taxes Property Tax Assistance

2021 ISD Summary Worksheet

169-Montague /Montague County

169-908/Montague ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 12,821,180 N/A 12,821,180 12,821,180
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 198,570 N/A 198,570 198,570
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,003,980 N/A 1,003,980 1,003,980
D2 - FARM & RANCH IMP 405,860 N/A 405,860 405,860
E - NON-AG LAND AND IMPROVEMENTS 23,578,770 N/A 23,578,770 23,578,770
F1 - COMMERCIAL REAL 2,282,480 N/A 2,282,480 2,282,480
F2 - INDUSTRIAL REAL 100,960 N/A 100,960 100,960
G - ALL MINERALS 1,806,520 N/A 1,806,520 1,806,520
J - ALL UTILITIES 4,227,460 N/A 4,227,460 4,227,460
L1 - COMMERCIAL PERSONAL 555,520 N/A 555,520 555,520
L2 - INDUSTRIAL PERSONAL 1,877,900 N/A 1,877,900 1,877,900
M1 - MOBILE HOMES 723,730 N/A 723,730 723,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 22,840 N/A 22,840 22,840
Subtotal 49,605,770 0 49,605,770 49,605,770
Less Total Deductions 8,714,854 0 8,714,854 8,714,854
Total Taxable Value 40,890,916 0 40,890,916 40,890,916

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
42,428,136 40,890,916 42,428,136 40,890,916


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,537,220 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
42,428,136 40,890,916 42,428,136 40,890,916

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 12,821,180 N/A 12,821,180 12,821,180
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 198,570 N/A 198,570 198,570
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,003,980 N/A 1,003,980 1,003,980
D2 - FARM & RANCH IMP 405,860 N/A 405,860 405,860
E - NON-AG LAND AND IMPROVEMENTS 23,578,770 N/A 23,578,770 23,578,770
F1 - COMMERCIAL REAL 2,282,480 N/A 2,282,480 2,282,480
F2 - INDUSTRIAL REAL 100,960 N/A 100,960 100,960
G - ALL MINERALS 1,806,520 N/A 1,806,520 1,806,520
J - ALL UTILITIES 4,227,460 N/A 4,227,460 4,227,460
L1 - COMMERCIAL PERSONAL 555,520 N/A 555,520 555,520
L2 - INDUSTRIAL PERSONAL 1,877,900 N/A 1,877,900 1,877,900
M1 - MOBILE HOMES 723,730 N/A 723,730 723,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 22,840 N/A 22,840 22,840
Subtotal 49,605,770 49,605,770 49,605,770
Less Total Deductions 8,714,854 8,714,854 8,714,854
Total Taxable Value 40,890,916 40,890,916 40,890,916

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
42,428,136 40,890,916 42,428,136 40,890,916


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,537,220 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
42,428,136 40,890,916 42,428,136 40,890,916

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