taxes Property Tax Assistance

2021 ISD Summary Worksheet

169-Montague /Montague County

169-909/Prairie Valley ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 39,810,200 N/A 39,810,200 39,810,200
B - MULTIFAMILY 130,000 N/A 130,000 130,000
C1 - VACANT LOTS 2,234,570 N/A 2,234,570 2,234,570
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,559,702 N/A 4,559,702 4,559,702
D2 - FARM & RANCH IMP 852,290 N/A 852,290 852,290
E - NON-AG LAND AND IMPROVEMENTS 25,683,910 N/A 25,683,910 25,683,910
F1 - COMMERCIAL REAL 469,150 N/A 469,150 469,150
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 15,490,330 N/A 15,490,330 15,490,330
J - ALL UTILITIES 15,367,810 N/A 15,367,810 15,367,810
L1 - COMMERCIAL PERSONAL 42,950 N/A 42,950 42,950
L2 - INDUSTRIAL PERSONAL 789,640 N/A 789,640 789,640
M1 - MOBILE HOMES 1,624,750 N/A 1,624,750 1,624,750
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 89,880 N/A 89,880 89,880
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 107,145,182 0 107,145,182 107,145,182
Less Total Deductions 12,383,648 0 12,383,648 12,383,648
Total Taxable Value 94,761,534 0 94,761,534 94,761,534

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
96,318,752 94,761,534 96,318,752 94,761,534


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,557,218 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
96,318,752 94,761,534 96,318,752 94,761,534

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 39,810,200 N/A 39,810,200 39,810,200
B - MULTIFAMILY 130,000 N/A 130,000 130,000
C1 - VACANT LOTS 2,234,570 N/A 2,234,570 2,234,570
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,559,702 N/A 4,559,702 4,559,702
D2 - FARM & RANCH IMP 852,290 N/A 852,290 852,290
E - NON-AG LAND AND IMPROVEMENTS 25,683,910 N/A 25,683,910 25,683,910
F1 - COMMERCIAL REAL 469,150 N/A 469,150 469,150
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 15,490,330 N/A 15,490,330 15,490,330
J - ALL UTILITIES 15,367,810 N/A 15,367,810 15,367,810
L1 - COMMERCIAL PERSONAL 42,950 N/A 42,950 42,950
L2 - INDUSTRIAL PERSONAL 789,640 N/A 789,640 789,640
M1 - MOBILE HOMES 1,624,750 N/A 1,624,750 1,624,750
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 89,880 N/A 89,880 89,880
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 107,145,182 107,145,182 107,145,182
Less Total Deductions 12,383,648 12,383,648 12,383,648
Total Taxable Value 94,761,534 94,761,534 94,761,534

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
96,318,752 94,761,534 96,318,752 94,761,534


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,557,218 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
96,318,752 94,761,534 96,318,752 94,761,534

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