taxes Property Tax Assistance

2017 ISD Summary Worksheet

169/Montague

169-909/Prairie Valley ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 29,679,720 N/A 29,679,720 29,679,720
B. Multi-Family Residences 109,940 N/A 109,940 109,940
C1. Vacant Lots 1,904,930 N/A 1,904,930 1,904,930
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,664,960 N/A 4,664,960 4,664,960
D2. Real Prop Farm & Ranch 613,530 N/A 613,530 613,530
E. Real Prop NonQual Acres 18,113,330 N/A 18,113,330 18,113,330
F1. Commercial Real 354,600 N/A 354,600 354,600
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 22,024,640 N/A 22,024,640 22,024,640
J. Utilities 13,325,950 N/A 13,325,950 13,325,950
L1. Commercial Personal 124,700 N/A 124,700 124,700
L2. Industrial Personal 1,026,810 N/A 1,026,810 1,026,810
M. Other Personal 951,640 N/A 951,640 951,640
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 205,250 N/A 205,250 205,250
S. Special Inventory 0 N/A 0 0
Subtotal 93,100,000 93,100,000 93,100,000
Less Total Deductions 9,404,959   9,404,959 9,404,959
Total Taxable Value 83,695,041 83,695,041 83,695,041 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
85,265,222 83,695,041 85,265,222 83,695,041


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,570,181 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
85,265,222 83,695,041 85,265,222 83,695,041

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