taxes Property Tax Assistance

2019 ISD Summary Worksheet

080-Franklin

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 741,919,610 0.9179 808,279,344 741,919,610
B. MULTIFAMILY RESIDENCES 3,654,660 N/A 3,654,660 3,654,660
C1. VACANT LOTS 43,318,840 N/A 43,318,840 43,318,840
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,455,400 1.1634 12,424,609 14,455,400
D2. REAL PROP:FARM & RANCH 20,649,070 N/A 20,649,070 20,649,070
E. REAL PROP NONQUAL ACREAGE 144,021,990 0.9098 158,300,714 144,021,990
F1. COMMERCIAL REAL 48,368,160 N/A 48,368,160 48,368,160
F2. INDUSTRIAL REAL 21,173,740 N/A 21,173,740 21,173,740
G. OIL,GAS,MINERALS 11,891,290 N/A 11,891,290 11,891,290
J. UTILITIES 66,238,930 N/A 66,238,930 66,238,930
L1. COMMERCIAL PERSONAL 70,370,007 1.0196 69,017,269 70,370,007
L2. INDUSTRIAL PERSONAL 16,942,910 N/A 16,942,910 16,942,910
M. MOBILE HOMES 4,661,950 N/A 4,661,950 4,661,950
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,206,830 N/A 1,206,830 1,206,830
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,208,873,387 0 1,286,128,316 1,208,873,387
Less Total Deductions 129,566,859 0 144,066,439 129,566,859
Total Taxable Value 1,079,306,528 0 1,142,061,877 1,079,306,528

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
1,100,227,558 1,079,306,528 1,100,227,558 1,079,306,528


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,921,030 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
1,100,227,558 1,079,306,528 1,100,227,558 1,079,306,528

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

112-Hopkins

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
D1. QUALIFIED AG LAND 161,610 N/A 161,610 161,610
D2. REAL PROP:FARM & RANCH 18,490 N/A 18,490 18,490
J. UTILITIES 264,379 N/A 264,379 264,379
Subtotal 444,479 0 444,479 444,479
Less Total Deductions 1,767 0 1,767 1,767
Total Taxable Value 442,712 0 442,712 442,712

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
442,712 442,712 442,712 442,712


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
442,712 442,712 442,712 442,712

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

080-901-02/Mount Vernon ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 741,919,610 0.9179 808,279,344 741,919,610
B. MULTIFAMILY RESIDENCES 3,654,660 N/A 3,654,660 3,654,660
C1. VACANT LOTS 43,318,840 N/A 43,318,840 43,318,840
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,617,010 1.1614 12,586,219 14,617,010
D2. REAL PROP:FARM & RANCH 20,667,560 N/A 20,667,560 20,667,560
E. REAL PROP NONQUAL ACREAGE 144,021,990 0.9098 158,300,714 144,021,990
F1. COMMERCIAL REAL 48,368,160 N/A 48,368,160 48,368,160
F2. INDUSTRIAL REAL 21,173,740 N/A 21,173,740 21,173,740
G. OIL,GAS,MINERALS 11,891,290 N/A 11,891,290 11,891,290
J. UTILITIES 66,503,309 N/A 66,503,309 66,503,309
L1. COMMERCIAL PERSONAL 70,370,007 1.0196 69,017,269 70,370,007
L2. INDUSTRIAL PERSONAL 16,942,910 N/A 16,942,910 16,942,910
M. MOBILE HOMES 4,661,950 N/A 4,661,950 4,661,950
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,206,830 N/A 1,206,830 1,206,830
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,209,317,866 1,286,572,795 1,209,317,866
Less Total Deductions 129,568,626 144,068,206 129,568,626
Total Taxable Value 1,079,749,240 1,142,504,589 1,079,749,240

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
1,100,670,270 1,079,749,240 1,100,670,270 1,079,749,240


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
20,921,030 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
1,100,670,270 1,079,749,240 1,100,670,270 1,079,749,240

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