taxes Property Tax Assistance

2017 ISD Summary Worksheet

169/Montague

169-902/Nocona ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 125,502,400 N/A 125,502,400 125,502,400
B. Multi-Family Residences 3,781,160 N/A 3,781,160 3,781,160
C1. Vacant Lots 4,610,120 N/A 4,610,120 4,610,120
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,773,760 N/A 5,773,760 5,773,760
D2. Real Prop Farm & Ranch 676,270 N/A 676,270 676,270
E. Real Prop NonQual Acres 66,737,240 N/A 66,737,240 66,737,240
F1. Commercial Real 24,513,520 N/A 24,513,520 24,513,520
F2. Industrial Real 974,220 N/A 974,220 974,220
G. Oil, Gas, Minerals 6,369,360 N/A 6,369,360 6,369,360
J. Utilities 23,640,240 N/A 23,640,240 23,640,240
L1. Commercial Personal 5,929,100 N/A 5,929,100 5,929,100
L2. Industrial Personal 4,456,010 N/A 4,456,010 4,456,010
M. Other Personal 2,118,650 N/A 2,118,650 2,118,650
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 417,200 N/A 417,200 417,200
S. Special Inventory 132,050 N/A 132,050 132,050
Subtotal 275,631,300 275,631,300 275,631,300
Less Total Deductions 44,938,747   44,938,747 44,938,747
Total Taxable Value 230,692,553 230,692,553 230,692,553 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
240,500,400 230,692,553 240,500,400 230,692,553


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,807,847 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
240,500,400 230,692,553 240,500,400 230,692,553

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