taxes Property Tax Assistance

2021 ISD Summary Worksheet

Montague ISD (all splits)   Montague County  

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's office 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 school 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

Measure Value Description
T1 42,428,136 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 40,890,916 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 42,428,136 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 40,890,916 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 42,428,136 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 40,890,916 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 42,428,136 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 40,890,916 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,537,220 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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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's office 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 school 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

Measure Value Description
T1 42,428,136 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 40,890,916 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 42,428,136 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 40,890,916 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 42,428,136 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 40,890,916 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 42,428,136 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 40,890,916 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,537,220 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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