taxes Property Tax Assistance

2019 ISD Summary Worksheet

170-Montgomery

093-905/Richards ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	18,503,150	0.9321	19,851,035	18,503,150
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	880,580	N/A	880,580	880,580
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	2,963,145	1.0263	2,887,263	2,963,145
D2. REAL PROP:FARM & RANCH	268,160	N/A	268,160	268,160
E. REAL PROP NONQUAL ACREAGE	17,574,860	0.9693	18,131,497	17,574,860
F1. COMMERCIAL REAL	366,630	N/A	366,630	366,630
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	499,750	N/A	499,750	499,750
J. UTILITIES	1,249,530	N/A	1,249,530	1,249,530
L1. COMMERCIAL PERSONAL	107,550	N/A	107,550	107,550
L2. INDUSTRIAL PERSONAL	245,490	N/A	245,490	245,490
M. MOBILE HOMES	698,110	N/A	698,110	698,110
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	4,971	N/A	4,971	4,971
Subtotal	43,361,926	0	45,190,566	43,361,926
Less Total Deductions	7,568,908	0	8,359,690	7,568,908
Total Taxable Value	35,793,018	0	36,830,876	35,793,018

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
36,842,328	35,793,018	36,842,328	35,793,018

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,049,310	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
36,842,328	35,793,018	36,842,328	35,793,018

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

093-905-02/Richards ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	18,503,150	0.9321	19,851,035	18,503,150
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	880,580	N/A	880,580	880,580
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	2,963,145	1.0263	2,887,263	2,963,145
D2. REAL PROP:FARM & RANCH	268,160	N/A	268,160	268,160
E. REAL PROP NONQUAL ACREAGE	17,574,860	0.9693	18,131,497	17,574,860
F1. COMMERCIAL REAL	366,630	N/A	366,630	366,630
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	499,750	N/A	499,750	499,750
J. UTILITIES	1,249,530	N/A	1,249,530	1,249,530
L1. COMMERCIAL PERSONAL	107,550	N/A	107,550	107,550
L2. INDUSTRIAL PERSONAL	245,490	N/A	245,490	245,490
M. MOBILE HOMES	698,110	N/A	698,110	698,110
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	4,971	N/A	4,971	4,971
Subtotal	43,361,926		45,190,566	43,361,926
Less Total Deductions	7,568,908		8,359,690	7,568,908
Total Taxable Value	35,793,018		36,830,876	35,793,018

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
36,842,328	35,793,018	36,842,328	35,793,018

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,049,310	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
36,842,328	35,793,018	36,842,328	35,793,018

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