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