taxes Property Tax Assistance

2020 ISD Summary Worksheet

169-Montague

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