taxes Property Tax Assistance

2024 ISD Summary Worksheet

Nocona ISD (all splits)   Montague County  

169-Montague/Montague County

169-902/Nocona ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 321,281,120 0.9997 321,377,533 321,281,120
B - MULTIFAMILY 5,534,790 N/A 5,534,790 5,534,790
C1 - VACANT LOTS 31,728,360 N/A 31,728,360 31,728,360
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,876,030 1.0799 5,441,210 5,876,030
D2 - FARM & RANCH IMP 2,187,390 N/A 2,187,390 2,187,390
E - NON-AG LAND AND IMPROVEMENTS 140,336,920 1.0423 134,641,581 140,336,920
F1 - COMMERCIAL REAL 40,990,550 0.9341 43,882,400 40,990,550
F2 - INDUSTRIAL REAL 2,851,700 N/A 2,851,700 2,851,700
G - ALL MINERALS 4,128,270 N/A 4,128,270 4,128,270
J - ALL UTILITIES 40,185,600 0.9534 42,149,780 40,185,600
L1 - COMMERCIAL PERSONAL 7,087,807 N/A 7,087,807 7,087,807
L2 - INDUSTRIAL PERSONAL 6,851,760 N/A 6,851,760 6,851,760
M1 - MOBILE HOMES 6,850,940 N/A 6,850,940 6,850,940
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 976,490 N/A 976,490 976,490
S - SPECIAL INVENTORY 162,290 N/A 162,290 162,290
Subtotal 617,030,017 0 615,852,301 617,030,017
Less Total Deductions 244,835,066 0 244,885,712 244,835,066
Total Taxable Value 372,194,951 0 370,966,589 372,194,951

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's office 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 school 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 427,962,571 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 372,194,951 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 427,962,571 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 372,194,951 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 448,137,571 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 461,587,571 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 397,365,917 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 427,962,571 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 372,194,951 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 427,962,571 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 372,194,951 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 448,137,571 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 461,587,571 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 397,365,917 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 55,767,620 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 20,175,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 13,450,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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169-902-02/Nocona ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 321,281,120 0.9997 321,377,533 321,281,120
B - MULTIFAMILY 5,534,790 N/A 5,534,790 5,534,790
C1 - VACANT LOTS 31,728,360 N/A 31,728,360 31,728,360
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,876,030 1.0799 5,441,210 5,876,030
D2 - FARM & RANCH IMP 2,187,390 N/A 2,187,390 2,187,390
E - NON-AG LAND AND IMPROVEMENTS 140,336,920 1.0423 134,641,581 140,336,920
F1 - COMMERCIAL REAL 40,990,550 0.9341 43,882,400 40,990,550
F2 - INDUSTRIAL REAL 2,851,700 N/A 2,851,700 2,851,700
G - ALL MINERALS 4,128,270 N/A 4,128,270 4,128,270
J - ALL UTILITIES 40,185,600 0.9534 42,149,780 40,185,600
L1 - COMMERCIAL PERSONAL 7,087,807 N/A 7,087,807 7,087,807
L2 - INDUSTRIAL PERSONAL 6,851,760 N/A 6,851,760 6,851,760
M1 - MOBILE HOMES 6,850,940 N/A 6,850,940 6,850,940
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 976,490 N/A 976,490 976,490
S - SPECIAL INVENTORY 162,290 N/A 162,290 162,290
Subtotal 617,030,017 615,852,301 617,030,017
Less Total Deductions 244,835,066 244,885,712 244,835,066
Total Taxable Value 372,194,951 370,966,589 372,194,951

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's office 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 school 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 427,962,571 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 372,194,951 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 427,962,571 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 372,194,951 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 448,137,571 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 461,587,571 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 397,365,917 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 427,962,571 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 372,194,951 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 427,962,571 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 372,194,951 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 448,137,571 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 461,587,571 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 397,365,917 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 55,767,620 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 20,175,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 13,450,000 Loss to the third most recent increase in the state-mandated homestead exemption

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