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2023 ISD Summary Worksheet
170-Montgomery/Montgomery County
170-906/Magnolia ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 10,227,848,546 | 0.9815 | 10,420,630,205 | 10,227,848,546 |
| B - MULTIFAMILY | 506,532,110 | 0.8408 | 602,440,664 | 506,532,110 |
| C1 - VACANT LOTS | 607,117,813 | 0.7636 | 795,073,092 | 607,117,813 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 14,467,777 | 3.2867 | 4,401,903 | 14,467,777 |
| D2 - FARM & RANCH IMP | 1,178,830 | N/A | 1,178,830 | 1,178,830 |
| E - NON-AG LAND AND IMPROVEMENTS | 1,050,131,873 | 1.0102 | 1,039,528,680 | 1,050,131,873 |
| F1 - COMMERCIAL REAL | 1,189,584,512 | 0.8884 | 1,339,019,036 | 1,189,584,512 |
| F2 - INDUSTRIAL REAL | 91,848,500 | N/A | 91,848,500 | 91,848,500 |
| G - ALL MINERALS | 13,011,880 | N/A | 13,011,880 | 13,011,880 |
| J - ALL UTILITIES | 125,400,109 | N/A | 125,400,109 | 125,400,109 |
| L1 - COMMERCIAL PERSONAL | 270,068,012 | N/A | 270,068,012 | 270,068,012 |
| L2 - INDUSTRIAL PERSONAL | 63,046,546 | N/A | 63,046,546 | 63,046,546 |
| M1 - MOBILE HOMES | 72,518,379 | N/A | 72,518,379 | 72,518,379 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 182,513,720 | N/A | 182,513,720 | 182,513,720 |
| S - SPECIAL INVENTORY | 1,188,133 | N/A | 1,188,133 | 1,188,133 |
| Subtotal | 14,416,456,740 | 0 | 15,021,867,689 | 14,416,456,740 |
| Less Total Deductions | 3,937,652,549 | 0 | 4,009,245,272 | 3,937,652,549 |
| Total Taxable Value | 10,478,804,191 | 0 | 11,012,622,417 | 10,478,804,191 |
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 | 11,447,762,211 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 10,478,804,191 | 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 | 11,447,762,211 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 10,478,804,191 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 11,725,562,211 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 11,910,762,211 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 10,724,944,366 | 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 | 11,447,762,211 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 10,478,804,191 | 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 | 11,447,762,211 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 10,478,804,191 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 11,725,562,211 | T13 plus the loss to the chapter 313 agreement |
| T16 | 11,910,762,211 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 10,724,944,366 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 968,958,020 | 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 | 277,800,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 185,200,000 | Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED
170-906-02/Magnolia ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 10,227,848,546 | 0.9815 | 10,420,630,205 | 10,227,848,546 |
| B - MULTIFAMILY | 506,532,110 | 0.8408 | 602,440,664 | 506,532,110 |
| C1 - VACANT LOTS | 607,117,813 | 0.7636 | 795,073,092 | 607,117,813 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 14,467,777 | 3.2867 | 4,401,903 | 14,467,777 |
| D2 - FARM & RANCH IMP | 1,178,830 | N/A | 1,178,830 | 1,178,830 |
| E - NON-AG LAND AND IMPROVEMENTS | 1,050,131,873 | 1.0102 | 1,039,528,680 | 1,050,131,873 |
| F1 - COMMERCIAL REAL | 1,189,584,512 | 0.8884 | 1,339,019,036 | 1,189,584,512 |
| F2 - INDUSTRIAL REAL | 91,848,500 | N/A | 91,848,500 | 91,848,500 |
| G - ALL MINERALS | 13,011,880 | N/A | 13,011,880 | 13,011,880 |
| J - ALL UTILITIES | 125,400,109 | N/A | 125,400,109 | 125,400,109 |
| L1 - COMMERCIAL PERSONAL | 270,068,012 | N/A | 270,068,012 | 270,068,012 |
| L2 - INDUSTRIAL PERSONAL | 63,046,546 | N/A | 63,046,546 | 63,046,546 |
| M1 - MOBILE HOMES | 72,518,379 | N/A | 72,518,379 | 72,518,379 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 182,513,720 | N/A | 182,513,720 | 182,513,720 |
| S - SPECIAL INVENTORY | 1,188,133 | N/A | 1,188,133 | 1,188,133 |
| Subtotal | 14,416,456,740 | 15,021,867,689 | 14,416,456,740 | |
| Less Total Deductions | 3,937,652,549 | 4,009,245,272 | 3,937,652,549 | |
| Total Taxable Value | 10,478,804,191 | 11,012,622,417 | 10,478,804,191 |
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 | 11,447,762,211 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 10,478,804,191 | 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 | 11,447,762,211 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 10,478,804,191 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 11,725,562,211 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 11,910,762,211 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 10,724,944,366 | 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 | 11,447,762,211 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 10,478,804,191 | 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 | 11,447,762,211 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 10,478,804,191 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 11,725,562,211 | T13 plus the loss to the chapter 313 agreement |
| T16 | 11,910,762,211 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 10,724,944,366 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 968,958,020 | 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 | 277,800,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 185,200,000 | Loss to Second Previous Homestead Increase |