taxes Property Tax Assistance

2016 ISD Summary Worksheet

043/Collin

043-910/Plano ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 27,854,252,291 .9780 28,480,830,563 27,854,252,291
B. Multi-Family Residences 4,377,860,216 .8727 5,016,454,928 4,377,860,216
C1. Vacant Lots 242,180,957 .9731 248,875,714 242,180,957
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 711,210 1.1200 634,982 711,210
D2. Real Prop Farm & Ranch 1,899,524 N/A 1,899,524 1,899,524
E. Real Prop NonQual Acres 269,548,301 .9231 292,003,359 269,548,301
F1. Commercial Real 9,863,474,797 .9548 10,330,409,297 9,863,474,797
F2. Industrial Real 1,900,405,953 N/A 1,900,405,953 1,900,405,953
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 512,908,899 .9073 565,313,456 512,908,899
L1. Commercial Personal 3,843,378,078 1.0113 3,800,433,183 3,843,378,078
L2. Industrial Personal 112,837,879 N/A 112,837,879 112,837,879
M. Other Personal 4,909,462 N/A 4,909,462 4,909,462
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 140,237,335 N/A 140,237,335 140,237,335
S. Special Inventory 140,085,183 N/A 140,085,183 140,085,183
Subtotal 49,264,690,085 51,035,330,818 49,264,690,085
Less Total Deductions 4,788,280,955   4,935,284,295 4,788,280,955
Total Taxable Value 44,476,409,130 46,100,046,523 44,476,409,130 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
45,164,702,386 44,476,409,130 45,164,702,386 44,476,409,130


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
688,293,256 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
45,164,702,386 44,476,409,130 45,164,702,386 44,476,409,130

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