taxes Property Tax Assistance

2019 Deduction Detail

170-Montgomery /Montgomery County

170-906/Magnolia ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 385,833,958 385,833,958 385,833,958
Homestead - State-Mandated Over-65 or Disabled $10,000 51,192,964 51,192,964 51,192,964
Homestead - 100% Disabled or Unemployable Veterans 45,344,133 45,344,133 45,344,133
Homestead - Disabled Veterans and Surviving Spouse 4,265,480 4,265,480 4,265,480
Homestead - Over-65 or Disabled Freeze Loss 278,408,171 307,691,714 278,408,171
Homestead - 10% Appraisal Cap Loss 243,186,954 248,403,426 243,186,954
Freeport 0 0 0
Pollution Control 378,684 378,684 378,684
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 9,512,486 9,512,486 9,512,486
Prorations 876,010 876,010 876,010
Home Donated by Charity to Disabled Veterans 0 0 0
Homestead - Surviving Spouse 100% Disabled 0 0 0
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 346,560 346,560 346,560
Loss to Special Valuation 0 0 0

170-906/Magnolia ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 385,833,958 385,833,958 385,833,958
Homestead - State-Mandated Over-65 or Disabled $10,000 51,192,964 51,192,964 51,192,964
Homestead - 100% Disabled or Unemployable Veterans 45,344,133 45,344,133 45,344,133
Homestead - Disabled Veterans and Surviving Spouse 4,265,480 4,265,480 4,265,480
Homestead - Over-65 or Disabled Freeze Loss 278,408,171 307,691,714 278,408,171
Homestead - 10% Appraisal Cap Loss 243,186,954 248,403,426 243,186,954
Freeport 0 0 0
Pollution Control 378,684 378,684 378,684
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 9,512,486 9,512,486 9,512,486
Prorations 876,010 876,010 876,010
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 0 0 0
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 346,560 346,560 346,560
Loss to Special Valuation 0 0 0
Total Deductions Allowed in PVS 1,019,345,400 1,053,845,415 1,019,345,400