taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

169/Montague

169-902/Nocona ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 110,600,040 .9648 114,635,199 110,600,040
B. Multi-Family Residences 4,039,460 N/A 4,039,460 4,039,460
C. Vacant Lots 4,135,620 N/A 4,135,620 4,135,620
D. Rural Real(Taxable) 63,106,940 .9542 66,138,211 63,106,940
F1. Commercial Real 16,450,150 .9950 16,532,814 16,450,150
F2. Industrial Real 818,860 N/A 818,860 818,860
G. Oil, Gas, Minerals 21,825,168 1.0120 21,566,372 21,825,168
J. Utilities 17,580,790 N/A 17,580,790 17,580,790
L1. Commercial Personal 5,451,290 N/A 5,451,290 5,451,290
L2. Industrial Personal 4,657,760 N/A 4,657,760 4,657,760
M. Other Personal 1,826,190 N/A 1,826,190 1,826,190
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 311,500 N/A 311,500 311,500
S. Special Inventory 162,720 N/A 162,720 162,720
Subtotal 250,966,488 257,856,786 250,966,488
Less Total Deductions 36,828,112   38,481,518 36,828,112
Total Taxable Value 214,138,376 219,375,268 214,138,376 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 57,050,910 .9450 60,371,333
Prod Value Qualified Acres 6,056,030 1.0501 5,766,878
Taxable Value 63,106,940   66,138,211

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
225,434,383 214,138,376 225,434,383 214,138,376 217,894,049 217,894,049


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,296,007 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
225,434,383 214,138,376 225,434,383 214,138,376 217,894,049 217,894,049

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified