taxes Property Tax Assistance

2016 ISD Summary Worksheet

043/Collin

043-901/Allen ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 8,234,452,523 .9762 8,435,210,534 8,234,452,523
B. Multi-Family Residences 719,119,045 .8257 870,920,486 719,119,045
C1. Vacant Lots 120,774,465 N/A 120,774,465 120,774,465
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 412,773 1.0550 391,261 412,773
D2. Real Prop Farm & Ranch 160,262 N/A 160,262 160,262
E. Real Prop NonQual Acres 120,930,699 N/A 120,930,699 120,930,699
F1. Commercial Real 1,431,667,073 .8992 1,592,156,442 1,431,667,073
F2. Industrial Real 364,658,142 N/A 364,658,142 364,658,142
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 183,056,666 .9159 199,865,341 183,056,666
L1. Commercial Personal 792,952,930 .9994 793,428,987 792,952,930
L2. Industrial Personal 3,047,833 N/A 3,047,833 3,047,833
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 168,273,144 N/A 168,273,144 168,273,144
S. Special Inventory 3,242,485 N/A 3,242,485 3,242,485
Subtotal 12,142,748,040 12,673,060,081 12,142,748,040
Less Total Deductions 1,064,498,597   1,090,906,736 1,064,498,597
Total Taxable Value 11,078,249,443 11,582,153,345 11,078,249,443 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
11,289,512,407 11,078,249,443 11,289,512,407 11,078,249,443


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
211,262,964 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
11,289,512,407 11,078,249,443 11,289,512,407 11,078,249,443

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