taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

080/Franklin

080-901/Mount Vernon ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 623,866,370 .9631 647,769,048 623,866,370
B. Multi-Family Residences 3,783,560 N/A 3,783,560 3,783,560
C1. Vacant Lots 39,241,590 N/A 39,241,590 39,241,590
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,258,620 1.2393 11,505,150 14,258,620
D2. Real Prop Farm & Ranch 20,966,930 N/A 20,966,930 20,966,930
E. Real Prop NonQual Acres 121,115,890 .9637 125,678,001 121,115,890
F1. Commercial Real 43,070,880 N/A 43,070,880 43,070,880
F2. Industrial Real 21,556,340 N/A 21,556,340 21,556,340
G. Oil, Gas, Minerals 29,602,890 N/A 29,602,890 29,602,890
J. Utilities 54,288,290 .7851 69,148,249 54,288,290
L1. Commercial Personal 89,489,430 .9992 89,561,079 89,489,430
L2. Industrial Personal 18,145,270 N/A 18,145,270 18,145,270
M. Other Personal 3,551,460 N/A 3,551,460 3,551,460
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,969,780 N/A 1,969,780 1,969,780
S. Special Inventory 0 N/A 0 0
Subtotal 1,084,907,300 1,125,550,227 1,084,907,300
Less Total Deductions 120,499,816   125,799,507 120,499,816
Total Taxable Value 964,407,484 999,750,720 964,407,484 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
985,576,374 964,407,484 985,576,374 964,407,484


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,168,890 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
985,576,374 964,407,484 985,576,374 964,407,484

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

112/Hopkins

080-901/Mount Vernon ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 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) 147,480 N/A 147,480 147,480
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 263,654 N/A 263,654 263,654
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 429,624 429,624 429,624
Less Total Deductions 0   0 0
Total Taxable Value 429,624 429,624 429,624 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
429,624 429,624 429,624 429,624


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

Value Taxable For I&S Purposes

T7 T8 T9 T10
429,624 429,624 429,624 429,624

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

080-901/Mount Vernon ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 623,866,370 .9631 647,769,048 623,866,370
B. Multi-Family Residences 3,783,560 N/A 3,783,560 3,783,560
C1. Vacant Lots 39,241,590 N/A 39,241,590 39,241,590
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,406,100 1.2363 11,652,630 14,406,100
D2. Real Prop Farm & Ranch 20,985,420 N/A 20,985,420 20,985,420
E. Real Prop NonQual Acres 121,115,890 .9637 125,678,001 121,115,890
F1. Commercial Real 43,070,880 N/A 43,070,880 43,070,880
F2. Industrial Real 21,556,340 N/A 21,556,340 21,556,340
G. Oil, Gas, Minerals 29,602,890 N/A 29,602,890 29,602,890
J. Utilities 54,551,944 .7859 69,411,903 54,551,944
L1. Commercial Personal 89,489,430 .9992 89,561,079 89,489,430
L2. Industrial Personal 18,145,270 N/A 18,145,270 18,145,270
M. Other Personal 3,551,460 N/A 3,551,460 3,551,460
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,969,780 N/A 1,969,780 1,969,780
S. Special Inventory 0 N/A 0 0
Subtotal 1,085,336,924 1,125,979,851 1,085,336,924
Less Total Deductions 120,499,816   125,799,507 120,499,816
Total Taxable Value 964,837,108 1,000,180,344 964,837,108 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