taxes Property Tax Assistance

2020 ISD Summary Worksheet

169-Montague

169-908/Montague ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 11,771,820 0.9790 12,024,331 11,771,820
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 202,920 N/A 202,920 202,920
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,022,590 1.1904 859,064 1,022,590
D2 - FARM & RANCH IMP 416,000 N/A 416,000 416,000
E - NON-AG LAND AND IMPROVEMENTS 21,829,170 0.9449 23,102,095 21,829,170
F1 - COMMERCIAL REAL 2,185,980 N/A 2,185,980 2,185,980
F2 - INDUSTRIAL REAL 99,300 N/A 99,300 99,300
G - ALL MINERALS 2,336,740 0.9998 2,337,207 2,336,740
J - ALL UTILITIES 4,503,650 0.8065 5,584,191 4,503,650
L1 - COMMERCIAL PERSONAL 506,900 N/A 506,900 506,900
L2 - INDUSTRIAL PERSONAL 1,558,720 N/A 1,558,720 1,558,720
M1 - MOBILE HOMES 504,960 N/A 504,960 504,960
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 46,938,750 0 49,381,668 46,938,750
Less Total Deductions 7,622,120 0 7,825,589 7,622,120
Total Taxable Value 39,316,630 0 41,556,079 39,316,630

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
40,788,050 39,316,630 40,788,050 39,316,630


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,471,420 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
40,788,050 39,316,630 40,788,050 39,316,630

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

169-908-02/Montague ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 11,771,820 0.9790 12,024,331 11,771,820
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 202,920 N/A 202,920 202,920
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,022,590 1.1904 859,064 1,022,590
D2 - FARM & RANCH IMP 416,000 N/A 416,000 416,000
E - NON-AG LAND AND IMPROVEMENTS 21,829,170 0.9449 23,102,095 21,829,170
F1 - COMMERCIAL REAL 2,185,980 N/A 2,185,980 2,185,980
F2 - INDUSTRIAL REAL 99,300 N/A 99,300 99,300
G - ALL MINERALS 2,336,740 0.9998 2,337,207 2,336,740
J - ALL UTILITIES 4,503,650 0.8065 5,584,191 4,503,650
L1 - COMMERCIAL PERSONAL 506,900 N/A 506,900 506,900
L2 - INDUSTRIAL PERSONAL 1,558,720 N/A 1,558,720 1,558,720
M1 - MOBILE HOMES 504,960 N/A 504,960 504,960
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 46,938,750 49,381,668 46,938,750
Less Total Deductions 7,622,120 7,825,589 7,622,120
Total Taxable Value 39,316,630 41,556,079 39,316,630

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
40,788,050 39,316,630 40,788,050 39,316,630


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,471,420 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
40,788,050 39,316,630 40,788,050 39,316,630

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