taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

043/Collin

043-908/Melissa ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 574,768,213 N/A 574,768,213 574,768,213
B. Multi-Family Residences 1,350,503 N/A 1,350,503 1,350,503
C1. Vacant Lots 13,525,522 N/A 13,525,522 13,525,522
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,697,499 N/A 1,697,499 1,697,499
D2. Real Prop Farm & Ranch 1,295,371 N/A 1,295,371 1,295,371
E. Real Prop NonQual Acres 58,553,350 N/A 58,553,350 58,553,350
F1. Commercial Real 22,587,334 N/A 22,587,334 22,587,334
F2. Industrial Real 17,737,259 N/A 17,737,259 17,737,259
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,420,426 N/A 9,420,426 9,420,426
L1. Commercial Personal 32,558,228 N/A 32,558,228 32,558,228
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 915,193 N/A 915,193 915,193
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 21,079,666 N/A 21,079,666 21,079,666
S. Special Inventory 227,205 N/A 227,205 227,205
Subtotal 755,715,769 755,715,769 755,715,769
Less Total Deductions 94,074,569   94,074,569 94,074,569
Total Taxable Value 661,641,200 661,641,200 661,641,200 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
681,871,402 661,641,200 681,871,402 661,641,200


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,230,202 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
681,871,402 661,641,200 681,871,402 661,641,200

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

The PVS found your local value to be valid, and local value was certified