taxes Property Tax Assistance

2024 ISD Summary Worksheet

Mount Pleasant ISD (all splits)   Titus County  

225-Titus/Titus County

225-902/Mount Pleasant ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,112,149,347 N/A 1,112,149,347 1,112,149,347
B - MULTIFAMILY 57,032,868 N/A 57,032,868 57,032,868
C1 - VACANT LOTS 49,820,885 N/A 49,820,885 49,820,885
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,870,165 N/A 12,870,165 12,870,165
D2 - FARM & RANCH IMP 15,189,150 N/A 15,189,150 15,189,150
E - NON-AG LAND AND IMPROVEMENTS 529,470,277 N/A 529,470,277 529,470,277
F1 - COMMERCIAL REAL 394,891,092 N/A 394,891,092 394,891,092
F2 - INDUSTRIAL REAL 183,649,990 N/A 183,649,990 183,649,990
G - ALL MINERALS 1,116,665 N/A 1,116,665 1,116,665
J - ALL UTILITIES 116,584,184 N/A 116,584,184 116,584,184
L1 - COMMERCIAL PERSONAL 117,761,865 N/A 117,761,865 117,761,865
L2 - INDUSTRIAL PERSONAL 412,434,930 N/A 412,434,930 412,434,930
M1 - MOBILE HOMES 33,306,880 N/A 33,306,880 33,306,880
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 533,546 N/A 533,546 533,546
S - SPECIAL INVENTORY 18,636,043 N/A 18,636,043 18,636,043
Subtotal 3,055,447,887 0 3,055,447,887 3,055,447,887
Less Total Deductions 924,207,708 0 924,207,708 924,207,708
Total Taxable Value 2,131,240,179 0 2,131,240,179 2,131,240,179

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 2,365,744,262 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,131,240,179 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,279,913,222 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,045,409,139 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,441,059,262 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,491,269,262 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 2,131,414,392 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 2,365,744,262 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,131,240,179 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,279,913,222 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,045,409,139 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,441,059,262 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,491,269,262 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 2,131,414,392 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 234,504,083 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 85,831,040 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 75,315,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 50,210,000 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.


Back to top

225-902-02/Mount Pleasant ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,112,149,347 N/A 1,112,149,347 1,112,149,347
B - MULTIFAMILY 57,032,868 N/A 57,032,868 57,032,868
C1 - VACANT LOTS 49,820,885 N/A 49,820,885 49,820,885
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,870,165 N/A 12,870,165 12,870,165
D2 - FARM & RANCH IMP 15,189,150 N/A 15,189,150 15,189,150
E - NON-AG LAND AND IMPROVEMENTS 529,470,277 N/A 529,470,277 529,470,277
F1 - COMMERCIAL REAL 394,891,092 N/A 394,891,092 394,891,092
F2 - INDUSTRIAL REAL 183,649,990 N/A 183,649,990 183,649,990
G - ALL MINERALS 1,116,665 N/A 1,116,665 1,116,665
J - ALL UTILITIES 116,584,184 N/A 116,584,184 116,584,184
L1 - COMMERCIAL PERSONAL 117,761,865 N/A 117,761,865 117,761,865
L2 - INDUSTRIAL PERSONAL 412,434,930 N/A 412,434,930 412,434,930
M1 - MOBILE HOMES 33,306,880 N/A 33,306,880 33,306,880
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 533,546 N/A 533,546 533,546
S - SPECIAL INVENTORY 18,636,043 N/A 18,636,043 18,636,043
Subtotal 3,055,447,887 3,055,447,887 3,055,447,887
Less Total Deductions 924,207,708 924,207,708 924,207,708
Total Taxable Value 2,131,240,179 2,131,240,179 2,131,240,179

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 2,365,744,262 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,131,240,179 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,279,913,222 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,045,409,139 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,441,059,262 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,491,269,262 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 2,131,414,392 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 2,365,744,262 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,131,240,179 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,279,913,222 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,045,409,139 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,441,059,262 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,491,269,262 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 2,131,414,392 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 234,504,083 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 85,831,040 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 75,315,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 50,210,000 Loss to the third most recent increase in the state-mandated homestead exemption

Back to top