taxes Property Tax Assistance

2023 ISD Summary Worksheet

080-Franklin/Franklin County

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,319,187,236 0.8765 1,505,062,448 1,505,062,448
B - MULTIFAMILY 2,962,298 N/A 2,962,298 2,962,298
C1 - VACANT LOTS 51,731,049 N/A 51,731,049 51,731,049
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,734,878 0.9839 14,975,632 14,975,632
D2 - FARM & RANCH IMP 32,603,900 N/A 32,603,900 32,603,900
E - NON-AG LAND AND IMPROVEMENTS 338,620,478 0.9687 349,561,761 349,561,761
F1 - COMMERCIAL REAL 68,697,249 N/A 68,697,249 68,697,249
F2 - INDUSTRIAL REAL 21,165,060 N/A 21,165,060 21,165,060
G - ALL MINERALS 14,978,830 N/A 14,978,830 14,978,830
J - ALL UTILITIES 79,531,570 N/A 79,531,570 79,531,570
L1 - COMMERCIAL PERSONAL 97,593,090 N/A 97,593,090 97,593,090
L2 - INDUSTRIAL PERSONAL 21,237,290 N/A 21,237,290 21,237,290
M1 - MOBILE HOMES 10,467,490 N/A 10,467,490 10,467,490
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,399,710 N/A 2,399,710 2,399,710
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 2,075,910,128 0 2,272,967,377 2,272,967,377
Less Total Deductions 465,912,467 0 515,935,791 515,935,791
Total Taxable Value 1,609,997,661 0 1,757,031,586 1,757,031,586

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 1,870,938,486 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,757,031,586 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 1,870,938,486 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,757,031,586 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,908,273,486 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,933,163,486 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,820,011,963 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,870,938,486 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,757,031,586 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 1,870,938,486 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,757,031,586 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,908,273,486 T13 plus the loss to the chapter 313 agreement
T16 1,933,163,486 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,820,011,963 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 113,906,900 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 37,335,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 24,890,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

112-Hopkins/Hopkins County

080-901/Mount Vernon ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 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 14,930 N/A 14,930 14,930
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 3,790,460 N/A 3,790,460 3,790,460
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 3,969,024 N/A 3,969,024 3,969,024
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 11,663,653 N/A 11,663,653 11,663,653
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 19,438,067 0 19,438,067 19,438,067
Less Total Deductions 22,128 0 22,128 22,128
Total Taxable Value 19,415,939 0 19,415,939 19,415,939

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 19,415,939 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 19,415,939 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 19,415,939 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 19,415,939 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 19,415,939 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 19,415,939 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 19,415,939 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 19,415,939 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 19,415,939 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 19,415,939 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 19,415,939 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 19,415,939 T13 plus the loss to the chapter 313 agreement
T16 19,415,939 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 19,415,939 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 0 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 0 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 0 Loss to Second Previous Homestead Increase

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 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,319,187,236 0.8765 1,505,062,448 1,505,062,448
B - MULTIFAMILY 2,962,298 N/A 2,962,298 2,962,298
C1 - VACANT LOTS 51,731,049 N/A 51,731,049 51,731,049
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,749,808 0.9839 14,990,562 14,990,562
D2 - FARM & RANCH IMP 32,603,900 N/A 32,603,900 32,603,900
E - NON-AG LAND AND IMPROVEMENTS 342,410,938 0.9690 353,352,221 353,352,221
F1 - COMMERCIAL REAL 68,697,249 N/A 68,697,249 68,697,249
F2 - INDUSTRIAL REAL 21,165,060 N/A 21,165,060 21,165,060
G - ALL MINERALS 14,978,830 N/A 14,978,830 14,978,830
J - ALL UTILITIES 83,500,594 N/A 83,500,594 83,500,594
L1 - COMMERCIAL PERSONAL 97,593,090 N/A 97,593,090 97,593,090
L2 - INDUSTRIAL PERSONAL 32,900,943 N/A 32,900,943 32,900,943
M1 - MOBILE HOMES 10,467,490 N/A 10,467,490 10,467,490
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,399,710 N/A 2,399,710 2,399,710
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 2,095,348,195 2,292,405,444 2,292,405,444
Less Total Deductions 465,934,595 515,957,919 515,957,919
Total Taxable Value 1,629,413,600 1,776,447,525 1,776,447,525

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 1,890,354,425 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,776,447,525 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 1,890,354,425 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,776,447,525 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,927,689,425 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,952,579,425 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,839,427,902 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,890,354,425 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,776,447,525 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 1,890,354,425 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,776,447,525 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,927,689,425 T13 plus the loss to the chapter 313 agreement
T16 1,952,579,425 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,839,427,902 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 113,906,900 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 37,335,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 24,890,000 Loss to Second Previous Homestead Increase