taxes Property Tax Assistance

2016 ISD Summary Worksheet

170/Montgomery

170-907/Splendora ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 507,216,453 .9481 534,982,020 507,216,453
B. Multi-Family Residences 268,610 N/A 268,610 268,610
C1. Vacant Lots 51,033,520 N/A 51,033,520 51,033,520
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,990,042 1.5108 5,288,672 7,990,042
D2. Real Prop Farm & Ranch 130,990 N/A 130,990 130,990
E. Real Prop NonQual Acres 109,444,305 .9556 114,529,411 109,444,305
F1. Commercial Real 32,057,803 N/A 32,057,803 32,057,803
F2. Industrial Real 5,003,750 N/A 5,003,750 5,003,750
G. Oil, Gas, Minerals 14,160 N/A 14,160 14,160
J. Utilities 33,691,410 N/A 33,691,410 33,691,410
L1. Commercial Personal 46,635,065 1.0120 46,082,080 46,635,065
L2. Industrial Personal 25,860,140 N/A 25,860,140 25,860,140
M. Other Personal 15,754,597 N/A 15,754,597 15,754,597
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 384,600 N/A 384,600 384,600
Subtotal 835,485,445 865,081,763 835,485,445
Less Total Deductions 199,104,810   208,761,088 199,104,810
Total Taxable Value 636,380,635 656,320,675 636,380,635 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
661,940,262 636,380,635 661,940,262 636,380,635


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,559,627 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
661,940,262 636,380,635 661,940,262 636,380,635

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