taxes Property Tax Assistance

2021 ISD Summary Worksheet

080-Franklin /Franklin County

080-901/Mount Vernon ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	897,319,470	0.9239	971,230,079	971,230,079
B - MULTIFAMILY	3,906,060	N/A	3,906,060	3,906,060
C1 - VACANT LOTS	41,935,410	N/A	41,935,410	41,935,410
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,495,915	1.1417	12,696,728	12,696,728
D2 - FARM & RANCH IMP	23,755,500	N/A	23,755,500	23,755,500
E - NON-AG LAND AND IMPROVEMENTS	170,328,160	0.5985	284,591,746	284,591,746
F1 - COMMERCIAL REAL	51,237,643	N/A	51,237,643	51,237,643
F2 - INDUSTRIAL REAL	20,491,190	N/A	20,491,190	20,491,190
G - ALL MINERALS	2,687,160	N/A	2,687,160	2,687,160
J - ALL UTILITIES	60,926,270	N/A	60,926,270	60,926,270
L1 - COMMERCIAL PERSONAL	74,844,740	1.0036	74,576,265	74,576,265
L2 - INDUSTRIAL PERSONAL	20,814,130	N/A	20,814,130	20,814,130
M1 - MOBILE HOMES	5,383,420	N/A	5,383,420	5,383,420
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	227,090	N/A	227,090	227,090
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	1,388,352,158	0	1,574,458,691	1,574,458,691
Less Total Deductions	143,340,722	0	159,285,516	159,285,516
Total Taxable Value	1,245,011,436	0	1,415,173,175	1,415,173,175

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
1,436,336,410	1,415,173,175	1,436,336,410	1,415,173,175

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
21,163,235	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
1,436,336,410	1,415,173,175	1,436,336,410	1,415,173,175

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

112-Hopkins /Hopkins County

080-901/Mount Vernon ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	0	N/A	0	0
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	163,560	N/A	163,560	163,560
D2 - FARM & RANCH IMP	18,490	N/A	18,490	18,490
E - NON-AG LAND AND IMPROVEMENTS	0	N/A	0	0
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	349,727	N/A	349,727	349,727
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	0	N/A	0	0
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	531,777	0	531,777	531,777
Less Total Deductions	1,895	0	1,895	1,895
Total Taxable Value	529,882	0	529,882	529,882

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
529,882	529,882	529,882	529,882

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
529,882	529,882	529,882	529,882

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	897,319,470	0.9239	971,230,079	971,230,079
B - MULTIFAMILY	3,906,060	N/A	3,906,060	3,906,060
C1 - VACANT LOTS	41,935,410	N/A	41,935,410	41,935,410
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,659,475	1.1399	12,860,288	12,860,288
D2 - FARM & RANCH IMP	23,773,990	N/A	23,773,990	23,773,990
E - NON-AG LAND AND IMPROVEMENTS	170,328,160	0.5985	284,591,746	284,591,746
F1 - COMMERCIAL REAL	51,237,643	N/A	51,237,643	51,237,643
F2 - INDUSTRIAL REAL	20,491,190	N/A	20,491,190	20,491,190
G - ALL MINERALS	2,687,160	N/A	2,687,160	2,687,160
J - ALL UTILITIES	61,275,997	N/A	61,275,997	61,275,997
L1 - COMMERCIAL PERSONAL	74,844,740	1.0036	74,576,265	74,576,265
L2 - INDUSTRIAL PERSONAL	20,814,130	N/A	20,814,130	20,814,130
M1 - MOBILE HOMES	5,383,420	N/A	5,383,420	5,383,420
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	227,090	N/A	227,090	227,090
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	1,388,883,935		1,574,990,468	1,574,990,468
Less Total Deductions	143,342,617		159,287,411	159,287,411
Total Taxable Value	1,245,541,318		1,415,703,057	1,415,703,057

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
1,436,866,292	1,415,703,057	1,436,866,292	1,415,703,057

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
21,163,235	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
1,436,866,292	1,415,703,057	1,436,866,292	1,415,703,057

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