taxes Property Tax Assistance

2022 ISD Summary Worksheet

225-Titus/Titus County

225-902/Mount Pleasant ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	788,386,167	N/A	788,386,167	788,386,167
B - MULTIFAMILY	49,625,735	N/A	49,625,735	49,625,735
C1 - VACANT LOTS	29,670,297	N/A	29,670,297	29,670,297
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,882,122	N/A	13,882,122	13,882,122
D2 - FARM & RANCH IMP	11,989,140	N/A	11,989,140	11,989,140
E - NON-AG LAND AND IMPROVEMENTS	376,423,882	N/A	376,423,882	376,423,882
F1 - COMMERCIAL REAL	328,241,040	N/A	328,241,040	328,241,040
F2 - INDUSTRIAL REAL	118,290,753	N/A	118,290,753	118,290,753
G - ALL MINERALS	816,212	N/A	816,212	816,212
J - ALL UTILITIES	100,309,123	N/A	100,309,123	100,309,123
L1 - COMMERCIAL PERSONAL	108,075,539	N/A	108,075,539	108,075,539
L2 - INDUSTRIAL PERSONAL	389,447,195	N/A	389,447,195	389,447,195
M1 - MOBILE HOMES	20,006,794	N/A	20,006,794	20,006,794
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	870,401	N/A	870,401	870,401
S - SPECIAL INVENTORY	18,510,813	N/A	18,510,813	18,510,813
Subtotal	2,354,545,213	0	2,354,545,213	2,354,545,213
Less Total Deductions	499,795,503	0	499,795,503	499,795,503
Total Taxable Value	1,854,749,710	0	1,854,749,710	1,854,749,710

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	T13
1,913,117,692	1,854,749,710	1,839,199,196	1,780,831,214	1,960,957,692

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
58,367,982	73,918,496	47,840,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
1,913,117,692	1,854,749,710	1,839,199,196	1,780,831,214	1,960,957,692

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	788,386,167	N/A	788,386,167	788,386,167
B - MULTIFAMILY	49,625,735	N/A	49,625,735	49,625,735
C1 - VACANT LOTS	29,670,297	N/A	29,670,297	29,670,297
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,882,122	N/A	13,882,122	13,882,122
D2 - FARM & RANCH IMP	11,989,140	N/A	11,989,140	11,989,140
E - NON-AG LAND AND IMPROVEMENTS	376,423,882	N/A	376,423,882	376,423,882
F1 - COMMERCIAL REAL	328,241,040	N/A	328,241,040	328,241,040
F2 - INDUSTRIAL REAL	118,290,753	N/A	118,290,753	118,290,753
G - ALL MINERALS	816,212	N/A	816,212	816,212
J - ALL UTILITIES	100,309,123	N/A	100,309,123	100,309,123
L1 - COMMERCIAL PERSONAL	108,075,539	N/A	108,075,539	108,075,539
L2 - INDUSTRIAL PERSONAL	389,447,195	N/A	389,447,195	389,447,195
M1 - MOBILE HOMES	20,006,794	N/A	20,006,794	20,006,794
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	870,401	N/A	870,401	870,401
S - SPECIAL INVENTORY	18,510,813	N/A	18,510,813	18,510,813
Subtotal	2,354,545,213		2,354,545,213	2,354,545,213
Less Total Deductions	499,795,503		499,795,503	499,795,503
Total Taxable Value	1,854,749,710		1,854,749,710	1,854,749,710

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	T13
1,913,117,692	1,854,749,710	1,839,199,196	1,780,831,214	1,960,957,692

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
58,367,982	73,918,496	47,840,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
1,913,117,692	1,854,749,710	1,839,199,196	1,780,831,214	1,960,957,692

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement