taxes Property Tax Assistance

2022 ISD Summary Worksheet

043-Collin /Collin County

043-912/Prosper ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 13,880,531,896 0.9173 15,131,943,635 13,880,531,896
B - MULTIFAMILY 453,686,280 N/A 453,686,280 453,686,280
C1 - VACANT LOTS 419,743,504 0.8242 509,273,846 419,743,504
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,603,425 1.2553 1,277,371 1,603,425
D2 - FARM & RANCH IMP 1,720,393 N/A 1,720,393 1,720,393
E - NON-AG LAND AND IMPROVEMENTS 164,963,774 N/A 164,963,774 164,963,774
F1 - COMMERCIAL REAL 1,096,345,106 0.8968 1,222,507,924 1,096,345,106
F2 - INDUSTRIAL REAL 15,674,540 N/A 15,674,540 15,674,540
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 118,047,483 N/A 118,047,483 118,047,483
L1 - COMMERCIAL PERSONAL 310,726,328 1.0043 309,395,926 310,726,328
L2 - INDUSTRIAL PERSONAL 1,649,084 N/A 1,649,084 1,649,084
M1 - MOBILE HOMES 1,889,071 N/A 1,889,071 1,889,071
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 428,756,066 N/A 428,756,066 428,756,066
S - SPECIAL INVENTORY 7,081,082 N/A 7,081,082 7,081,082
Subtotal 16,902,418,032 0 18,367,866,475 16,902,418,032
Less Total Deductions 3,177,749,797 0 3,474,161,516 3,177,749,797
Total Taxable Value 13,724,668,235 0 14,893,704,959 13,724,668,235

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 T13
13,981,989,465 13,724,668,235 13,981,989,465 13,724,668,235 14,160,269,465


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
257,321,230 0 178,280,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
13,981,989,465 13,724,668,235 13,981,989,465 13,724,668,235 14,160,269,465

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

061-Denton /Denton County

043-912/Prosper ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 2,681,207,240 N/A 2,681,207,240 2,681,207,240
B - MULTIFAMILY 65,000,000 N/A 65,000,000 65,000,000
C1 - VACANT LOTS 60,590,435 N/A 60,590,435 60,590,435
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 605,300 N/A 605,300 605,300
D2 - FARM & RANCH IMP 269,698 N/A 269,698 269,698
E - NON-AG LAND AND IMPROVEMENTS 35,275,466 N/A 35,275,466 35,275,466
F1 - COMMERCIAL REAL 138,917,167 N/A 138,917,167 138,917,167
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 13,887,430 N/A 13,887,430 13,887,430
L1 - COMMERCIAL PERSONAL 22,312,857 N/A 22,312,857 22,312,857
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 151,249 N/A 151,249 151,249
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 103,029,288 N/A 103,029,288 103,029,288
S - SPECIAL INVENTORY 21,077,725 N/A 21,077,725 21,077,725
Subtotal 3,142,323,855 0 3,142,323,855 3,142,323,855
Less Total Deductions 460,479,400 0 460,479,400 460,479,400
Total Taxable Value 2,681,844,455 0 2,681,844,455 2,681,844,455

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 T13
2,731,690,703 2,681,844,455 2,731,690,703 2,681,844,455 2,766,470,703


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
49,846,248 0 34,780,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
2,731,690,703 2,681,844,455 2,731,690,703 2,681,844,455 2,766,470,703

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

043-912-02/Prosper ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 16,561,739,136 0.9297 17,813,150,875 16,561,739,136
B - MULTIFAMILY 518,686,280 N/A 518,686,280 518,686,280
C1 - VACANT LOTS 480,333,939 0.8429 569,864,281 480,333,939
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,208,725 1.1732 1,882,671 2,208,725
D2 - FARM & RANCH IMP 1,990,091 N/A 1,990,091 1,990,091
E - NON-AG LAND AND IMPROVEMENTS 200,239,240 N/A 200,239,240 200,239,240
F1 - COMMERCIAL REAL 1,235,262,273 0.9073 1,361,425,091 1,235,262,273
F2 - INDUSTRIAL REAL 15,674,540 N/A 15,674,540 15,674,540
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 131,934,913 N/A 131,934,913 131,934,913
L1 - COMMERCIAL PERSONAL 333,039,185 1.0040 331,708,783 333,039,185
L2 - INDUSTRIAL PERSONAL 1,649,084 N/A 1,649,084 1,649,084
M1 - MOBILE HOMES 2,040,320 N/A 2,040,320 2,040,320
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 531,785,354 N/A 531,785,354 531,785,354
S - SPECIAL INVENTORY 28,158,807 N/A 28,158,807 28,158,807
Subtotal 20,044,741,887 21,510,190,330 20,044,741,887
Less Total Deductions 3,638,229,197 3,934,640,916 3,638,229,197
Total Taxable Value 16,406,512,690 17,575,549,414 16,406,512,690

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 T13
16,713,680,168 16,406,512,690 16,713,680,168 16,406,512,690 16,926,740,168


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
307,167,478 0 213,060,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
16,713,680,168 16,406,512,690 16,713,680,168 16,406,512,690 16,926,740,168

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement