taxes Property Tax Assistance

2025 ISD Summary Worksheet

Lovejoy ISD (all splits)   Collin County  

043-Collin/Collin County

043-919/Lovejoy ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 5,743,968,783 N/A 5,743,968,783 5,743,968,783
B - MULTIFAMILY 47,660,701 N/A 47,660,701 47,660,701
C1 - VACANT LOTS 52,691,749 N/A 52,691,749 52,691,749
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 146,146 N/A 146,146 146,146
D2 - FARM & RANCH IMP 559,050 N/A 559,050 559,050
E - NON-AG LAND AND IMPROVEMENTS 114,488,013 N/A 114,488,013 114,488,013
F1 - COMMERCIAL REAL 29,119,557 N/A 29,119,557 29,119,557
F2 - INDUSTRIAL REAL 1,522,285 N/A 1,522,285 1,522,285
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 22,571,666 N/A 22,571,666 22,571,666
L1 - COMMERCIAL PERSONAL 9,860,803 N/A 9,860,803 9,860,803
L2 - INDUSTRIAL PERSONAL 1,077,827 N/A 1,077,827 1,077,827
M1 - MOBILE HOMES 173,860 N/A 173,860 173,860
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 30,432,837 N/A 30,432,837 30,432,837
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 6,054,273,277 0 6,054,273,277 6,054,273,277
Less Total Deductions 1,940,416,117 0 1,940,416,117 1,940,416,117
Total Taxable Value 4,113,857,160 0 4,113,857,160 4,113,857,160

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 4,307,211,087 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,113,857,160 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 4,307,211,087 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,113,857,160 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,600,661,392 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 4,674,626,660 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 4,581,142,294 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
T19 4,724,009,373 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 4,216,824,906 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 4,307,211,087 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,113,857,160 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 4,307,211,087 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,113,857,160 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,600,661,392 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 4,674,626,660 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 4,581,142,294 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
T20 4,724,009,373 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 4,216,824,906 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 193,353,927 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 293,450,305 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 73,965,268 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 49,382,713 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 102,967,746 Loss to the increase in the Over-65/Disabled Homestead

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


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043-919-02/Lovejoy ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 5,743,968,783 N/A 5,743,968,783 5,743,968,783
B - MULTIFAMILY 47,660,701 N/A 47,660,701 47,660,701
C1 - VACANT LOTS 52,691,749 N/A 52,691,749 52,691,749
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 146,146 N/A 146,146 146,146
D2 - FARM & RANCH IMP 559,050 N/A 559,050 559,050
E - NON-AG LAND AND IMPROVEMENTS 114,488,013 N/A 114,488,013 114,488,013
F1 - COMMERCIAL REAL 29,119,557 N/A 29,119,557 29,119,557
F2 - INDUSTRIAL REAL 1,522,285 N/A 1,522,285 1,522,285
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 22,571,666 N/A 22,571,666 22,571,666
L1 - COMMERCIAL PERSONAL 9,860,803 N/A 9,860,803 9,860,803
L2 - INDUSTRIAL PERSONAL 1,077,827 N/A 1,077,827 1,077,827
M1 - MOBILE HOMES 173,860 N/A 173,860 173,860
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 30,432,837 N/A 30,432,837 30,432,837
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 6,054,273,277 6,054,273,277 6,054,273,277
Less Total Deductions 1,940,416,117 1,940,416,117 1,940,416,117
Total Taxable Value 4,113,857,160 4,113,857,160 4,113,857,160

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 4,307,211,087 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,113,857,160 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 4,307,211,087 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,113,857,160 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,600,661,392 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 4,674,626,660 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 4,581,142,294 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
T19 4,724,009,373 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 4,216,824,906 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 4,307,211,087 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,113,857,160 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 4,307,211,087 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,113,857,160 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,600,661,392 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 4,674,626,660 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 4,581,142,294 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
T20 4,724,009,373 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 4,216,824,906 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 193,353,927 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 293,450,305 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 73,965,268 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 49,382,713 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 102,967,746 Loss to the increase in the Over-65/Disabled Homestead

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