taxes Property Tax Assistance

2024 ISD Summary Worksheet

Montague ISD (all splits)   Montague County  

169-Montague/Montague County

169-908/Montague ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 27,381,240 0.9578 28,587,638 27,381,240
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 673,990 N/A 673,990 673,990
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,035,340 1.0664 970,866 1,035,340
D2 - FARM & RANCH IMP 390,180 N/A 390,180 390,180
E - NON-AG LAND AND IMPROVEMENTS 36,252,900 1.0566 34,310,903 36,252,900
F1 - COMMERCIAL REAL 3,600,150 N/A 3,600,150 3,600,150
F2 - INDUSTRIAL REAL 171,320 N/A 171,320 171,320
G - ALL MINERALS 1,317,690 N/A 1,317,690 1,317,690
J - ALL UTILITIES 6,638,740 0.9570 6,937,032 6,638,740
L1 - COMMERCIAL PERSONAL 807,880 N/A 807,880 807,880
L2 - INDUSTRIAL PERSONAL 2,215,190 N/A 2,215,190 2,215,190
M1 - MOBILE HOMES 1,319,400 N/A 1,319,400 1,319,400
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 81,804,020 0 81,302,239 81,804,020
Less Total Deductions 25,681,442 0 26,482,615 25,681,442
Total Taxable Value 56,122,578 0 54,819,624 56,122,578

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 65,309,960 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 56,122,578 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 65,309,960 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 56,122,578 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 68,264,960 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 70,234,960 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 60,222,948 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 65,309,960 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 56,122,578 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 65,309,960 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 56,122,578 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 68,264,960 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 70,234,960 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 60,222,948 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 9,187,382 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 2,955,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,970,000 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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169-908-02/Montague ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 27,381,240 0.9578 28,587,638 27,381,240
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 673,990 N/A 673,990 673,990
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,035,340 1.0664 970,866 1,035,340
D2 - FARM & RANCH IMP 390,180 N/A 390,180 390,180
E - NON-AG LAND AND IMPROVEMENTS 36,252,900 1.0566 34,310,903 36,252,900
F1 - COMMERCIAL REAL 3,600,150 N/A 3,600,150 3,600,150
F2 - INDUSTRIAL REAL 171,320 N/A 171,320 171,320
G - ALL MINERALS 1,317,690 N/A 1,317,690 1,317,690
J - ALL UTILITIES 6,638,740 0.9570 6,937,032 6,638,740
L1 - COMMERCIAL PERSONAL 807,880 N/A 807,880 807,880
L2 - INDUSTRIAL PERSONAL 2,215,190 N/A 2,215,190 2,215,190
M1 - MOBILE HOMES 1,319,400 N/A 1,319,400 1,319,400
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 81,804,020 81,302,239 81,804,020
Less Total Deductions 25,681,442 26,482,615 25,681,442
Total Taxable Value 56,122,578 54,819,624 56,122,578

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 65,309,960 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 56,122,578 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 65,309,960 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 56,122,578 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 68,264,960 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 70,234,960 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 60,222,948 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 65,309,960 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 56,122,578 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 65,309,960 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 56,122,578 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 68,264,960 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 70,234,960 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 60,222,948 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 9,187,382 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 2,955,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,970,000 Loss to the third most recent increase in the state-mandated homestead exemption

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