taxes Property Tax Assistance

2017 ISD Summary Worksheet

043/Collin

043-908/Melissa ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 852,026,248 N/A 852,026,248 852,026,248
B. Multi-Family Residences 1,475,284 N/A 1,475,284 1,475,284
C1. Vacant Lots 16,151,760 N/A 16,151,760 16,151,760
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,523,720 N/A 1,523,720 1,523,720
D2. Real Prop Farm & Ranch 1,495,513 N/A 1,495,513 1,495,513
E. Real Prop NonQual Acres 83,325,880 N/A 83,325,880 83,325,880
F1. Commercial Real 31,178,973 N/A 31,178,973 31,178,973
F2. Industrial Real 22,350,584 N/A 22,350,584 22,350,584
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,795,958 N/A 10,795,958 10,795,958
L1. Commercial Personal 30,972,932 N/A 30,972,932 30,972,932
L2. Industrial Personal 3,030,467 N/A 3,030,467 3,030,467
M. Other Personal 1,034,566 N/A 1,034,566 1,034,566
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 45,000,574 N/A 45,000,574 45,000,574
S. Special Inventory 1,104,762 N/A 1,104,762 1,104,762
Subtotal 1,101,467,221 1,101,467,221 1,101,467,221
Less Total Deductions 126,249,792   126,249,792 126,249,792
Total Taxable Value 975,217,429 975,217,429 975,217,429 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
999,873,342 975,217,429 999,873,342 975,217,429


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,655,913 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
999,873,342 975,217,429 999,873,342 975,217,429

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