taxes Property Tax Assistance

2017 ISD Summary Worksheet

043/Collin

043-907/McKinney ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 10,446,522,392 N/A 10,446,522,392 10,446,522,392
B. Multi-Family Residences 896,910,714 N/A 896,910,714 896,910,714
C1. Vacant Lots 171,473,029 N/A 171,473,029 171,473,029
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,542,301 N/A 4,542,301 4,542,301
D2. Real Prop Farm & Ranch 3,685,285 N/A 3,685,285 3,685,285
E. Real Prop NonQual Acres 328,713,331 N/A 328,713,331 328,713,331
F1. Commercial Real 1,802,275,017 N/A 1,802,275,017 1,802,275,017
F2. Industrial Real 532,525,488 N/A 532,525,488 532,525,488
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 163,497,038 N/A 163,497,038 163,497,038
L1. Commercial Personal 1,002,820,820 N/A 1,002,820,820 1,002,820,820
L2. Industrial Personal 23,899,825 N/A 23,899,825 23,899,825
M. Other Personal 4,930,698 N/A 4,930,698 4,930,698
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 168,890,843 N/A 168,890,843 168,890,843
S. Special Inventory 84,586,610 N/A 84,586,610 84,586,610
Subtotal 15,635,273,391 15,635,273,391 15,635,273,391
Less Total Deductions 1,716,486,544   1,716,486,544 1,716,486,544
Total Taxable Value 13,918,786,847 13,918,786,847 13,918,786,847 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
14,171,035,120 13,918,786,847 14,171,035,120 13,918,786,847


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
252,248,273 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
14,171,035,120 13,918,786,847 14,171,035,120 13,918,786,847

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