taxes Property Tax Assistance

2023 ISD Summary Worksheet

169-Montague/Montague County

169-908/Montague ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 22,863,450 N/A 22,863,450 22,863,450
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 397,120 N/A 397,120 397,120
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 978,200 N/A 978,200 978,200
D2 - FARM & RANCH IMP 388,820 N/A 388,820 388,820
E - NON-AG LAND AND IMPROVEMENTS 31,919,260 N/A 31,919,260 31,919,260
F1 - COMMERCIAL REAL 3,451,930 N/A 3,451,930 3,451,930
F2 - INDUSTRIAL REAL 171,320 N/A 171,320 171,320
G - ALL MINERALS 2,219,250 N/A 2,219,250 2,219,250
J - ALL UTILITIES 6,096,320 N/A 6,096,320 6,096,320
L1 - COMMERCIAL PERSONAL 750,220 N/A 750,220 750,220
L2 - INDUSTRIAL PERSONAL 1,944,120 N/A 1,944,120 1,944,120
M1 - MOBILE HOMES 1,169,260 N/A 1,169,260 1,169,260
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 72,349,270 0 72,349,270 72,349,270
Less Total Deductions 23,889,710 0 23,889,710 23,889,710
Total Taxable Value 48,459,560 0 48,459,560 48,459,560

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 57,083,338 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 48,459,560 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 57,083,338 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 48,459,560 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 59,933,338 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 61,833,338 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 51,299,296 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 57,083,338 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 48,459,560 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 57,083,338 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 48,459,560 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 59,933,338 T13 plus the loss to the chapter 313 agreement
T16 61,833,338 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 51,299,296 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,623,778 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 2,850,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,900,000 Loss to Second Previous Homestead Increase

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

169-908-02/Montague ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 22,863,450 N/A 22,863,450 22,863,450
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 397,120 N/A 397,120 397,120
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 978,200 N/A 978,200 978,200
D2 - FARM & RANCH IMP 388,820 N/A 388,820 388,820
E - NON-AG LAND AND IMPROVEMENTS 31,919,260 N/A 31,919,260 31,919,260
F1 - COMMERCIAL REAL 3,451,930 N/A 3,451,930 3,451,930
F2 - INDUSTRIAL REAL 171,320 N/A 171,320 171,320
G - ALL MINERALS 2,219,250 N/A 2,219,250 2,219,250
J - ALL UTILITIES 6,096,320 N/A 6,096,320 6,096,320
L1 - COMMERCIAL PERSONAL 750,220 N/A 750,220 750,220
L2 - INDUSTRIAL PERSONAL 1,944,120 N/A 1,944,120 1,944,120
M1 - MOBILE HOMES 1,169,260 N/A 1,169,260 1,169,260
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 72,349,270 72,349,270 72,349,270
Less Total Deductions 23,889,710 23,889,710 23,889,710
Total Taxable Value 48,459,560 48,459,560 48,459,560

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 57,083,338 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 48,459,560 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 57,083,338 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 48,459,560 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 59,933,338 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 61,833,338 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 51,299,296 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 57,083,338 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 48,459,560 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 57,083,338 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 48,459,560 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 59,933,338 T13 plus the loss to the chapter 313 agreement
T16 61,833,338 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 51,299,296 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,623,778 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 2,850,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,900,000 Loss to Second Previous Homestead Increase