taxes Property Tax Assistance

2022 ISD Summary Worksheet

043-Collin /Collin County

043-908/Melissa ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	2,907,619,406	0.9135	3,182,944,068	2,907,619,406
B - MULTIFAMILY	12,086,579	N/A	12,086,579	12,086,579
C1 - VACANT LOTS	118,688,678	N/A	118,688,678	118,688,678
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,213,003	1.4003	866,217	1,213,003
D2 - FARM & RANCH IMP	2,083,476	N/A	2,083,476	2,083,476
E - NON-AG LAND AND IMPROVEMENTS	148,766,568	N/A	148,766,568	148,766,568
F1 - COMMERCIAL REAL	123,442,767	N/A	123,442,767	123,442,767
F2 - INDUSTRIAL REAL	7,844,548	N/A	7,844,548	7,844,548
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	26,592,514	N/A	26,592,514	26,592,514
L1 - COMMERCIAL PERSONAL	90,782,851	N/A	90,782,851	90,782,851
L2 - INDUSTRIAL PERSONAL	19,757,469	N/A	19,757,469	19,757,469
M1 - MOBILE HOMES	5,037,269	N/A	5,037,269	5,037,269
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	160,035,653	N/A	160,035,653	160,035,653
S - SPECIAL INVENTORY	1,773,399	N/A	1,773,399	1,773,399
Subtotal	3,625,724,180	0	3,900,702,056	3,625,724,180
Less Total Deductions	653,906,362	0	712,146,725	653,906,362
Total Taxable Value	2,971,817,818	0	3,188,555,331	2,971,817,818

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
3,040,464,540	2,971,817,818	3,040,464,540	2,971,817,818	3,088,244,540

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
68,646,722	0	47,780,000

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
3,040,464,540	2,971,817,818	3,040,464,540	2,971,817,818	3,088,244,540

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

043-908-02/Melissa ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	2,907,619,406	0.9135	3,182,944,068	2,907,619,406
B - MULTIFAMILY	12,086,579	N/A	12,086,579	12,086,579
C1 - VACANT LOTS	118,688,678	N/A	118,688,678	118,688,678
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,213,003	1.4003	866,217	1,213,003
D2 - FARM & RANCH IMP	2,083,476	N/A	2,083,476	2,083,476
E - NON-AG LAND AND IMPROVEMENTS	148,766,568	N/A	148,766,568	148,766,568
F1 - COMMERCIAL REAL	123,442,767	N/A	123,442,767	123,442,767
F2 - INDUSTRIAL REAL	7,844,548	N/A	7,844,548	7,844,548
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	26,592,514	N/A	26,592,514	26,592,514
L1 - COMMERCIAL PERSONAL	90,782,851	N/A	90,782,851	90,782,851
L2 - INDUSTRIAL PERSONAL	19,757,469	N/A	19,757,469	19,757,469
M1 - MOBILE HOMES	5,037,269	N/A	5,037,269	5,037,269
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	160,035,653	N/A	160,035,653	160,035,653
S - SPECIAL INVENTORY	1,773,399	N/A	1,773,399	1,773,399
Subtotal	3,625,724,180		3,900,702,056	3,625,724,180
Less Total Deductions	653,906,362		712,146,725	653,906,362
Total Taxable Value	2,971,817,818		3,188,555,331	2,971,817,818

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
3,040,464,540	2,971,817,818	3,040,464,540	2,971,817,818	3,088,244,540

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
68,646,722	0	47,780,000

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
3,040,464,540	2,971,817,818	3,040,464,540	2,971,817,818	3,088,244,540

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