taxes Property Tax Assistance

2016 ISD Summary Worksheet

169/Montague

169-910/Forestburg ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 8,904,080 N/A 8,904,080 8,904,080
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 234,360 N/A 234,360 234,360
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,733,990 1.1591 4,084,128 4,733,990
D2. Real Prop Farm & Ranch 732,980 N/A 732,980 732,980
E. Real Prop NonQual Acres 55,589,530 .9749 57,020,751 55,589,530
F1. Commercial Real 760,490 N/A 760,490 760,490
F2. Industrial Real 53,667,920 N/A 53,667,920 53,667,920
G. Oil, Gas, Minerals 59,235,890 1.0093 58,690,072 59,235,890
J. Utilities 62,044,140 .8715 71,192,358 62,044,140
L1. Commercial Personal 1,427,830 N/A 1,427,830 1,427,830
L2. Industrial Personal 8,673,700 N/A 8,673,700 8,673,700
M. Other Personal 1,371,630 N/A 1,371,630 1,371,630
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 257,376,540 266,760,299 257,376,540
Less Total Deductions 15,746,670   15,746,670 15,746,670
Total Taxable Value 241,629,870 251,013,629 241,629,870 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
244,301,571 241,629,870 244,301,571 241,629,870


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,671,701 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
244,301,571 241,629,870 244,301,571 241,629,870

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