taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

080/Franklin

080-901/Mount Vernon ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 617,093,610 N/A 617,093,610 617,093,610
B. Multi-Family Residences 4,027,500 N/A 4,027,500 4,027,500
C1. Vacant Lots 39,210,220 N/A 39,210,220 39,210,220
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,280,550 N/A 14,280,550 14,280,550
D2. Real Prop Farm & Ranch 21,173,700 N/A 21,173,700 21,173,700
E. Real Prop NonQual Acres 119,982,430 N/A 119,982,430 119,982,430
F1. Commercial Real 42,046,760 N/A 42,046,760 42,046,760
F2. Industrial Real 21,568,020 N/A 21,568,020 21,568,020
G. Oil, Gas, Minerals 33,810,590 N/A 33,810,590 33,810,590
J. Utilities 57,309,020 N/A 57,309,020 57,309,020
L1. Commercial Personal 87,534,220 N/A 87,534,220 87,534,220
L2. Industrial Personal 17,003,980 N/A 17,003,980 17,003,980
M. Other Personal 3,659,570 N/A 3,659,570 3,659,570
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,942,100 N/A 1,942,100 1,942,100
S. Special Inventory 0 N/A 0 0
Subtotal 1,080,642,270 1,080,642,270 1,080,642,270
Less Total Deductions 106,944,249   106,944,249 106,944,249
Total Taxable Value 973,698,021 973,698,021 973,698,021 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
996,497,481 973,698,021 996,497,481 973,698,021 973,698,021 973,698,021


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,799,460 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
996,497,481 973,698,021 996,497,481 973,698,021 973,698,021 973,698,021

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

112/Hopkins

080-901/Mount Vernon ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 139,320 N/A 139,320 139,320
D2. Real Prop Farm & Ranch 18,490 N/A 18,490 18,490
E. Real Prop NonQual Acres 0 N/A 0 0
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 259,824 N/A 259,824 259,824
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 417,634 417,634 417,634
Less Total Deductions 0   0 0
Total Taxable Value 417,634 417,634 417,634 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
417,634 417,634 417,634 417,634 417,634 417,634


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
417,634 417,634 417,634 417,634 417,634 417,634

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

080-901/Mount Vernon ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 617,093,610 N/A 617,093,610 617,093,610
B. Multi-Family Residences 4,027,500 N/A 4,027,500 4,027,500
C1. Vacant Lots 39,210,220 N/A 39,210,220 39,210,220
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,419,870 N/A 14,419,870 14,419,870
D2. Real Prop Farm & Ranch 21,192,190 N/A 21,192,190 21,192,190
E. Real Prop NonQual Acres 119,982,430 N/A 119,982,430 119,982,430
F1. Commercial Real 42,046,760 N/A 42,046,760 42,046,760
F2. Industrial Real 21,568,020 N/A 21,568,020 21,568,020
G. Oil, Gas, Minerals 33,810,590 N/A 33,810,590 33,810,590
J. Utilities 57,568,844 N/A 57,568,844 57,568,844
L1. Commercial Personal 87,534,220 N/A 87,534,220 87,534,220
L2. Industrial Personal 17,003,980 N/A 17,003,980 17,003,980
M. Other Personal 3,659,570 N/A 3,659,570 3,659,570
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,942,100 N/A 1,942,100 1,942,100
S. Special Inventory 0 N/A 0 0
Subtotal 1,081,059,904 1,081,059,904 1,081,059,904
Less Total Deductions 106,944,249   106,944,249 106,944,249
Total Taxable Value 974,115,655 974,115,655 974,115,655 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