taxes Property Tax Assistance

2017 ISD Summary Worksheet

225/Titus

225-902/Mount Pleasant ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 533,402,595 1.0250 520,392,776 533,402,595
B. Multi-Family Residences 23,694,665 N/A 23,694,665 23,694,665
C1. Vacant Lots 20,531,623 N/A 20,531,623 20,531,623
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,972,980 1.0133 11,815,878 11,972,980
D2. Real Prop Farm & Ranch 8,875,260 N/A 8,875,260 8,875,260
E. Real Prop NonQual Acres 151,055,959 .9370 161,212,336 151,055,959
F1. Commercial Real 236,125,173 .9142 258,286,122 236,125,173
F2. Industrial Real 409,138,411 N/A 409,138,411 409,138,411
G. Oil, Gas, Minerals 412,520 N/A 412,520 412,520
J. Utilities 85,778,576 1.0621 80,763,182 85,778,576
L1. Commercial Personal 92,265,991 1.0087 91,470,200 92,265,991
L2. Industrial Personal 248,640,230 N/A 248,640,230 248,640,230
M. Other Personal 11,849,974 N/A 11,849,974 11,849,974
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,684,173 N/A 1,684,173 1,684,173
S. Special Inventory 13,567,958 N/A 13,567,958 13,567,958
Subtotal 1,848,996,088 1,862,335,308 1,848,996,088
Less Total Deductions 321,107,967   316,235,140 321,107,967
Total Taxable Value 1,527,888,121 1,546,100,168 1,527,888,121 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
1,567,268,262 1,527,888,121 1,567,268,262 1,527,888,121


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
39,380,141 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
1,567,268,262 1,527,888,121 1,567,268,262 1,527,888,121

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