taxes Property Tax Assistance

2021 ISD Summary Worksheet

225-Titus /Titus County

225-902/Mount Pleasant ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 632,341,869 0.9857 641,515,541 632,341,869
B - MULTIFAMILY 38,920,927 N/A 38,920,927 38,920,927
C1 - VACANT LOTS 24,674,764 N/A 24,674,764 24,674,764
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,868,326 1.0408 14,285,600 14,868,326
D2 - FARM & RANCH IMP 11,665,538 N/A 11,665,538 11,665,538
E - NON-AG LAND AND IMPROVEMENTS 305,360,117 0.9669 315,813,545 305,360,117
F1 - COMMERCIAL REAL 292,353,213 0.8778 333,052,191 292,353,213
F2 - INDUSTRIAL REAL 95,558,454 N/A 95,558,454 95,558,454
G - ALL MINERALS 556,349 N/A 556,349 556,349
J - ALL UTILITIES 99,019,346 0.9734 101,725,237 99,019,346
L1 - COMMERCIAL PERSONAL 115,856,891 1.0412 111,272,465 115,856,891
L2 - INDUSTRIAL PERSONAL 290,295,454 N/A 290,295,454 290,295,454
M1 - MOBILE HOMES 16,078,651 N/A 16,078,651 16,078,651
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 819,207 N/A 819,207 819,207
S - SPECIAL INVENTORY 17,428,063 N/A 17,428,063 17,428,063
Subtotal 1,955,797,169 0 2,013,661,986 1,955,797,169
Less Total Deductions 331,708,890 0 335,653,179 331,708,890
Total Taxable Value 1,624,088,279 0 1,678,008,807 1,624,088,279

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
1,664,540,852 1,624,088,279 1,603,142,447 1,562,689,874


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,452,573 61,398,405


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
1,664,540,852 1,624,088,279 1,603,142,447 1,562,689,874

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

225-902-02/Mount Pleasant ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 632,341,869 0.9857 641,515,541 632,341,869
B - MULTIFAMILY 38,920,927 N/A 38,920,927 38,920,927
C1 - VACANT LOTS 24,674,764 N/A 24,674,764 24,674,764
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,868,326 1.0408 14,285,600 14,868,326
D2 - FARM & RANCH IMP 11,665,538 N/A 11,665,538 11,665,538
E - NON-AG LAND AND IMPROVEMENTS 305,360,117 0.9669 315,813,545 305,360,117
F1 - COMMERCIAL REAL 292,353,213 0.8778 333,052,191 292,353,213
F2 - INDUSTRIAL REAL 95,558,454 N/A 95,558,454 95,558,454
G - ALL MINERALS 556,349 N/A 556,349 556,349
J - ALL UTILITIES 99,019,346 0.9734 101,725,237 99,019,346
L1 - COMMERCIAL PERSONAL 115,856,891 1.0412 111,272,465 115,856,891
L2 - INDUSTRIAL PERSONAL 290,295,454 N/A 290,295,454 290,295,454
M1 - MOBILE HOMES 16,078,651 N/A 16,078,651 16,078,651
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 819,207 N/A 819,207 819,207
S - SPECIAL INVENTORY 17,428,063 N/A 17,428,063 17,428,063
Subtotal 1,955,797,169 2,013,661,986 1,955,797,169
Less Total Deductions 331,708,890 335,653,179 331,708,890
Total Taxable Value 1,624,088,279 1,678,008,807 1,624,088,279

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
1,664,540,852 1,624,088,279 1,603,142,447 1,562,689,874


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
40,452,573 61,398,405


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
1,664,540,852 1,624,088,279 1,603,142,447 1,562,689,874

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