taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

043/Collin

043-908/Melissa ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 347,628,710 1.0050 345,899,214 347,628,710
B. Multi-Family Residences 1,064,756 N/A 1,064,756 1,064,756
C. Vacant Lots 10,780,362 N/A 10,780,362 10,780,362
D. Rural Real(Taxable) 41,314,835 .9751 42,370,924 41,314,835
F1. Commercial Real 16,409,044 N/A 16,409,044 16,409,044
F2. Industrial Real 16,376,657 N/A 16,376,657 16,376,657
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 8,097,695 N/A 8,097,695 8,097,695
L1. Commercial Personal 16,470,302 N/A 16,470,302 16,470,302
L2. Industrial Personal 1,142,772 N/A 1,142,772 1,142,772
M. Other Personal 967,337 N/A 967,337 967,337
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 15,118,092 N/A 15,118,092 15,118,092
S. Special Inventory 85,208 N/A 85,208 85,208
Subtotal 475,455,770 474,782,363 475,455,770
Less Total Deductions 38,219,672   37,947,685 38,219,672
Total Taxable Value 437,236,098 436,834,678 437,236,098 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 39,531,326 .9655 40,943,890
Prod Value Qualified Acres 1,783,509 1.2498 1,427,034
Taxable Value 41,314,835   42,370,924

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
453,845,494 437,236,098 453,845,494 437,236,098 439,932,527 439,932,527


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,609,396 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
453,845,494 437,236,098 453,845,494 437,236,098 439,932,527 439,932,527

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified