taxes Property Tax Assistance

2022 Deduction Detail

170-Montgomery /Montgomery County

170-906/Magnolia ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 674,447,584 674,447,584 674,447,584
Homestead - State-Mandated Over-65 or Disabled $10,000 61,169,425 61,169,425 61,169,425
Homestead - 100% Disabled or Unemployable Veterans 102,095,028 102,095,028 102,095,028
Homestead - Disabled Veterans and Surviving Spouse 5,422,413 5,422,413 5,422,413
Homestead - Over-65 or Disabled Freeze Loss 334,966,440 372,401,848 334,966,440
Homestead - 10% Appraisal Cap Loss 1,308,021,858 1,331,455,474 1,308,021,858
Freeport 4,410 4,410 4,410
Pollution Control 440,454 440,454 440,454
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 11,208,072 11,208,072 11,208,072
Prorations 303,857 303,857 303,857
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 3,201,330 3,201,330 3,201,330
Homestead - Surviving Spouse Service Member KIA 116,400 116,400 116,400
Homestead - Surviving Spouse First Responder LOD 947,140 947,140 947,140
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0

170-906/Magnolia ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 674,447,584 674,447,584 674,447,584
Homestead - State-Mandated Over-65 or Disabled $10,000 61,169,425 61,169,425 61,169,425
Homestead - 100% Disabled or Unemployable Veterans 102,095,028 102,095,028 102,095,028
Homestead - Disabled Veterans and Surviving Spouse 5,422,413 5,422,413 5,422,413
Homestead - Over-65 or Disabled Freeze Loss 334,966,440 372,401,848 334,966,440
Homestead - 10% Appraisal Cap Loss 1,308,021,858 1,331,455,474 1,308,021,858
Freeport 4,410 4,410 4,410
Pollution Control 440,454 440,454 440,454
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 11,208,072 11,208,072 11,208,072
Prorations 303,857 303,857 303,857
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 3,201,330 3,201,330 3,201,330
Homestead - Surviving Spouse Service Member KIA 116,400 116,400 116,400
Homestead - Surviving Spouse First Responder LOD 947,140 947,140 947,140
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Total Deductions Allowed in PVS 2,502,344,411 2,563,213,435 2,502,344,411