taxes Property Tax Assistance

2018 ISD Summary Worksheet

169-Montague

169-910/Forestburg ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 9,388,390 N/A 9,388,390 9,388,390
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 260,010 N/A 260,010 260,010
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,718,790 1.2012 3,928,402 4,718,790
D2. REAL PROP:FARM & RANCH 792,420 N/A 792,420 792,420
E. REAL PROP NONQUAL ACREAGE 62,356,310 1.0233 60,936,490 62,356,310
F1. COMMERCIAL REAL 794,600 N/A 794,600 794,600
F2. INDUSTRIAL REAL 46,073,980 N/A 46,073,980 46,073,980
G. OIL,GAS,MINERALS 60,091,570 0.9947 60,411,752 60,091,570
J. UTILITIES 37,999,660 0.8217 46,245,175 37,999,660
L1. COMMERCIAL PERSONAL 637,220 N/A 637,220 637,220
L2. INDUSTRIAL PERSONAL 6,104,480 N/A 6,104,480 6,104,480
M. MOBILE HOMES 1,459,300 N/A 1,459,300 1,459,300
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 230,676,730 0 237,032,219 230,676,730
Less Total Deductions 15,697,302 0 15,697,302 15,697,302
Total Taxable Value 214,979,428 0 221,334,917 214,979,428

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
217,623,316 214,979,428 217,623,316 214,979,428


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,643,888 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
217,623,316 214,979,428 217,623,316 214,979,428

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

169-910-02/Forestburg ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 9,388,390 N/A 9,388,390 9,388,390
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 260,010 N/A 260,010 260,010
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,718,790 1.2012 3,928,402 4,718,790
D2. REAL PROP:FARM & RANCH 792,420 N/A 792,420 792,420
E. REAL PROP NONQUAL ACREAGE 62,356,310 1.0233 60,936,490 62,356,310
F1. COMMERCIAL REAL 794,600 N/A 794,600 794,600
F2. INDUSTRIAL REAL 46,073,980 N/A 46,073,980 46,073,980
G. OIL,GAS,MINERALS 60,091,570 0.9947 60,411,752 60,091,570
J. UTILITIES 37,999,660 0.8217 46,245,175 37,999,660
L1. COMMERCIAL PERSONAL 637,220 N/A 637,220 637,220
L2. INDUSTRIAL PERSONAL 6,104,480 N/A 6,104,480 6,104,480
M. MOBILE HOMES 1,459,300 N/A 1,459,300 1,459,300
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 230,676,730 237,032,219 230,676,730
Less Total Deductions 15,697,302 15,697,302 15,697,302
Total Taxable Value 214,979,428 221,334,917 214,979,428

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
217,623,316 214,979,428 217,623,316 214,979,428


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,643,888 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
217,623,316 214,979,428 217,623,316 214,979,428

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