taxes Property Tax Assistance

2016 ISD Summary Worksheet

043/Collin

043-908/Melissa ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 695,730,193 .9648 721,113,384 695,730,193
B. Multi-Family Residences 1,455,970 N/A 1,455,970 1,455,970
C1. Vacant Lots 13,447,424 N/A 13,447,424 13,447,424
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,648,097 1.2815 1,286,078 1,648,097
D2. Real Prop Farm & Ranch 1,428,129 N/A 1,428,129 1,428,129
E. Real Prop NonQual Acres 69,837,464 1.0230 68,267,316 69,837,464
F1. Commercial Real 26,346,202 N/A 26,346,202 26,346,202
F2. Industrial Real 19,156,260 N/A 19,156,260 19,156,260
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,079,974 N/A 10,079,974 10,079,974
L1. Commercial Personal 28,315,400 N/A 28,315,400 28,315,400
L2. Industrial Personal 3,682,790 N/A 3,682,790 3,682,790
M. Other Personal 946,753 N/A 946,753 946,753
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 34,698,601 N/A 34,698,601 34,698,601
S. Special Inventory 341,415 N/A 341,415 341,415
Subtotal 907,114,672 930,565,696 907,114,672
Less Total Deductions 111,499,430   115,729,048 111,499,430
Total Taxable Value 795,615,242 814,836,648 795,615,242 T2

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
818,071,016 795,615,242 818,071,016 795,615,242


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,455,774 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
818,071,016 795,615,242 818,071,016 795,615,242

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