taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

043/Collin

043-908/Melissa ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 469,662,632 .9610 488,722,822 469,662,632
B. Multi-Family Residences 1,330,526 N/A 1,330,526 1,330,526
C1. Vacant Lots 11,571,978 N/A 11,571,978 11,571,978
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,751,316 1.2182 1,437,573 1,751,316
D2. Real Prop Farm & Ranch 1,119,463 N/A 1,119,463 1,119,463
E. Real Prop NonQual Acres 51,189,493 .9612 53,255,819 51,189,493
F1. Commercial Real 19,376,189 N/A 19,376,189 19,376,189
F2. Industrial Real 17,664,971 N/A 17,664,971 17,664,971
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,153,618 N/A 9,153,618 9,153,618
L1. Commercial Personal 23,516,707 N/A 23,516,707 23,516,707
L2. Industrial Personal 2,425,922 N/A 2,425,922 2,425,922
M. Other Personal 853,726 N/A 853,726 853,726
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 14,113,920 N/A 14,113,920 14,113,920
S. Special Inventory 193,463 N/A 193,463 193,463
Subtotal 623,923,924 644,736,697 623,923,924
Less Total Deductions 58,274,610   61,606,360 58,274,610
Total Taxable Value 565,649,314 583,130,337 565,649,314 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
584,045,882 565,649,314 584,045,882 565,649,314 568,221,067 568,221,067


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
18,396,568 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
584,045,882 565,649,314 584,045,882 565,649,314 568,221,067 568,221,067

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