taxes Property Tax Assistance

2022 ISD Summary Worksheet

169-Montague/Montague County

169-908/Montague ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 18,135,320 0.9839 18,432,076 18,135,320
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 550,280 N/A 550,280 550,280
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 981,860 1.1959 821,027 981,860
D2 - FARM & RANCH IMP 361,700 N/A 361,700 361,700
E - NON-AG LAND AND IMPROVEMENTS 29,593,880 1.0443 28,338,485 29,593,880
F1 - COMMERCIAL REAL 3,174,340 N/A 3,174,340 3,174,340
F2 - INDUSTRIAL REAL 119,790 N/A 119,790 119,790
G - ALL MINERALS 2,577,610 N/A 2,577,610 2,577,610
J - ALL UTILITIES 4,813,250 0.9601 5,013,280 4,813,250
L1 - COMMERCIAL PERSONAL 611,270 N/A 611,270 611,270
L2 - INDUSTRIAL PERSONAL 2,263,210 N/A 2,263,210 2,263,210
M1 - MOBILE HOMES 999,100 N/A 999,100 999,100
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 64,204,450 0 63,285,008 64,204,450
Less Total Deductions 13,259,906 0 13,509,275 13,259,906
Total Taxable Value 50,944,544 0 49,775,733 50,944,544

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 T13
53,151,823 50,944,544 53,151,823 50,944,544 54,901,823


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
2,207,279 0 1,750,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
53,151,823 50,944,544 53,151,823 50,944,544 54,901,823

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

169-908-02/Montague ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 18,135,320 0.9839 18,432,076 18,135,320
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 550,280 N/A 550,280 550,280
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 981,860 1.1959 821,027 981,860
D2 - FARM & RANCH IMP 361,700 N/A 361,700 361,700
E - NON-AG LAND AND IMPROVEMENTS 29,593,880 1.0443 28,338,485 29,593,880
F1 - COMMERCIAL REAL 3,174,340 N/A 3,174,340 3,174,340
F2 - INDUSTRIAL REAL 119,790 N/A 119,790 119,790
G - ALL MINERALS 2,577,610 N/A 2,577,610 2,577,610
J - ALL UTILITIES 4,813,250 0.9601 5,013,280 4,813,250
L1 - COMMERCIAL PERSONAL 611,270 N/A 611,270 611,270
L2 - INDUSTRIAL PERSONAL 2,263,210 N/A 2,263,210 2,263,210
M1 - MOBILE HOMES 999,100 N/A 999,100 999,100
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 64,204,450 63,285,008 64,204,450
Less Total Deductions 13,259,906 13,509,275 13,259,906
Total Taxable Value 50,944,544 49,775,733 50,944,544

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 T13
53,151,823 50,944,544 53,151,823 50,944,544 54,901,823


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
2,207,279 0 1,750,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
53,151,823 50,944,544 53,151,823 50,944,544 54,901,823

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement