taxes Property Tax Assistance

2023 ISD Summary Worksheet

169-Montague/Montague County

169-910/Forestburg ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 25,279,410 N/A 25,279,410 25,279,410
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 754,410 N/A 754,410 754,410
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,497,030 N/A 4,497,030 4,497,030
D2 - FARM & RANCH IMP 1,350,160 N/A 1,350,160 1,350,160
E - NON-AG LAND AND IMPROVEMENTS 115,071,570 N/A 115,071,570 115,071,570
F1 - COMMERCIAL REAL 2,358,710 N/A 2,358,710 2,358,710
F2 - INDUSTRIAL REAL 10,401,390 N/A 10,401,390 10,401,390
G - ALL MINERALS 47,370,230 N/A 47,370,230 47,370,230
J - ALL UTILITIES 35,699,560 N/A 35,699,560 35,699,560
L1 - COMMERCIAL PERSONAL 710,640 N/A 710,640 710,640
L2 - INDUSTRIAL PERSONAL 621,120 N/A 621,120 621,120
M1 - MOBILE HOMES 3,490,330 N/A 3,490,330 3,490,330
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 2,780 N/A 2,780 2,780
Subtotal 247,607,340 0 247,607,340 247,607,340
Less Total Deductions 51,941,954 0 51,941,954 51,941,954
Total Taxable Value 195,665,386 0 195,665,386 195,665,386

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 211,495,164 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 195,665,386 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 211,495,164 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 195,665,386 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 216,625,164 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 220,045,164 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 203,294,247 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 211,495,164 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 195,665,386 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 211,495,164 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 195,665,386 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 216,625,164 T13 plus the loss to the chapter 313 agreement
T16 220,045,164 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 203,294,247 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,829,778 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 5,130,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,420,000 Loss to Second Previous Homestead Increase

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

169-910-02/Forestburg ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 25,279,410 N/A 25,279,410 25,279,410
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 754,410 N/A 754,410 754,410
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,497,030 N/A 4,497,030 4,497,030
D2 - FARM & RANCH IMP 1,350,160 N/A 1,350,160 1,350,160
E - NON-AG LAND AND IMPROVEMENTS 115,071,570 N/A 115,071,570 115,071,570
F1 - COMMERCIAL REAL 2,358,710 N/A 2,358,710 2,358,710
F2 - INDUSTRIAL REAL 10,401,390 N/A 10,401,390 10,401,390
G - ALL MINERALS 47,370,230 N/A 47,370,230 47,370,230
J - ALL UTILITIES 35,699,560 N/A 35,699,560 35,699,560
L1 - COMMERCIAL PERSONAL 710,640 N/A 710,640 710,640
L2 - INDUSTRIAL PERSONAL 621,120 N/A 621,120 621,120
M1 - MOBILE HOMES 3,490,330 N/A 3,490,330 3,490,330
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 2,780 N/A 2,780 2,780
Subtotal 247,607,340 247,607,340 247,607,340
Less Total Deductions 51,941,954 51,941,954 51,941,954
Total Taxable Value 195,665,386 195,665,386 195,665,386

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 211,495,164 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 195,665,386 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 211,495,164 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 195,665,386 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 216,625,164 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 220,045,164 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 203,294,247 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 211,495,164 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 195,665,386 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 211,495,164 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 195,665,386 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 216,625,164 T13 plus the loss to the chapter 313 agreement
T16 220,045,164 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 203,294,247 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,829,778 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 5,130,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,420,000 Loss to Second Previous Homestead Increase