taxes Property Tax Assistance

2016 ISD Summary Worksheet

225/Titus

225-902/Mount Pleasant ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 500,307,090 N/A 500,307,090 500,307,090
B. Multi-Family Residences 24,649,842 N/A 24,649,842 24,649,842
C1. Vacant Lots 18,963,796 N/A 18,963,796 18,963,796
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,285,489 N/A 10,285,489 10,285,489
D2. Real Prop Farm & Ranch 8,908,139 N/A 8,908,139 8,908,139
E. Real Prop NonQual Acres 144,372,032 N/A 144,372,032 144,372,032
F1. Commercial Real 222,074,686 N/A 222,074,686 222,074,686
F2. Industrial Real 428,508,453 N/A 428,508,453 428,508,453
G. Oil, Gas, Minerals 742,210 N/A 742,210 742,210
J. Utilities 92,217,744 N/A 92,217,744 92,217,744
L1. Commercial Personal 90,074,698 N/A 90,074,698 90,074,698
L2. Industrial Personal 263,796,556 N/A 263,796,556 263,796,556
M. Other Personal 11,173,965 N/A 11,173,965 11,173,965
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,641,489 N/A 2,641,489 2,641,489
S. Special Inventory 10,687,405 N/A 10,687,405 10,687,405
Subtotal 1,829,403,594 1,829,403,594 1,829,403,594
Less Total Deductions 312,936,717   312,936,717 312,936,717
Total Taxable Value 1,516,466,877 1,516,466,877 1,516,466,877 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
1,556,169,086 1,516,466,877 1,556,169,086 1,516,466,877


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
39,702,209 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
1,556,169,086 1,516,466,877 1,556,169,086 1,516,466,877

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