taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

043/Collin

043-912/Prosper ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,218,075,790 .9581 2,315,077,539 2,218,075,790
B. Multi-Family Residences 48,285,836 N/A 48,285,836 48,285,836
C1. Vacant Lots 56,514,203 N/A 56,514,203 56,514,203
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,840,943 1.0858 2,616,564 2,840,943
D2. Real Prop Farm & Ranch 2,177,736 N/A 2,177,736 2,177,736
E. Real Prop NonQual Acres 222,457,901 .9163 242,778,458 222,457,901
F1. Commercial Real 118,420,184 N/A 118,420,184 118,420,184
F2. Industrial Real 84,263,868 N/A 84,263,868 84,263,868
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 39,047,633 N/A 39,047,633 39,047,633
L1. Commercial Personal 87,745,392 N/A 87,745,392 87,745,392
L2. Industrial Personal 106,714 N/A 106,714 106,714
M. Other Personal 290,211 N/A 290,211 290,211
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 174,304,302 N/A 174,304,302 174,304,302
S. Special Inventory 344,910 N/A 344,910 344,910
Subtotal 3,054,875,623 3,171,973,550 3,054,875,623
Less Total Deductions 145,205,904   155,416,498 145,205,904
Total Taxable Value 2,909,669,719 3,016,557,052 2,909,669,719 T2

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
2,962,281,711 2,909,669,719 2,962,281,711 2,909,669,719 2,909,669,719 2,909,669,719


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
52,611,992 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
2,962,281,711 2,909,669,719 2,962,281,711 2,909,669,719 2,909,669,719 2,909,669,719

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

061/Denton

043-912/Prosper ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 46,951,396 N/A 46,951,396 46,951,396
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 13,827,771 N/A 13,827,771 13,827,771
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,163,567 N/A 1,163,567 1,163,567
D2. Real Prop Farm & Ranch 381,799 N/A 381,799 381,799
E. Real Prop NonQual Acres 14,116,166 N/A 14,116,166 14,116,166
F1. Commercial Real 2,481,397 N/A 2,481,397 2,481,397
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 7,780,070 N/A 7,780,070 7,780,070
L1. Commercial Personal 119,744 N/A 119,744 119,744
L2. Industrial Personal 910,856 N/A 910,856 910,856
M. Other Personal 256,796 N/A 256,796 256,796
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,392,229 N/A 3,392,229 3,392,229
S. Special Inventory 0 N/A 0 0
Subtotal 91,381,791 91,381,791 91,381,791
Less Total Deductions 5,119,093   5,119,093 5,119,093
Total Taxable Value 86,262,698 86,262,698 86,262,698 T2

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
87,890,198 86,262,698 87,890,198 86,262,698 86,262,698 86,262,698


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,627,500 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
87,890,198 86,262,698 87,890,198 86,262,698 86,262,698 86,262,698

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

043-912/Prosper ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,265,027,186 .9589 2,362,028,935 2,265,027,186
B. Multi-Family Residences 48,285,836 N/A 48,285,836 48,285,836
C1. Vacant Lots 70,341,974 N/A 70,341,974 70,341,974
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,004,510 1.0594 3,780,131 4,004,510
D2. Real Prop Farm & Ranch 2,559,535 N/A 2,559,535 2,559,535
E. Real Prop NonQual Acres 236,574,067 .9209 256,894,624 236,574,067
F1. Commercial Real 120,901,581 N/A 120,901,581 120,901,581
F2. Industrial Real 84,263,868 N/A 84,263,868 84,263,868
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 46,827,703 N/A 46,827,703 46,827,703
L1. Commercial Personal 87,865,136 N/A 87,865,136 87,865,136
L2. Industrial Personal 1,017,570 N/A 1,017,570 1,017,570
M. Other Personal 547,007 N/A 547,007 547,007
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 177,696,531 N/A 177,696,531 177,696,531
S. Special Inventory 344,910 N/A 344,910 344,910
Subtotal 3,146,257,414 3,263,355,341 3,146,257,414
Less Total Deductions 150,324,997   160,535,591 150,324,997
Total Taxable Value 2,995,932,417 3,102,819,750 2,995,932,417 T2

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