taxes Property Tax Assistance

2018 ISD Summary Worksheet

043-Collin

043-907/McKinney ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 11,318,637,966 0.9824 11,521,414,868 11,318,637,966
B. MULTIFAMILY RESIDENCES 1,005,908,936 0.8902 1,129,980,831 1,005,908,936
C1. VACANT LOTS 165,380,524 N/A 165,380,524 165,380,524
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,336,802 1.2605 3,440,427 4,336,802
D2. REAL PROP:FARM & RANCH 3,899,956 N/A 3,899,956 3,899,956
E. REAL PROP NONQUAL ACREAGE 351,035,024 0.9794 358,418,444 351,035,024
F1. COMMERCIAL REAL 2,016,933,403 0.9335 2,160,614,251 2,016,933,403
F2. INDUSTRIAL REAL 580,505,618 N/A 580,505,618 580,505,618
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 179,954,795 N/A 179,954,795 179,954,795
L1. COMMERCIAL PERSONAL 1,068,684,342 0.9855 1,084,408,262 1,068,684,342
L2. INDUSTRIAL PERSONAL 25,722,739 N/A 25,722,739 25,722,739
M. MOBILE HOMES 5,037,982 N/A 5,037,982 5,037,982
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 179,993,433 N/A 179,993,433 179,993,433
S. SPECIAL INVENTORY 83,983,754 N/A 83,983,754 83,983,754
Subtotal 16,990,015,274 0 17,482,755,884 16,990,015,274
Less Total Deductions 1,785,140,482 0 1,826,517,995 1,785,140,482
Total Taxable Value 15,204,874,792 0 15,656,237,889 15,204,874,792

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
15,463,720,269 15,204,874,792 15,463,720,269 15,204,874,792


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
258,845,477 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
15,463,720,269 15,204,874,792 15,463,720,269 15,204,874,792

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

043-907-02/McKinney ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 11,318,637,966 0.9824 11,521,414,868 11,318,637,966
B. MULTIFAMILY RESIDENCES 1,005,908,936 0.8902 1,129,980,831 1,005,908,936
C1. VACANT LOTS 165,380,524 N/A 165,380,524 165,380,524
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,336,802 1.2605 3,440,427 4,336,802
D2. REAL PROP:FARM & RANCH 3,899,956 N/A 3,899,956 3,899,956
E. REAL PROP NONQUAL ACREAGE 351,035,024 0.9794 358,418,444 351,035,024
F1. COMMERCIAL REAL 2,016,933,403 0.9335 2,160,614,251 2,016,933,403
F2. INDUSTRIAL REAL 580,505,618 N/A 580,505,618 580,505,618
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 179,954,795 N/A 179,954,795 179,954,795
L1. COMMERCIAL PERSONAL 1,068,684,342 0.9855 1,084,408,262 1,068,684,342
L2. INDUSTRIAL PERSONAL 25,722,739 N/A 25,722,739 25,722,739
M. MOBILE HOMES 5,037,982 N/A 5,037,982 5,037,982
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 179,993,433 N/A 179,993,433 179,993,433
S. SPECIAL INVENTORY 83,983,754 N/A 83,983,754 83,983,754
Subtotal 16,990,015,274 17,482,755,884 16,990,015,274
Less Total Deductions 1,785,140,482 1,826,517,995 1,785,140,482
Total Taxable Value 15,204,874,792 15,656,237,889 15,204,874,792

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
15,463,720,269 15,204,874,792 15,463,720,269 15,204,874,792


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
258,845,477 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
15,463,720,269 15,204,874,792 15,463,720,269 15,204,874,792

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