taxes Property Tax Assistance

2020 ISD Summary Worksheet

169-Montague /Montague County

169-909/Prairie Valley ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	36,384,120	1.0282	35,386,228	36,384,120
B - MULTIFAMILY	119,690	N/A	119,690	119,690
C1 - VACANT LOTS	2,208,510	N/A	2,208,510	2,208,510
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,657,550	1.1553	4,031,546	4,657,550
D2 - FARM & RANCH IMP	632,970	N/A	632,970	632,970
E - NON-AG LAND AND IMPROVEMENTS	21,588,180	1.0705	20,166,446	21,588,180
F1 - COMMERCIAL REAL	427,740	N/A	427,740	427,740
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	22,985,590	0.9995	22,997,089	22,985,590
J - ALL UTILITIES	16,970,810	0.8379	20,253,980	16,970,810
L1 - COMMERCIAL PERSONAL	71,780	N/A	71,780	71,780
L2 - INDUSTRIAL PERSONAL	793,710	N/A	793,710	793,710
M1 - MOBILE HOMES	1,515,770	N/A	1,515,770	1,515,770
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	129,380	N/A	129,380	129,380
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	108,485,800	0	108,734,839	108,485,800
Less Total Deductions	11,350,849	0	10,888,440	11,350,849
Total Taxable Value	97,134,951	0	97,846,399	97,134,951

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
98,664,055	97,134,951	98,664,055	97,134,951

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,529,104	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
98,664,055	97,134,951	98,664,055	97,134,951

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	36,384,120	1.0282	35,386,228	36,384,120
B - MULTIFAMILY	119,690	N/A	119,690	119,690
C1 - VACANT LOTS	2,208,510	N/A	2,208,510	2,208,510
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,657,550	1.1553	4,031,546	4,657,550
D2 - FARM & RANCH IMP	632,970	N/A	632,970	632,970
E - NON-AG LAND AND IMPROVEMENTS	21,588,180	1.0705	20,166,446	21,588,180
F1 - COMMERCIAL REAL	427,740	N/A	427,740	427,740
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	22,985,590	0.9995	22,997,089	22,985,590
J - ALL UTILITIES	16,970,810	0.8379	20,253,980	16,970,810
L1 - COMMERCIAL PERSONAL	71,780	N/A	71,780	71,780
L2 - INDUSTRIAL PERSONAL	793,710	N/A	793,710	793,710
M1 - MOBILE HOMES	1,515,770	N/A	1,515,770	1,515,770
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	129,380	N/A	129,380	129,380
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	108,485,800		108,734,839	108,485,800
Less Total Deductions	11,350,849		10,888,440	11,350,849
Total Taxable Value	97,134,951		97,846,399	97,134,951

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
98,664,055	97,134,951	98,664,055	97,134,951

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,529,104	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
98,664,055	97,134,951	98,664,055	97,134,951

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