taxes Property Tax Assistance

2021 ISD Summary Worksheet

170-Montgomery /Montgomery County

170-903/Montgomery ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 6,725,492,792 0.9400 7,154,779,566 6,725,492,792
B - MULTIFAMILY 49,160,330 N/A 49,160,330 49,160,330
C1 - VACANT LOTS 245,968,730 0.8055 305,361,552 245,968,730
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,771,002 1.0870 8,988,588 9,771,002
D2 - FARM & RANCH IMP 3,605,910 N/A 3,605,910 3,605,910
E - NON-AG LAND AND IMPROVEMENTS 456,719,912 0.8396 543,973,216 456,719,912
F1 - COMMERCIAL REAL 523,747,500 0.9700 539,945,876 523,747,500
F2 - INDUSTRIAL REAL 6,866,770 N/A 6,866,770 6,866,770
G - ALL MINERALS 1,571,470 N/A 1,571,470 1,571,470
J - ALL UTILITIES 138,457,333 N/A 138,457,333 138,457,333
L1 - COMMERCIAL PERSONAL 119,279,230 N/A 119,279,230 119,279,230
L2 - INDUSTRIAL PERSONAL 16,133,650 N/A 16,133,650 16,133,650
M1 - MOBILE HOMES 13,846,200 N/A 13,846,200 13,846,200
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 48,357,410 N/A 48,357,410 48,357,410
S - SPECIAL INVENTORY 872,846 N/A 872,846 872,846
Subtotal 8,359,851,085 0 8,951,199,947 8,359,851,085
Less Total Deductions 1,080,289,579 0 1,223,998,745 1,080,289,579
Total Taxable Value 7,279,561,506 0 7,727,201,202 7,279,561,506

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
7,421,077,134 7,279,561,506 7,421,077,134 7,279,561,506


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
141,515,628 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
7,421,077,134 7,279,561,506 7,421,077,134 7,279,561,506

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

170-903-02/Montgomery ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 6,725,492,792 0.9400 7,154,779,566 6,725,492,792
B - MULTIFAMILY 49,160,330 N/A 49,160,330 49,160,330
C1 - VACANT LOTS 245,968,730 0.8055 305,361,552 245,968,730
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,771,002 1.0870 8,988,588 9,771,002
D2 - FARM & RANCH IMP 3,605,910 N/A 3,605,910 3,605,910
E - NON-AG LAND AND IMPROVEMENTS 456,719,912 0.8396 543,973,216 456,719,912
F1 - COMMERCIAL REAL 523,747,500 0.9700 539,945,876 523,747,500
F2 - INDUSTRIAL REAL 6,866,770 N/A 6,866,770 6,866,770
G - ALL MINERALS 1,571,470 N/A 1,571,470 1,571,470
J - ALL UTILITIES 138,457,333 N/A 138,457,333 138,457,333
L1 - COMMERCIAL PERSONAL 119,279,230 N/A 119,279,230 119,279,230
L2 - INDUSTRIAL PERSONAL 16,133,650 N/A 16,133,650 16,133,650
M1 - MOBILE HOMES 13,846,200 N/A 13,846,200 13,846,200
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 48,357,410 N/A 48,357,410 48,357,410
S - SPECIAL INVENTORY 872,846 N/A 872,846 872,846
Subtotal 8,359,851,085 8,951,199,947 8,359,851,085
Less Total Deductions 1,080,289,579 1,223,998,745 1,080,289,579
Total Taxable Value 7,279,561,506 7,727,201,202 7,279,561,506

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
7,421,077,134 7,279,561,506 7,421,077,134 7,279,561,506


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
141,515,628 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
7,421,077,134 7,279,561,506 7,421,077,134 7,279,561,506

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