taxes Property Tax Assistance

2018 ISD Summary Worksheet

169-Montague

169-908/Montague ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	10,408,040	0.8648	12,035,199	10,408,040
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	197,680	N/A	197,680	197,680
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	1,046,750	1.1531	907,805	1,046,750
D2. REAL PROP:FARM & RANCH	373,290	N/A	373,290	373,290
E. REAL PROP NONQUAL ACREAGE	18,261,590	0.9275	19,689,046	18,261,590
F1. COMMERCIAL REAL	1,626,920	N/A	1,626,920	1,626,920
F2. INDUSTRIAL REAL	70,020	N/A	70,020	70,020
G. OIL,GAS,MINERALS	2,478,790	1.0545	2,350,678	2,478,790
J. UTILITIES	4,120,270	0.9853	4,181,742	4,120,270
L1. COMMERCIAL PERSONAL	769,100	N/A	769,100	769,100
L2. INDUSTRIAL PERSONAL	1,843,920	N/A	1,843,920	1,843,920
M. MOBILE HOMES	456,630	N/A	456,630	456,630
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	41,653,000	0	44,502,030	41,653,000
Less Total Deductions	6,597,574	0	7,866,658	6,597,574
Total Taxable Value	35,055,426	0	36,635,372	35,055,426

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
36,460,366	35,055,426	36,460,366	35,055,426

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,404,940	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
36,460,366	35,055,426	36,460,366	35,055,426

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

169-908-02/Montague ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	10,408,040	0.8648	12,035,199	10,408,040
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	197,680	N/A	197,680	197,680
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	1,046,750	1.1531	907,805	1,046,750
D2. REAL PROP:FARM & RANCH	373,290	N/A	373,290	373,290
E. REAL PROP NONQUAL ACREAGE	18,261,590	0.9275	19,689,046	18,261,590
F1. COMMERCIAL REAL	1,626,920	N/A	1,626,920	1,626,920
F2. INDUSTRIAL REAL	70,020	N/A	70,020	70,020
G. OIL,GAS,MINERALS	2,478,790	1.0545	2,350,678	2,478,790
J. UTILITIES	4,120,270	0.9853	4,181,742	4,120,270
L1. COMMERCIAL PERSONAL	769,100	N/A	769,100	769,100
L2. INDUSTRIAL PERSONAL	1,843,920	N/A	1,843,920	1,843,920
M. MOBILE HOMES	456,630	N/A	456,630	456,630
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	41,653,000		44,502,030	41,653,000
Less Total Deductions	6,597,574		7,866,658	6,597,574
Total Taxable Value	35,055,426		36,635,372	35,055,426

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
36,460,366	35,055,426	36,460,366	35,055,426

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,404,940	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
36,460,366	35,055,426	36,460,366	35,055,426

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