taxes Property Tax Assistance

2019 ISD Summary Worksheet

169-Montague

169-909/Prairie Valley ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 35,216,570 N/A 35,216,570 35,216,570
B. MULTIFAMILY RESIDENCES 119,690 N/A 119,690 119,690
C1. VACANT LOTS 2,341,500 N/A 2,341,500 2,341,500
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,672,670 N/A 4,672,670 4,672,670
D2. REAL PROP:FARM & RANCH 2,355,130 N/A 2,355,130 2,355,130
E. REAL PROP NONQUAL ACREAGE 20,127,760 N/A 20,127,760 20,127,760
F1. COMMERCIAL REAL 427,740 N/A 427,740 427,740
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 27,457,570 N/A 27,457,570 27,457,570
J. UTILITIES 16,264,890 N/A 16,264,890 16,264,890
L1. COMMERCIAL PERSONAL 62,440 N/A 62,440 62,440
L2. INDUSTRIAL PERSONAL 915,230 N/A 915,230 915,230
M. MOBILE HOMES 1,206,490 N/A 1,206,490 1,206,490
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 130,380 N/A 130,380 130,380
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 111,298,060 0 111,298,060 111,298,060
Less Total Deductions 10,589,858 0 10,589,858 10,589,858
Total Taxable Value 100,708,202 0 100,708,202 100,708,202

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
102,383,716 100,708,202 102,383,716 100,708,202


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,675,514 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
102,383,716 100,708,202 102,383,716 100,708,202

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

169-909-02/Prairie Valley ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 35,216,570 N/A 35,216,570 35,216,570
B. MULTIFAMILY RESIDENCES 119,690 N/A 119,690 119,690
C1. VACANT LOTS 2,341,500 N/A 2,341,500 2,341,500
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,672,670 N/A 4,672,670 4,672,670
D2. REAL PROP:FARM & RANCH 2,355,130 N/A 2,355,130 2,355,130
E. REAL PROP NONQUAL ACREAGE 20,127,760 N/A 20,127,760 20,127,760
F1. COMMERCIAL REAL 427,740 N/A 427,740 427,740
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 27,457,570 N/A 27,457,570 27,457,570
J. UTILITIES 16,264,890 N/A 16,264,890 16,264,890
L1. COMMERCIAL PERSONAL 62,440 N/A 62,440 62,440
L2. INDUSTRIAL PERSONAL 915,230 N/A 915,230 915,230
M. MOBILE HOMES 1,206,490 N/A 1,206,490 1,206,490
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 130,380 N/A 130,380 130,380
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 111,298,060 111,298,060 111,298,060
Less Total Deductions 10,589,858 10,589,858 10,589,858
Total Taxable Value 100,708,202 100,708,202 100,708,202

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
102,383,716 100,708,202 102,383,716 100,708,202


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,675,514 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
102,383,716 100,708,202 102,383,716 100,708,202

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