taxes Property Tax Assistance

2018 ISD Summary Worksheet

169-Montague

169-902/Nocona ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 131,851,878 0.9799 134,556,463 131,851,878
B. MULTIFAMILY RESIDENCES 3,822,570 N/A 3,822,570 3,822,570
C1. VACANT LOTS 5,172,880 N/A 5,172,880 5,172,880
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,756,320 1.2081 4,764,737 5,756,320
D2. REAL PROP:FARM & RANCH 875,070 N/A 875,070 875,070
E. REAL PROP NONQUAL ACREAGE 73,424,420 0.9507 77,231,955 73,424,420
F1. COMMERCIAL REAL 24,549,710 0.8962 27,393,115 24,549,710
F2. INDUSTRIAL REAL 1,621,210 N/A 1,621,210 1,621,210
G. OIL,GAS,MINERALS 7,407,260 N/A 7,407,260 7,407,260
J. UTILITIES 26,293,300 0.9704 27,095,322 26,293,300
L1. COMMERCIAL PERSONAL 5,935,243 N/A 5,935,243 5,935,243
L2. INDUSTRIAL PERSONAL 5,450,630 N/A 5,450,630 5,450,630
M. MOBILE HOMES 2,505,070 N/A 2,505,070 2,505,070
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 434,450 N/A 434,450 434,450
S. SPECIAL INVENTORY 137,490 N/A 137,490 137,490
Subtotal 295,237,501 0 304,403,465 295,237,501
Less Total Deductions 46,695,073 0 47,876,640 46,695,073
Total Taxable Value 248,542,428 0 256,526,825 248,542,428

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
258,403,334 248,542,428 258,403,334 248,542,428


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,860,906 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
258,403,334 248,542,428 258,403,334 248,542,428

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

169-902-02/Nocona ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 131,851,878 0.9799 134,556,463 131,851,878
B. MULTIFAMILY RESIDENCES 3,822,570 N/A 3,822,570 3,822,570
C1. VACANT LOTS 5,172,880 N/A 5,172,880 5,172,880
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,756,320 1.2081 4,764,737 5,756,320
D2. REAL PROP:FARM & RANCH 875,070 N/A 875,070 875,070
E. REAL PROP NONQUAL ACREAGE 73,424,420 0.9507 77,231,955 73,424,420
F1. COMMERCIAL REAL 24,549,710 0.8962 27,393,115 24,549,710
F2. INDUSTRIAL REAL 1,621,210 N/A 1,621,210 1,621,210
G. OIL,GAS,MINERALS 7,407,260 N/A 7,407,260 7,407,260
J. UTILITIES 26,293,300 0.9704 27,095,322 26,293,300
L1. COMMERCIAL PERSONAL 5,935,243 N/A 5,935,243 5,935,243
L2. INDUSTRIAL PERSONAL 5,450,630 N/A 5,450,630 5,450,630
M. MOBILE HOMES 2,505,070 N/A 2,505,070 2,505,070
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 434,450 N/A 434,450 434,450
S. SPECIAL INVENTORY 137,490 N/A 137,490 137,490
Subtotal 295,237,501 304,403,465 295,237,501
Less Total Deductions 46,695,073 47,876,640 46,695,073
Total Taxable Value 248,542,428 256,526,825 248,542,428

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
258,403,334 248,542,428 258,403,334 248,542,428


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
9,860,906 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
258,403,334 248,542,428 258,403,334 248,542,428

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