taxes Property Tax Assistance

2020 Deduction Detail

170-Montgomery /Montgomery County

170-906/Magnolia ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 405,340,342 405,340,342 405,340,342
Homestead - State-Mandated Over-65 or Disabled $10,000 55,267,243 55,267,243 55,267,243
Homestead - 100% Disabled or Unemployable Veterans 59,533,566 59,533,566 59,533,566
Homestead - Disabled Veterans and Surviving Spouse 4,869,070 4,869,070 4,869,070
Homestead - Over-65 or Disabled Freeze Loss 311,958,333 311,958,333 311,958,333
Homestead - 10% Appraisal Cap Loss 230,752,913 230,752,913 230,752,913
Freeport 0 0 0
Pollution Control 422,134 422,134 422,134
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 12,111,974 12,111,974 12,111,974
Prorations 119,866 119,866 119,866
Home Donated by Charity to Disabled Veterans 0 0 0
Homestead - Surviving Spouse 100% Disabled 1,235,382 1,235,382 1,235,382
Homestead - Surviving Spouse Service Member KIA 104,250 104,250 104,250
Homestead - Surviving Spouse First Responder LOD 362,270 362,270 362,270
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0

170-906/Magnolia ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 405,340,342 405,340,342 405,340,342
Homestead - State-Mandated Over-65 or Disabled $10,000 55,267,243 55,267,243 55,267,243
Homestead - 100% Disabled or Unemployable Veterans 59,533,566 59,533,566 59,533,566
Homestead - Disabled Veterans and Surviving Spouse 4,869,070 4,869,070 4,869,070
Homestead - Over-65 or Disabled Freeze Loss 311,958,333 311,958,333 311,958,333
Homestead - 10% Appraisal Cap Loss 230,752,913 230,752,913 230,752,913
Freeport 0 0 0
Pollution Control 422,134 422,134 422,134
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 12,111,974 12,111,974 12,111,974
Prorations 119,866 119,866 119,866
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 1,235,382 1,235,382 1,235,382
Homestead - Surviving Spouse Service Member KIA 104,250 104,250 104,250
Homestead - Surviving Spouse First Responder LOD 362,270 362,270 362,270
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Total Deductions Allowed in PVS 1,082,077,343 1,082,077,343 1,082,077,343