taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

170/Montgomery

170-903/Montgomery ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 4,123,709,949 N/A 4,123,709,949 4,123,709,949
B. Multi-Family Residences 22,564,130 N/A 22,564,130 22,564,130
C1. Vacant Lots 207,602,485 N/A 207,602,485 207,602,485
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,693,818 N/A 11,693,818 11,693,818
D2. Real Prop Farm & Ranch 5,985,130 N/A 5,985,130 5,985,130
E. Real Prop NonQual Acres 204,656,292 N/A 204,656,292 204,656,292
F1. Commercial Real 188,041,573 N/A 188,041,573 188,041,573
F2. Industrial Real 447,900 N/A 447,900 447,900
G. Oil, Gas, Minerals 4,576,441 N/A 4,576,441 4,576,441
J. Utilities 86,125,784 N/A 86,125,784 86,125,784
L1. Commercial Personal 80,078,506 N/A 80,078,506 80,078,506
L2. Industrial Personal 13,397,140 N/A 13,397,140 13,397,140
M. Other Personal 6,220,260 N/A 6,220,260 6,220,260
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 24,065,980 N/A 24,065,980 24,065,980
S. Special Inventory 640,690 N/A 640,690 640,690
Subtotal 4,979,806,078 4,979,806,078 4,979,806,078
Less Total Deductions 602,634,291   602,634,291 602,634,291
Total Taxable Value 4,377,171,787 4,377,171,787 4,377,171,787 T2

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
4,492,622,370 4,377,171,787 4,492,622,370 4,377,171,787 4,425,390,369 4,425,390,369


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
115,450,583 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
4,492,622,370 4,377,171,787 4,492,622,370 4,377,171,787 4,425,390,369 4,425,390,369

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