taxes Property Tax Assistance

2016 ISD Summary Worksheet

169/Montague

169-908/Montague ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 10,135,860 .9662 10,490,437 10,135,860
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 220,430 N/A 220,430 220,430
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,045,650 1.1341 922,048 1,045,650
D2. Real Prop Farm & Ranch 159,660 N/A 159,660 159,660
E. Real Prop NonQual Acres 17,241,310 .9488 18,171,701 17,241,310
F1. Commercial Real 1,348,770 N/A 1,348,770 1,348,770
F2. Industrial Real 63,020 N/A 63,020 63,020
G. Oil, Gas, Minerals 2,328,190 .9563 2,434,581 2,328,190
J. Utilities 4,098,030 .9938 4,123,596 4,098,030
L1. Commercial Personal 628,810 N/A 628,810 628,810
L2. Industrial Personal 2,589,060 N/A 2,589,060 2,589,060
M. Other Personal 488,090 N/A 488,090 488,090
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 40,346,880 41,640,203 40,346,880
Less Total Deductions 6,434,532   6,690,606 6,434,532
Total Taxable Value 33,912,348 34,949,597 33,912,348 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
35,307,218 33,912,348 35,307,218 33,912,348


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,394,870 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
35,307,218 33,912,348 35,307,218 33,912,348

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