taxes Property Tax Assistance

2023 ISD Summary Worksheet

170-Montgomery/Montgomery County

170-903/Montgomery ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 10,202,500,649 0.9617 10,608,818,393 10,608,818,393
B - MULTIFAMILY 100,770,100 N/A 100,770,100 100,770,100
C1 - VACANT LOTS 392,972,368 0.7658 513,152,740 513,152,740
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,193,889 1.3894 8,056,431 8,056,431
D2 - FARM & RANCH IMP 3,623,676 N/A 3,623,676 3,623,676
E - NON-AG LAND AND IMPROVEMENTS 610,254,827 0.8208 743,487,850 743,487,850
F1 - COMMERCIAL REAL 646,994,090 0.9475 682,843,367 682,843,367
F2 - INDUSTRIAL REAL 16,065,644 N/A 16,065,644 16,065,644
G - ALL MINERALS 1,841,900 N/A 1,841,900 1,841,900
J - ALL UTILITIES 198,195,995 N/A 198,195,995 198,195,995
L1 - COMMERCIAL PERSONAL 139,188,269 N/A 139,188,269 139,188,269
L2 - INDUSTRIAL PERSONAL 10,680,450 N/A 10,680,450 10,680,450
M1 - MOBILE HOMES 21,390,830 N/A 21,390,830 21,390,830
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 102,448,460 N/A 102,448,460 102,448,460
S - SPECIAL INVENTORY 1,669,540 N/A 1,669,540 1,669,540
Subtotal 12,459,790,687 0 13,152,233,645 13,152,233,645
Less Total Deductions 3,825,750,290 0 3,986,204,419 3,986,204,419
Total Taxable Value 8,634,040,397 0 9,166,029,226 9,166,029,226

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

Measure Value Description
T1 10,018,266,573 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 9,166,029,226 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 10,018,266,573 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 9,166,029,226 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 10,247,856,573 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 10,400,916,573 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 9,444,836,225 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 10,018,266,573 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 9,166,029,226 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 10,018,266,573 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 9,166,029,226 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 10,247,856,573 T13 plus the loss to the chapter 313 agreement
T16 10,400,916,573 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 9,444,836,225 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 852,237,347 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 229,590,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 153,060,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

170-903-02/Montgomery ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 10,202,500,649 0.9617 10,608,818,393 10,608,818,393
B - MULTIFAMILY 100,770,100 N/A 100,770,100 100,770,100
C1 - VACANT LOTS 392,972,368 0.7658 513,152,740 513,152,740
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,193,889 1.3894 8,056,431 8,056,431
D2 - FARM & RANCH IMP 3,623,676 N/A 3,623,676 3,623,676
E - NON-AG LAND AND IMPROVEMENTS 610,254,827 0.8208 743,487,850 743,487,850
F1 - COMMERCIAL REAL 646,994,090 0.9475 682,843,367 682,843,367
F2 - INDUSTRIAL REAL 16,065,644 N/A 16,065,644 16,065,644
G - ALL MINERALS 1,841,900 N/A 1,841,900 1,841,900
J - ALL UTILITIES 198,195,995 N/A 198,195,995 198,195,995
L1 - COMMERCIAL PERSONAL 139,188,269 N/A 139,188,269 139,188,269
L2 - INDUSTRIAL PERSONAL 10,680,450 N/A 10,680,450 10,680,450
M1 - MOBILE HOMES 21,390,830 N/A 21,390,830 21,390,830
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 102,448,460 N/A 102,448,460 102,448,460
S - SPECIAL INVENTORY 1,669,540 N/A 1,669,540 1,669,540
Subtotal 12,459,790,687 13,152,233,645 13,152,233,645
Less Total Deductions 3,825,750,290 3,986,204,419 3,986,204,419
Total Taxable Value 8,634,040,397 9,166,029,226 9,166,029,226

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

Measure Value Description
T1 10,018,266,573 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 9,166,029,226 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 10,018,266,573 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 9,166,029,226 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 10,247,856,573 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 10,400,916,573 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 9,444,836,225 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 10,018,266,573 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 9,166,029,226 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 10,018,266,573 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 9,166,029,226 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 10,247,856,573 T13 plus the loss to the chapter 313 agreement
T16 10,400,916,573 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 9,444,836,225 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 852,237,347 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 229,590,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 153,060,000 Loss to Second Previous Homestead Increase