taxes Property Tax Assistance

2023 ISD Summary Worksheet

169-Montague/Montague County

169-902/Nocona ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 245,101,690 N/A 245,101,690 245,101,690
B - MULTIFAMILY 5,039,543 N/A 5,039,543 5,039,543
C1 - VACANT LOTS 16,217,180 N/A 16,217,180 16,217,180
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,512,280 N/A 5,512,280 5,512,280
D2 - FARM & RANCH IMP 1,592,280 N/A 1,592,280 1,592,280
E - NON-AG LAND AND IMPROVEMENTS 124,454,100 N/A 124,454,100 124,454,100
F1 - COMMERCIAL REAL 33,439,160 N/A 33,439,160 33,439,160
F2 - INDUSTRIAL REAL 1,746,710 N/A 1,746,710 1,746,710
G - ALL MINERALS 6,830,670 N/A 6,830,670 6,830,670
J - ALL UTILITIES 39,714,540 N/A 39,714,540 39,714,540
L1 - COMMERCIAL PERSONAL 7,341,958 N/A 7,341,958 7,341,958
L2 - INDUSTRIAL PERSONAL 5,069,700 N/A 5,069,700 5,069,700
M1 - MOBILE HOMES 4,893,140 N/A 4,893,140 4,893,140
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,024,270 N/A 1,024,270 1,024,270
S - SPECIAL INVENTORY 160,610 N/A 160,610 160,610
Subtotal 498,137,831 0 498,137,831 498,137,831
Less Total Deductions 155,081,214 0 155,081,214 155,081,214
Total Taxable Value 343,056,617 0 343,056,617 343,056,617

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

Measure Value Description
T1 394,169,853 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 343,056,617 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 394,169,853 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 343,056,617 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 413,699,853 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 426,719,853 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 357,161,088 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 394,169,853 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 343,056,617 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 394,169,853 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 343,056,617 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 413,699,853 T13 plus the loss to the chapter 313 agreement
T16 426,719,853 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 357,161,088 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 51,113,236 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 19,530,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 13,020,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

169-902-02/Nocona ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 245,101,690 N/A 245,101,690 245,101,690
B - MULTIFAMILY 5,039,543 N/A 5,039,543 5,039,543
C1 - VACANT LOTS 16,217,180 N/A 16,217,180 16,217,180
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,512,280 N/A 5,512,280 5,512,280
D2 - FARM & RANCH IMP 1,592,280 N/A 1,592,280 1,592,280
E - NON-AG LAND AND IMPROVEMENTS 124,454,100 N/A 124,454,100 124,454,100
F1 - COMMERCIAL REAL 33,439,160 N/A 33,439,160 33,439,160
F2 - INDUSTRIAL REAL 1,746,710 N/A 1,746,710 1,746,710
G - ALL MINERALS 6,830,670 N/A 6,830,670 6,830,670
J - ALL UTILITIES 39,714,540 N/A 39,714,540 39,714,540
L1 - COMMERCIAL PERSONAL 7,341,958 N/A 7,341,958 7,341,958
L2 - INDUSTRIAL PERSONAL 5,069,700 N/A 5,069,700 5,069,700
M1 - MOBILE HOMES 4,893,140 N/A 4,893,140 4,893,140
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,024,270 N/A 1,024,270 1,024,270
S - SPECIAL INVENTORY 160,610 N/A 160,610 160,610
Subtotal 498,137,831 498,137,831 498,137,831
Less Total Deductions 155,081,214 155,081,214 155,081,214
Total Taxable Value 343,056,617 343,056,617 343,056,617

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

Measure Value Description
T1 394,169,853 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 343,056,617 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 394,169,853 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 343,056,617 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 413,699,853 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 426,719,853 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 357,161,088 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 394,169,853 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 343,056,617 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 394,169,853 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 343,056,617 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 413,699,853 T13 plus the loss to the chapter 313 agreement
T16 426,719,853 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 357,161,088 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 51,113,236 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 19,530,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 13,020,000 Loss to Second Previous Homestead Increase