taxes Property Tax Assistance

2022 ISD Summary Worksheet

169-Montague/Montague County

169-910/Forestburg ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	18,493,510	0.9860	18,756,095	18,493,510
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	383,110	N/A	383,110	383,110
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,504,580	1.2163	3,703,483	4,504,580
D2 - FARM & RANCH IMP	1,129,630	N/A	1,129,630	1,129,630
E - NON-AG LAND AND IMPROVEMENTS	105,109,750	1.0375	101,310,602	105,109,750
F1 - COMMERCIAL REAL	2,243,230	N/A	2,243,230	2,243,230
F2 - INDUSTRIAL REAL	24,270,580	N/A	24,270,580	24,270,580
G - ALL MINERALS	48,710,860	1.0044	48,497,471	48,710,860
J - ALL UTILITIES	38,730,290	0.9548	40,563,773	38,730,290
L1 - COMMERCIAL PERSONAL	621,810	N/A	621,810	621,810
L2 - INDUSTRIAL PERSONAL	2,182,700	N/A	2,182,700	2,182,700
M1 - MOBILE HOMES	2,987,660	N/A	2,987,660	2,987,660
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	249,367,710	0	246,650,144	249,367,710
Less Total Deductions	31,222,510	0	31,838,570	31,222,510
Total Taxable Value	218,145,200	0	214,811,574	218,145,200

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
222,060,441	218,145,200	222,060,441	218,145,200	225,350,441

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
3,915,241	0	3,290,000

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
222,060,441	218,145,200	222,060,441	218,145,200	225,350,441

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

169-910-02/Forestburg ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	18,493,510	0.9860	18,756,095	18,493,510
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	383,110	N/A	383,110	383,110
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,504,580	1.2163	3,703,483	4,504,580
D2 - FARM & RANCH IMP	1,129,630	N/A	1,129,630	1,129,630
E - NON-AG LAND AND IMPROVEMENTS	105,109,750	1.0375	101,310,602	105,109,750
F1 - COMMERCIAL REAL	2,243,230	N/A	2,243,230	2,243,230
F2 - INDUSTRIAL REAL	24,270,580	N/A	24,270,580	24,270,580
G - ALL MINERALS	48,710,860	1.0044	48,497,471	48,710,860
J - ALL UTILITIES	38,730,290	0.9548	40,563,773	38,730,290
L1 - COMMERCIAL PERSONAL	621,810	N/A	621,810	621,810
L2 - INDUSTRIAL PERSONAL	2,182,700	N/A	2,182,700	2,182,700
M1 - MOBILE HOMES	2,987,660	N/A	2,987,660	2,987,660
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	249,367,710		246,650,144	249,367,710
Less Total Deductions	31,222,510		31,838,570	31,222,510
Total Taxable Value	218,145,200		214,811,574	218,145,200

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
222,060,441	218,145,200	222,060,441	218,145,200	225,350,441

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
3,915,241	0	3,290,000

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
222,060,441	218,145,200	222,060,441	218,145,200	225,350,441

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