Total Deductions 1,294,961,408 1,299,627,013 1,294,961,408
Total Taxable Value 4,825,400,621 4,990,911,206 4,825,400,621

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 5,326,801,976 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,825,400,621 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 5,326,801,976 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,825,400,621 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 5,464,741,976 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 5,556,701,976 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 4,943,653,808 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 5,326,801,976 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,825,400,621 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 5,326,801,976 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,825,400,621 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 5,464,741,976 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 5,556,701,976 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 4,943,653,808 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 501,401,355 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 137,940,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 91,960,000 Loss to the third most recent increase in the state-mandated homestead exemption

Back to top