taxes Property Tax Assistance

2020 ISD Summary Worksheet

043-Collin /Collin County

043-907/McKinney ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 12,186,437,701 0.9905 12,303,319,234 12,186,437,701
B - MULTIFAMILY 1,239,714,137 0.7531 1,646,148,104 1,239,714,137
C1 - VACANT LOTS 269,404,440 N/A 269,404,440 269,404,440
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,220,388 1.2750 3,310,003 4,220,388
D2 - FARM & RANCH IMP 4,504,613 N/A 4,504,613 4,504,613
E - NON-AG LAND AND IMPROVEMENTS 357,975,124 0.9603 372,774,262 357,975,124
F1 - COMMERCIAL REAL 2,830,519,382 0.9211 3,072,977,290 2,830,519,382
F2 - INDUSTRIAL REAL 242,634,248 N/A 242,634,248 242,634,248
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 208,910,615 N/A 208,910,615 208,910,615
L1 - COMMERCIAL PERSONAL 1,270,846,815 0.9767 1,301,163,935 1,270,846,815
L2 - INDUSTRIAL PERSONAL 30,108,217 N/A 30,108,217 30,108,217
M1 - MOBILE HOMES 6,082,720 N/A 6,082,720 6,082,720
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 187,306,450 N/A 187,306,450 187,306,450
S - SPECIAL INVENTORY 98,713,874 N/A 98,713,874 98,713,874
Subtotal 18,937,378,724 0 19,747,358,005 18,937,378,724
Less Total Deductions 1,682,560,990 0 1,707,347,064 1,682,560,990
Total Taxable Value 17,254,817,734 0 18,040,010,941 17,254,817,734

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
17,521,670,332 17,254,817,734 17,521,670,332 17,254,817,734


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
266,852,598 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
17,521,670,332 17,254,817,734 17,521,670,332 17,254,817,734

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

043-907-02/McKinney ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 12,186,437,701 0.9905 12,303,319,234 12,186,437,701
B - MULTIFAMILY 1,239,714,137 0.7531 1,646,148,104 1,239,714,137
C1 - VACANT LOTS 269,404,440 N/A 269,404,440 269,404,440
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,220,388 1.2750 3,310,003 4,220,388
D2 - FARM & RANCH IMP 4,504,613 N/A 4,504,613 4,504,613
E - NON-AG LAND AND IMPROVEMENTS 357,975,124 0.9603 372,774,262 357,975,124
F1 - COMMERCIAL REAL 2,830,519,382 0.9211 3,072,977,290 2,830,519,382
F2 - INDUSTRIAL REAL 242,634,248 N/A 242,634,248 242,634,248
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 208,910,615 N/A 208,910,615 208,910,615
L1 - COMMERCIAL PERSONAL 1,270,846,815 0.9767 1,301,163,935 1,270,846,815
L2 - INDUSTRIAL PERSONAL 30,108,217 N/A 30,108,217 30,108,217
M1 - MOBILE HOMES 6,082,720 N/A 6,082,720 6,082,720
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 187,306,450 N/A 187,306,450 187,306,450
S - SPECIAL INVENTORY 98,713,874 N/A 98,713,874 98,713,874
Subtotal 18,937,378,724 19,747,358,005 18,937,378,724
Less Total Deductions 1,682,560,990 1,707,347,064 1,682,560,990
Total Taxable Value 17,254,817,734 18,040,010,941 17,254,817,734

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
17,521,670,332 17,254,817,734 17,521,670,332 17,254,817,734


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
266,852,598 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
17,521,670,332 17,254,817,734 17,521,670,332 17,254,817,734

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