taxes Property Tax Assistance

2021 ISD Summary Worksheet

169-Montague /Montague County

169-910/Forestburg ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	13,176,430	N/A	13,176,430	13,176,430
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	395,990	N/A	395,990	395,990
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,537,815	N/A	4,537,815	4,537,815
D2 - FARM & RANCH IMP	1,095,200	N/A	1,095,200	1,095,200
E - NON-AG LAND AND IMPROVEMENTS	81,484,750	N/A	81,484,750	81,484,750
F1 - COMMERCIAL REAL	1,368,290	N/A	1,368,290	1,368,290
F2 - INDUSTRIAL REAL	33,095,710	N/A	33,095,710	33,095,710
G - ALL MINERALS	31,592,430	N/A	31,592,430	31,592,430
J - ALL UTILITIES	36,609,930	N/A	36,609,930	36,609,930
L1 - COMMERCIAL PERSONAL	412,140	N/A	412,140	412,140
L2 - INDUSTRIAL PERSONAL	1,722,980	N/A	1,722,980	1,722,980
M1 - MOBILE HOMES	2,178,560	N/A	2,178,560	2,178,560
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	207,670,225	0	207,670,225	207,670,225
Less Total Deductions	18,385,140	0	18,385,140	18,385,140
Total Taxable Value	189,285,085	0	189,285,085	189,285,085

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
192,002,928	189,285,085	192,002,928	189,285,085

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,717,843	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
192,002,928	189,285,085	192,002,928	189,285,085

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

169-910-02/Forestburg ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	13,176,430	N/A	13,176,430	13,176,430
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	395,990	N/A	395,990	395,990
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,537,815	N/A	4,537,815	4,537,815
D2 - FARM & RANCH IMP	1,095,200	N/A	1,095,200	1,095,200
E - NON-AG LAND AND IMPROVEMENTS	81,484,750	N/A	81,484,750	81,484,750
F1 - COMMERCIAL REAL	1,368,290	N/A	1,368,290	1,368,290
F2 - INDUSTRIAL REAL	33,095,710	N/A	33,095,710	33,095,710
G - ALL MINERALS	31,592,430	N/A	31,592,430	31,592,430
J - ALL UTILITIES	36,609,930	N/A	36,609,930	36,609,930
L1 - COMMERCIAL PERSONAL	412,140	N/A	412,140	412,140
L2 - INDUSTRIAL PERSONAL	1,722,980	N/A	1,722,980	1,722,980
M1 - MOBILE HOMES	2,178,560	N/A	2,178,560	2,178,560
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	207,670,225		207,670,225	207,670,225
Less Total Deductions	18,385,140		18,385,140	18,385,140
Total Taxable Value	189,285,085		189,285,085	189,285,085

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
192,002,928	189,285,085	192,002,928	189,285,085

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,717,843	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
192,002,928	189,285,085	192,002,928	189,285,085

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