taxes Property Tax Assistance

2022 ISD Summary Worksheet

Prairie Valley ISD (all splits)   Montague County  

169-Montague/Montague County

169-909/Prairie Valley ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 54,877,830 0.9135 60,074,253 54,877,830
B - MULTIFAMILY 166,110 N/A 166,110 166,110
C1 - VACANT LOTS 4,254,900 N/A 4,254,900 4,254,900
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,466,210 1.1751 3,800,584 4,466,210
D2 - FARM & RANCH IMP 866,460 N/A 866,460 866,460
E - NON-AG LAND AND IMPROVEMENTS 32,561,530 1.0566 30,817,272 32,561,530
F1 - COMMERCIAL REAL 688,600 N/A 688,600 688,600
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 28,486,830 1.0131 28,118,478 28,486,830
J - ALL UTILITIES 17,266,640 0.9692 17,815,353 17,266,640
L1 - COMMERCIAL PERSONAL 46,670 N/A 46,670 46,670
L2 - INDUSTRIAL PERSONAL 1,098,680 N/A 1,098,680 1,098,680
M1 - MOBILE HOMES 1,540,700 N/A 1,540,700 1,540,700
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 132,720 N/A 132,720 132,720
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 146,453,880 0 149,420,780 146,453,880
Less Total Deductions 20,065,949 0 22,381,164 20,065,949
Total Taxable Value 126,387,931 0 127,039,616 126,387,931

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 128,562,688 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 126,387,931 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 128,562,688 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 126,387,931 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 130,932,688 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 128,562,688 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 126,387,931 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 128,562,688 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 126,387,931 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 130,932,688 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 2,174,757 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 2,370,000 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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169-909-02/Prairie Valley ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 54,877,830 0.9135 60,074,253 54,877,830
B - MULTIFAMILY 166,110 N/A 166,110 166,110
C1 - VACANT LOTS 4,254,900 N/A 4,254,900 4,254,900
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,466,210 1.1751 3,800,584 4,466,210
D2 - FARM & RANCH IMP 866,460 N/A 866,460 866,460
E - NON-AG LAND AND IMPROVEMENTS 32,561,530 1.0566 30,817,272 32,561,530
F1 - COMMERCIAL REAL 688,600 N/A 688,600 688,600
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 28,486,830 1.0131 28,118,478 28,486,830
J - ALL UTILITIES 17,266,640 0.9692 17,815,353 17,266,640
L1 - COMMERCIAL PERSONAL 46,670 N/A 46,670 46,670
L2 - INDUSTRIAL PERSONAL 1,098,680 N/A 1,098,680 1,098,680
M1 - MOBILE HOMES 1,540,700 N/A 1,540,700 1,540,700
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 132,720 N/A 132,720 132,720
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 146,453,880 149,420,780 146,453,880
Less Total Deductions 20,065,949 22,381,164 20,065,949
Total Taxable Value 126,387,931 127,039,616 126,387,931

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 128,562,688 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 126,387,931 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 128,562,688 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 126,387,931 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 130,932,688 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 128,562,688 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 126,387,931 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 128,562,688 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 126,387,931 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 130,932,688 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 2,174,757 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 2,370,000 Loss to the second most recent increase in the state-mandated homestead exemption

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