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