taxes Property Tax Assistance

2023 ISD Summary Worksheet

169-Montague/Montague County

169-909/Prairie Valley ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 58,676,670 N/A 58,676,670 58,676,670
B - MULTIFAMILY 212,800 N/A 212,800 212,800
C1 - VACANT LOTS 4,301,540 N/A 4,301,540 4,301,540
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,471,950 N/A 4,471,950 4,471,950
D2 - FARM & RANCH IMP 785,680 N/A 785,680 785,680
E - NON-AG LAND AND IMPROVEMENTS 33,722,380 N/A 33,722,380 33,722,380
F1 - COMMERCIAL REAL 820,570 N/A 820,570 820,570
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 25,343,050 N/A 25,343,050 25,343,050
J - ALL UTILITIES 16,823,850 N/A 16,823,850 16,823,850
L1 - COMMERCIAL PERSONAL 43,000 N/A 43,000 43,000
L2 - INDUSTRIAL PERSONAL 1,056,500 N/A 1,056,500 1,056,500
M1 - MOBILE HOMES 1,825,260 N/A 1,825,260 1,825,260
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 150,920 N/A 150,920 150,920
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 148,234,170 0 148,234,170 148,234,170
Less Total Deductions 32,240,547 0 32,240,547 32,240,547
Total Taxable Value 115,993,623 0 115,993,623 115,993,623

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 124,720,361 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 115,993,623 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 124,720,361 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 115,993,623 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 128,575,361 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 131,145,361 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 119,742,268 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 124,720,361 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 115,993,623 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 124,720,361 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 115,993,623 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 128,575,361 T13 plus the loss to the chapter 313 agreement
T16 131,145,361 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 119,742,268 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,726,738 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 3,855,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,570,000 Loss to Second Previous Homestead Increase

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 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 58,676,670 N/A 58,676,670 58,676,670
B - MULTIFAMILY 212,800 N/A 212,800 212,800
C1 - VACANT LOTS 4,301,540 N/A 4,301,540 4,301,540
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,471,950 N/A 4,471,950 4,471,950
D2 - FARM & RANCH IMP 785,680 N/A 785,680 785,680
E - NON-AG LAND AND IMPROVEMENTS 33,722,380 N/A 33,722,380 33,722,380
F1 - COMMERCIAL REAL 820,570 N/A 820,570 820,570
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 25,343,050 N/A 25,343,050 25,343,050
J - ALL UTILITIES 16,823,850 N/A 16,823,850 16,823,850
L1 - COMMERCIAL PERSONAL 43,000 N/A 43,000 43,000
L2 - INDUSTRIAL PERSONAL 1,056,500 N/A 1,056,500 1,056,500
M1 - MOBILE HOMES 1,825,260 N/A 1,825,260 1,825,260
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 150,920 N/A 150,920 150,920
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 148,234,170 148,234,170 148,234,170
Less Total Deductions 32,240,547 32,240,547 32,240,547
Total Taxable Value 115,993,623 115,993,623 115,993,623

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 124,720,361 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 115,993,623 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 124,720,361 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 115,993,623 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 128,575,361 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 131,145,361 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 119,742,268 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 124,720,361 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 115,993,623 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 124,720,361 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 115,993,623 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 128,575,361 T13 plus the loss to the chapter 313 agreement
T16 131,145,361 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 119,742,268 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,726,738 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 3,855,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,570,000 Loss to Second Previous Homestead Increase