taxes Property Tax Assistance

2020 ISD Summary Worksheet

169-Montague /Montague County

169-910/Forestburg ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 11,638,160 0.9731 11,959,881 11,638,160
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 336,250 N/A 336,250 336,250
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,694,720 1.2236 3,836,690 4,694,720
D2 - FARM & RANCH IMP 1,155,740 N/A 1,155,740 1,155,740
E - NON-AG LAND AND IMPROVEMENTS 72,014,270 0.9759 73,792,673 72,014,270
F1 - COMMERCIAL REAL 1,241,990 N/A 1,241,990 1,241,990
F2 - INDUSTRIAL REAL 38,568,340 N/A 38,568,340 38,568,340
G - ALL MINERALS 35,138,820 1.0041 34,995,339 35,138,820
J - ALL UTILITIES 38,519,020 0.7731 49,824,111 38,519,020
L1 - COMMERCIAL PERSONAL 499,220 N/A 499,220 499,220
L2 - INDUSTRIAL PERSONAL 2,040,260 N/A 2,040,260 2,040,260
M1 - MOBILE HOMES 2,020,640 N/A 2,020,640 2,020,640
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 207,867,430 0 220,271,134 207,867,430
Less Total Deductions 16,356,958 0 17,070,715 16,356,958
Total Taxable Value 191,510,472 0 203,200,419 191,510,472

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
194,141,661 191,510,472 194,141,661 191,510,472


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,631,189 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
194,141,661 191,510,472 194,141,661 191,510,472

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 11,638,160 0.9731 11,959,881 11,638,160
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 336,250 N/A 336,250 336,250
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,694,720 1.2236 3,836,690 4,694,720
D2 - FARM & RANCH IMP 1,155,740 N/A 1,155,740 1,155,740
E - NON-AG LAND AND IMPROVEMENTS 72,014,270 0.9759 73,792,673 72,014,270
F1 - COMMERCIAL REAL 1,241,990 N/A 1,241,990 1,241,990
F2 - INDUSTRIAL REAL 38,568,340 N/A 38,568,340 38,568,340
G - ALL MINERALS 35,138,820 1.0041 34,995,339 35,138,820
J - ALL UTILITIES 38,519,020 0.7731 49,824,111 38,519,020
L1 - COMMERCIAL PERSONAL 499,220 N/A 499,220 499,220
L2 - INDUSTRIAL PERSONAL 2,040,260 N/A 2,040,260 2,040,260
M1 - MOBILE HOMES 2,020,640 N/A 2,020,640 2,020,640
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 207,867,430 220,271,134 207,867,430
Less Total Deductions 16,356,958 17,070,715 16,356,958
Total Taxable Value 191,510,472 203,200,419 191,510,472

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
194,141,661 191,510,472 194,141,661 191,510,472


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,631,189 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
194,141,661 191,510,472 194,141,661 191,510,472

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