taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

043/Collin

043-907/McKinney ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 7,372,714,454 .9488 7,770,567,511 7,372,714,454
B. Multi-Family Residences 583,332,054 .9430 618,591,786 583,332,054
C1. Vacant Lots 127,437,171 N/A 127,437,171 127,437,171
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,943,956 1.1333 4,362,462 4,943,956
D2. Real Prop Farm & Ranch 2,788,570 N/A 2,788,570 2,788,570
E. Real Prop NonQual Acres 231,244,544 N/A 231,244,544 231,244,544
F1. Commercial Real 1,350,127,276 .9496 1,421,785,253 1,350,127,276
F2. Industrial Real 423,370,223 N/A 423,370,223 423,370,223
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 144,017,156 N/A 144,017,156 144,017,156
L1. Commercial Personal 870,606,404 1.0187 854,624,918 870,606,404
L2. Industrial Personal 8,304,274 N/A 8,304,274 8,304,274
M. Other Personal 3,996,229 N/A 3,996,229 3,996,229
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 89,382,728 N/A 89,382,728 89,382,728
S. Special Inventory 65,555,494 N/A 65,555,494 65,555,494
Subtotal 11,277,820,533 11,766,028,319 11,277,820,533
Less Total Deductions 889,416,008   957,274,552 889,416,008
Total Taxable Value 10,388,404,525 10,808,753,767 10,388,404,525 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
10,624,382,643 10,388,404,525 10,624,382,643 10,388,404,525 10,440,763,447 10,440,763,447


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
235,978,118 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
10,624,382,643 10,388,404,525 10,624,382,643 10,388,404,525 10,440,763,447 10,440,763,447

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