taxes Property Tax Assistance

2022 ISD Summary Worksheet

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 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
128,562,688	126,387,931	128,562,688	126,387,931	130,932,688

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
2,174,757	0	2,370,000

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
128,562,688	126,387,931	128,562,688	126,387,931	130,932,688

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

169-909-02/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 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
128,562,688	126,387,931	128,562,688	126,387,931	130,932,688

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
2,174,757	0	2,370,000

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
128,562,688	126,387,931	128,562,688	126,387,931	130,932,688

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