taxes Property Tax Assistance

2019 ISD Summary Worksheet

169-Montague

169-910/Forestburg ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	11,579,700	N/A	11,579,700	11,579,700
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	390,220	N/A	390,220	390,220
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,729,982	N/A	4,729,982	4,729,982
D2. REAL PROP:FARM & RANCH	7,783,370	N/A	7,783,370	7,783,370
E. REAL PROP NONQUAL ACREAGE	64,647,330	N/A	64,647,330	64,647,330
F1. COMMERCIAL REAL	1,241,980	N/A	1,241,980	1,241,980
F2. INDUSTRIAL REAL	43,296,560	N/A	43,296,560	43,296,560
G. OIL,GAS,MINERALS	65,617,770	N/A	65,617,770	65,617,770
J. UTILITIES	40,793,880	N/A	40,793,880	40,793,880
L1. COMMERCIAL PERSONAL	522,830	N/A	522,830	522,830
L2. INDUSTRIAL PERSONAL	4,397,000	N/A	4,397,000	4,397,000
M. MOBILE HOMES	1,773,370	N/A	1,773,370	1,773,370
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	246,773,992	0	246,773,992	246,773,992
Less Total Deductions	17,105,223	0	17,105,223	17,105,223
Total Taxable Value	229,668,769	0	229,668,769	229,668,769

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
232,307,381	229,668,769	232,307,381	229,668,769

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,638,612	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
232,307,381	229,668,769	232,307,381	229,668,769

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	11,579,700	N/A	11,579,700	11,579,700
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	390,220	N/A	390,220	390,220
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,729,982	N/A	4,729,982	4,729,982
D2. REAL PROP:FARM & RANCH	7,783,370	N/A	7,783,370	7,783,370
E. REAL PROP NONQUAL ACREAGE	64,647,330	N/A	64,647,330	64,647,330
F1. COMMERCIAL REAL	1,241,980	N/A	1,241,980	1,241,980
F2. INDUSTRIAL REAL	43,296,560	N/A	43,296,560	43,296,560
G. OIL,GAS,MINERALS	65,617,770	N/A	65,617,770	65,617,770
J. UTILITIES	40,793,880	N/A	40,793,880	40,793,880
L1. COMMERCIAL PERSONAL	522,830	N/A	522,830	522,830
L2. INDUSTRIAL PERSONAL	4,397,000	N/A	4,397,000	4,397,000
M. MOBILE HOMES	1,773,370	N/A	1,773,370	1,773,370
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	246,773,992		246,773,992	246,773,992
Less Total Deductions	17,105,223		17,105,223	17,105,223
Total Taxable Value	229,668,769		229,668,769	229,668,769

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
232,307,381	229,668,769	232,307,381	229,668,769

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,638,612	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
232,307,381	229,668,769	232,307,381	229,668,769

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