taxes Property Tax Assistance

2018 ISD Summary Worksheet

169-Montague

169-909/Prairie Valley ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	32,860,480	0.9575	34,319,039	32,860,480
B. MULTIFAMILY RESIDENCES	112,940	N/A	112,940	112,940
C1. VACANT LOTS	2,189,100	N/A	2,189,100	2,189,100
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,667,670	1.1241	4,152,365	4,667,670
D2. REAL PROP:FARM & RANCH	559,530	N/A	559,530	559,530
E. REAL PROP NONQUAL ACREAGE	19,696,130	0.9186	21,441,465	19,696,130
F1. COMMERCIAL REAL	423,320	N/A	423,320	423,320
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	21,347,680	0.9965	21,422,659	21,347,680
J. UTILITIES	15,012,890	0.8984	16,710,697	15,012,890
L1. COMMERCIAL PERSONAL	46,680	N/A	46,680	46,680
L2. INDUSTRIAL PERSONAL	1,016,480	N/A	1,016,480	1,016,480
M. MOBILE HOMES	1,128,900	N/A	1,128,900	1,128,900
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	227,630	N/A	227,630	227,630
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	99,289,430	0	103,750,805	99,289,430
Less Total Deductions	10,089,049	0	10,760,644	10,089,049
Total Taxable Value	89,200,381	0	92,990,161	89,200,381

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
90,810,608	89,200,381	90,810,608	89,200,381

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,610,227	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
90,810,608	89,200,381	90,810,608	89,200,381

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

169-909-02/Prairie Valley ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	32,860,480	0.9575	34,319,039	32,860,480
B. MULTIFAMILY RESIDENCES	112,940	N/A	112,940	112,940
C1. VACANT LOTS	2,189,100	N/A	2,189,100	2,189,100
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,667,670	1.1241	4,152,365	4,667,670
D2. REAL PROP:FARM & RANCH	559,530	N/A	559,530	559,530
E. REAL PROP NONQUAL ACREAGE	19,696,130	0.9186	21,441,465	19,696,130
F1. COMMERCIAL REAL	423,320	N/A	423,320	423,320
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	21,347,680	0.9965	21,422,659	21,347,680
J. UTILITIES	15,012,890	0.8984	16,710,697	15,012,890
L1. COMMERCIAL PERSONAL	46,680	N/A	46,680	46,680
L2. INDUSTRIAL PERSONAL	1,016,480	N/A	1,016,480	1,016,480
M. MOBILE HOMES	1,128,900	N/A	1,128,900	1,128,900
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	227,630	N/A	227,630	227,630
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	99,289,430		103,750,805	99,289,430
Less Total Deductions	10,089,049		10,760,644	10,089,049
Total Taxable Value	89,200,381		92,990,161	89,200,381

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
90,810,608	89,200,381	90,810,608	89,200,381

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,610,227	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
90,810,608	89,200,381	90,810,608	89,200,381

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