taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

043/Collin

043-910/Plano ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 22,701,025,827 .9509 23,873,199,944 22,701,025,827
B. Multi-Family Residences 3,277,400,872 .8891 3,686,200,508 3,277,400,872
C1. Vacant Lots 239,026,000 N/A 239,026,000 239,026,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 852,693 1.0538 809,140 852,693
D2. Real Prop Farm & Ranch 2,101,855 N/A 2,101,855 2,101,855
E. Real Prop NonQual Acres 274,784,070 1.0190 269,660,520 274,784,070
F1. Commercial Real 8,201,158,257 .9683 8,469,646,036 8,201,158,257
F2. Industrial Real 1,719,030,781 N/A 1,719,030,781 1,719,030,781
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 489,372,580 .9296 526,433,498 489,372,580
L1. Commercial Personal 3,426,529,440 .9996 3,427,900,600 3,426,529,440
L2. Industrial Personal 123,616,277 N/A 123,616,277 123,616,277
M. Other Personal 4,783,806 N/A 4,783,806 4,783,806
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 91,571,153 N/A 91,571,153 91,571,153
S. Special Inventory 139,304,217 N/A 139,304,217 139,304,217
Subtotal 40,690,557,828 42,573,284,335 40,690,557,828
Less Total Deductions 3,198,259,963   3,428,198,569 3,198,259,963
Total Taxable Value 37,492,297,865 39,145,085,766 37,492,297,865 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
38,169,002,343 37,492,297,865 38,169,002,343 37,492,297,865 37,677,291,857 37,677,291,857


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
676,704,478 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
38,593,559,423 37,916,854,945 38,593,559,423 37,916,854,945 38,101,848,937 38,101,848,937

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