taxes Property Tax Assistance

2022 ISD Summary Worksheet

Montague ISD (all splits)   Montague County  

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'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 53,151,823 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 50,944,544 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 53,151,823 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 50,944,544 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 54,901,823 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 53,151,823 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 50,944,544 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 53,151,823 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 50,944,544 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 54,901,823 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,207,279 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
LOSS_PREV_INCR_HMSTD 1,750,000 Loss to the second most recent increase in the state-mandated 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 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'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 53,151,823 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 50,944,544 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 53,151,823 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 50,944,544 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 54,901,823 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 53,151,823 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 50,944,544 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 53,151,823 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 50,944,544 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 54,901,823 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,207,279 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
LOSS_PREV_INCR_HMSTD 1,750,000 Loss to the second most recent increase in the state-mandated homestead exemption

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