taxes Property Tax Assistance

2022 ISD Summary Worksheet

169-Montague /Montague County

169-902/Nocona ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	228,091,560	0.9409	242,418,493	228,091,560
B - MULTIFAMILY	4,796,023	N/A	4,796,023	4,796,023
C1 - VACANT LOTS	17,117,690	N/A	17,117,690	17,117,690
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,491,280	1.2159	4,516,392	5,491,280
D2 - FARM & RANCH IMP	1,370,550	N/A	1,370,550	1,370,550
E - NON-AG LAND AND IMPROVEMENTS	120,465,320	0.9738	123,706,428	120,465,320
F1 - COMMERCIAL REAL	32,135,040	1.0047	31,984,712	32,135,040
F2 - INDUSTRIAL REAL	1,738,720	N/A	1,738,720	1,738,720
G - ALL MINERALS	7,169,360	N/A	7,169,360	7,169,360
J - ALL UTILITIES	38,698,030	0.9577	40,407,257	38,698,030
L1 - COMMERCIAL PERSONAL	7,717,358	N/A	7,717,358	7,717,358
L2 - INDUSTRIAL PERSONAL	5,007,730	N/A	5,007,730	5,007,730
M1 - MOBILE HOMES	4,814,460	N/A	4,814,460	4,814,460
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	923,580	N/A	923,580	923,580
S - SPECIAL INVENTORY	166,630	N/A	166,630	166,630
Subtotal	475,703,331	0	493,855,383	475,703,331
Less Total Deductions	98,445,660	0	105,517,350	98,445,660
Total Taxable Value	377,257,671	0	388,338,033	377,257,671

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
391,061,210	377,257,671	391,061,210	377,257,671	403,501,210

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
13,803,539	0	12,440,000

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
391,061,210	377,257,671	391,061,210	377,257,671	403,501,210

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

169-902-02/Nocona ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	228,091,560	0.9409	242,418,493	228,091,560
B - MULTIFAMILY	4,796,023	N/A	4,796,023	4,796,023
C1 - VACANT LOTS	17,117,690	N/A	17,117,690	17,117,690
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,491,280	1.2159	4,516,392	5,491,280
D2 - FARM & RANCH IMP	1,370,550	N/A	1,370,550	1,370,550
E - NON-AG LAND AND IMPROVEMENTS	120,465,320	0.9738	123,706,428	120,465,320
F1 - COMMERCIAL REAL	32,135,040	1.0047	31,984,712	32,135,040
F2 - INDUSTRIAL REAL	1,738,720	N/A	1,738,720	1,738,720
G - ALL MINERALS	7,169,360	N/A	7,169,360	7,169,360
J - ALL UTILITIES	38,698,030	0.9577	40,407,257	38,698,030
L1 - COMMERCIAL PERSONAL	7,717,358	N/A	7,717,358	7,717,358
L2 - INDUSTRIAL PERSONAL	5,007,730	N/A	5,007,730	5,007,730
M1 - MOBILE HOMES	4,814,460	N/A	4,814,460	4,814,460
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	923,580	N/A	923,580	923,580
S - SPECIAL INVENTORY	166,630	N/A	166,630	166,630
Subtotal	475,703,331		493,855,383	475,703,331
Less Total Deductions	98,445,660		105,517,350	98,445,660
Total Taxable Value	377,257,671		388,338,033	377,257,671

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
391,061,210	377,257,671	391,061,210	377,257,671	403,501,210

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
13,803,539	0	12,440,000

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
391,061,210	377,257,671	391,061,210	377,257,671	403,501,210

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