taxes Property Tax Assistance

2024 ISD Summary Worksheet

Prairie Valley ISD (all splits)   Montague County  

169-Montague/Montague County

169-909/Prairie Valley ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 70,866,990 0.9473 74,809,448 70,866,990
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 6,184,730 N/A 6,184,730 6,184,730
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,681,000 1.0583 4,423,224 4,681,000
D2 - FARM & RANCH IMP 1,073,420 N/A 1,073,420 1,073,420
E - NON-AG LAND AND IMPROVEMENTS 40,984,720 1.0113 40,526,768 40,984,720
F1 - COMMERCIAL REAL 814,650 N/A 814,650 814,650
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 21,696,670 0.9987 21,724,912 21,696,670
J - ALL UTILITIES 13,963,200 N/A 13,963,200 13,963,200
L1 - COMMERCIAL PERSONAL 55,040 N/A 55,040 55,040
L2 - INDUSTRIAL PERSONAL 638,670 N/A 638,670 638,670
M1 - MOBILE HOMES 2,496,910 N/A 2,496,910 2,496,910
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 72,540 N/A 72,540 72,540
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 163,528,540 0 166,783,512 163,528,540
Less Total Deductions 41,822,888 0 43,573,931 41,822,888
Total Taxable Value 121,705,652 0 123,209,581 121,705,652

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 130,709,254 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 121,705,652 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 130,709,254 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 121,705,652 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 134,654,254 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 137,284,254 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 128,303,476 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 130,709,254 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 121,705,652 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 130,709,254 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 121,705,652 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 134,654,254 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 137,284,254 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 128,303,476 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 9,003,602 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 3,945,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,630,000 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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169-909-02/Prairie Valley ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 70,866,990 0.9473 74,809,448 70,866,990
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 6,184,730 N/A 6,184,730 6,184,730
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,681,000 1.0583 4,423,224 4,681,000
D2 - FARM & RANCH IMP 1,073,420 N/A 1,073,420 1,073,420
E - NON-AG LAND AND IMPROVEMENTS 40,984,720 1.0113 40,526,768 40,984,720
F1 - COMMERCIAL REAL 814,650 N/A 814,650 814,650
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 21,696,670 0.9987 21,724,912 21,696,670
J - ALL UTILITIES 13,963,200 N/A 13,963,200 13,963,200
L1 - COMMERCIAL PERSONAL 55,040 N/A 55,040 55,040
L2 - INDUSTRIAL PERSONAL 638,670 N/A 638,670 638,670
M1 - MOBILE HOMES 2,496,910 N/A 2,496,910 2,496,910
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 72,540 N/A 72,540 72,540
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 163,528,540 166,783,512 163,528,540
Less Total Deductions 41,822,888 43,573,931 41,822,888
Total Taxable Value 121,705,652 123,209,581 121,705,652

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 130,709,254 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 121,705,652 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 130,709,254 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 121,705,652 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 134,654,254 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 137,284,254 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 128,303,476 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 130,709,254 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 121,705,652 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 130,709,254 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 121,705,652 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 134,654,254 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 137,284,254 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 128,303,476 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 9,003,602 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 3,945,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,630,000 Loss to the third most recent increase in the state-mandated homestead exemption

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