043-Collin/Collin County
043-919/Lovejoy ISD
| Category |
Local Tax Roll Value |
2022 WTD Mean Ratio |
2022 PTAD Value Estimate |
2022 Value Assigned |
| A - SINGLE-FAMILY |
4,354,650,068 |
0.9457 |
4,604,684,433 |
4,354,650,068 |
| B - MULTIFAMILY |
42,080,125 |
N/A |
42,080,125 |
42,080,125 |
| C1 - VACANT LOTS |
43,750,261 |
N/A |
43,750,261 |
43,750,261 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
134,247 |
0.9931 |
135,179 |
134,247 |
| D2 - FARM & RANCH IMP |
1,039,503 |
N/A |
1,039,503 |
1,039,503 |
| E - NON-AG LAND AND IMPROVEMENTS |
117,137,390 |
N/A |
117,137,390 |
117,137,390 |
| F1 - COMMERCIAL REAL |
20,537,534 |
N/A |
20,537,534 |
20,537,534 |
| F2 - INDUSTRIAL REAL |
1,044,473 |
N/A |
1,044,473 |
1,044,473 |
| G - ALL MINERALS |
0 |
N/A |
0 |
0 |
| J - ALL UTILITIES |
15,866,569 |
N/A |
15,866,569 |
15,866,569 |
| L1 - COMMERCIAL PERSONAL |
8,314,585 |
N/A |
8,314,585 |
8,314,585 |
| L2 - INDUSTRIAL PERSONAL |
1,216,937 |
N/A |
1,216,937 |
1,216,937 |
| M1 - MOBILE HOMES |
291,702 |
N/A |
291,702 |
291,702 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
23,289,483 |
N/A |
23,289,483 |
23,289,483 |
| S - SPECIAL INVENTORY |
0 |
N/A |
0 |
0 |
| Subtotal |
4,629,352,877 |
0 |
4,879,388,174 |
4,629,352,877 |
| Less Total Deductions |
1,059,500,363 |
0 |
1,147,500,824 |
1,059,500,363 |
| Total Taxable Value |
3,569,852,514 |
0 |
3,731,887,350 |
3,569,852,514 |
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
| Measure | Value | Description |
|---|
| T1 |
3,638,761,906 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
3,569,852,514 |
School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction |
| T3 |
3,638,761,906 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
3,569,852,514 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
3,685,661,906 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
VALUE TAXABLE FOR I&S PURPOSES
| Measure | Value | Description |
|---|
| T7 |
3,638,761,906 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
3,569,852,514 |
School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction |
| T9 |
3,638,761,906 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
3,569,852,514 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
3,685,661,906 |
T13 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
68,909,392 |
Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD |
0 |
50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD |
46,900,000 |
Loss to the previous increase in the state-mandated homestead |
THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD
043-919-02/Lovejoy ISD
| Category |
Local Tax Roll Value |
2022 WTD Mean Ratio |
2022 PTAD Value Estimate |
2022 Value Assigned |
| A - SINGLE-FAMILY |
4,354,650,068 |
0.9457 |
4,604,684,433 |
4,354,650,068 |
| B - MULTIFAMILY |
42,080,125 |
N/A |
42,080,125 |
42,080,125 |
| C1 - VACANT LOTS |
43,750,261 |
N/A |
43,750,261 |
43,750,261 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
134,247 |
0.9931 |
135,179 |
134,247 |
| D2 - FARM & RANCH IMP |
1,039,503 |
N/A |
1,039,503 |
1,039,503 |
| E - NON-AG LAND AND IMPROVEMENTS |
117,137,390 |
N/A |
117,137,390 |
117,137,390 |
| F1 - COMMERCIAL REAL |
20,537,534 |
N/A |
20,537,534 |
20,537,534 |
| F2 - INDUSTRIAL REAL |
1,044,473 |
N/A |
1,044,473 |
1,044,473 |
| G - ALL MINERALS |
0 |
N/A |
0 |
0 |
| J - ALL UTILITIES |
15,866,569 |
N/A |
15,866,569 |
15,866,569 |
| L1 - COMMERCIAL PERSONAL |
8,314,585 |
N/A |
8,314,585 |
8,314,585 |
| L2 - INDUSTRIAL PERSONAL |
1,216,937 |
N/A |
1,216,937 |
1,216,937 |
| M1 - MOBILE HOMES |
291,702 |
N/A |
291,702 |
291,702 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
23,289,483 |
N/A |
23,289,483 |
23,289,483 |
| S - SPECIAL INVENTORY |
0 |
N/A |
0 |
0 |
| Subtotal |
4,629,352,877 |
|
4,879,388,174 |
4,629,352,877 |
| Less Total Deductions |
1,059,500,363 |
|
1,147,500,824 |
1,059,500,363 |
| Total Taxable Value |
3,569,852,514 |
|
3,731,887,350 |
3,569,852,514 |
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
| Measure | Value | Description |
|---|
| T1 |
3,638,761,906 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
3,569,852,514 |
School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction |
| T3 |
3,638,761,906 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
3,569,852,514 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
3,685,661,906 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
VALUE TAXABLE FOR I&S PURPOSES
| Measure | Value | Description |
|---|
| T7 |
3,638,761,906 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
3,569,852,514 |
School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction |
| T9 |
3,638,761,906 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
3,569,852,514 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
3,685,661,906 |
T13 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
68,909,392 |
Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD |
0 |
50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD |
46,900,000 |
Loss to the previous increase in the state-mandated homestead |
