taxes Property Tax Assistance

2024 ISD Summary Worksheet

Leonard ISD (all splits)   Collin County   Fannin County   Hunt County  

043-Collin/Collin County

074-909/Leonard ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 6,870,083 N/A 6,870,083 6,870,083
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,617,076 N/A 1,617,076 1,617,076
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 354,914 N/A 354,914 354,914
D2 - FARM & RANCH IMP 1,097,413 N/A 1,097,413 1,097,413
E - NON-AG LAND AND IMPROVEMENTS 31,502,324 N/A 31,502,324 31,502,324
F1 - COMMERCIAL REAL 1,211,431 N/A 1,211,431 1,211,431
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,451,387 N/A 1,451,387 1,451,387
L1 - COMMERCIAL PERSONAL 256,868 N/A 256,868 256,868
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 181,731 N/A 181,731 181,731
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 44,543,227 0 44,543,227 44,543,227
Less Total Deductions 12,965,717 0 12,965,717 12,965,717
Total Taxable Value 31,577,510 0 31,577,510 31,577,510

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 35,415,679 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 31,577,510 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 35,415,679 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 31,577,510 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 36,630,679 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 37,440,679 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 32,827,510 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 35,415,679 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 31,577,510 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 35,415,679 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 31,577,510 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 36,630,679 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 37,440,679 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 32,827,510 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 3,838,169 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 1,215,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 810,000 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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074-Fannin/Fannin County

074-909/Leonard ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 298,252,745 N/A 298,252,745 298,252,745
B - MULTIFAMILY 5,509,130 N/A 5,509,130 5,509,130
C1 - VACANT LOTS 9,510,954 N/A 9,510,954 9,510,954
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,113,452 N/A 3,113,452 3,113,452
D2 - FARM & RANCH IMP 6,340,680 N/A 6,340,680 6,340,680
E - NON-AG LAND AND IMPROVEMENTS 168,749,434 N/A 168,749,434 168,749,434
F1 - COMMERCIAL REAL 41,659,839 N/A 41,659,839 41,659,839
F2 - INDUSTRIAL REAL 1,159,850 N/A 1,159,850 1,159,850
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 21,479,980 N/A 21,479,980 21,479,980
L1 - COMMERCIAL PERSONAL 16,912,220 N/A 16,912,220 16,912,220
L2 - INDUSTRIAL PERSONAL 2,933,250 N/A 2,933,250 2,933,250
M1 - MOBILE HOMES 3,111,863 N/A 3,111,863 3,111,863
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,070 N/A 5,070 5,070
Subtotal 578,738,467 0 578,738,467 578,738,467
Less Total Deductions 195,418,742 0 195,418,742 195,418,742
Total Taxable Value 383,319,725 0 383,319,725 383,319,725

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 435,007,860 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 383,319,725 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 435,007,860 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 383,319,725 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 450,937,860 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 461,557,860 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 405,315,562 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 435,007,860 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 383,319,725 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 435,007,860 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 383,319,725 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 450,937,860 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 461,557,860 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 405,315,562 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 51,688,135 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 15,930,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 10,620,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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116-Hunt/Hunt County

074-909/Leonard ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 12,520,020 N/A 12,520,020 12,520,020
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 973,630 N/A 973,630 973,630
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 651,340 N/A 651,340 651,340
D2 - FARM & RANCH IMP 1,043,020 N/A 1,043,020 1,043,020
E - NON-AG LAND AND IMPROVEMENTS 28,708,497 N/A 28,708,497 28,708,497
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 3,938,280 N/A 3,938,280 3,938,280
L1 - COMMERCIAL PERSONAL 238,550 N/A 238,550 238,550
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 594,850 N/A 594,850 594,850
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 48,668,187 0 48,668,187 48,668,187
Less Total Deductions 15,596,392 0 15,596,392 15,596,392
Total Taxable Value 33,071,795 0 33,071,795 33,071,795

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 38,545,111 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 33,071,795 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 38,545,111 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 33,071,795 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 40,270,111 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 41,420,111 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 35,137,254 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 38,545,111 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 33,071,795 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 38,545,111 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 33,071,795 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 40,270,111 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 41,420,111 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 35,137,254 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 5,473,316 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 1,725,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,150,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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074-909-02/Leonard ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 317,642,848 N/A 317,642,848 317,642,848
B - MULTIFAMILY 5,509,130 N/A 5,509,130 5,509,130
C1 - VACANT LOTS 12,101,660 N/A 12,101,660 12,101,660
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,119,706 N/A 4,119,706 4,119,706
D2 - FARM & RANCH IMP 8,481,113 N/A 8,481,113 8,481,113
E - NON-AG LAND AND IMPROVEMENTS 228,960,255 N/A 228,960,255 228,960,255
F1 - COMMERCIAL REAL 42,871,270 N/A 42,871,270 42,871,270
F2 - INDUSTRIAL REAL 1,159,850 N/A 1,159,850 1,159,850
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 26,869,647 N/A 26,869,647 26,869,647
L1 - COMMERCIAL PERSONAL 17,407,638 N/A 17,407,638 17,407,638
L2 - INDUSTRIAL PERSONAL 2,933,250 N/A 2,933,250 2,933,250
M1 - MOBILE HOMES 3,888,444 N/A 3,888,444 3,888,444
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,070 N/A 5,070 5,070
Subtotal 671,949,881 671,949,881 671,949,881
Less Total Deductions 223,980,851 223,980,851 223,980,851
Total Taxable Value 447,969,030 447,969,030 447,969,030

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 508,968,650 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 447,969,030 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 508,968,650 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 447,969,030 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 527,838,650 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 540,418,650 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 473,280,326 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 508,968,650 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 447,969,030 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 508,968,650 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 447,969,030 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 527,838,650 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 540,418,650 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 473,280,326 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 60,999,620 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 18,870,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 12,580,000 Loss to the third most recent increase in the state-mandated homestead exemption

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