taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Deduction Detail

170/Montgomery
170-906/Magnolia ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated General $15,000 205,438,591 205,438,591 205,438,591
Homestead - State-Mandated Over-65 or Disabled $10,000 37,345,886 37,345,886 37,345,886
Homestead - 100% Disabled or Unemployable Veterans 17,632,258 17,632,258 17,632,258
Homestead - Disabled Veterans and Surviving Spouse 2,840,820 2,840,820 2,840,820
Homestead - Over-65 or Disabled Freeze Loss 135,765,167 135,765,167 135,765,167
Homestead - 10% Appraisal Cap Loss 124,988,828 124,988,828 124,988,828
Freeport 0 0 0
Pollution Control 189,333 189,333 189,333
Difference Between Taxable and Limited Value for
Chapter 313 Value Limitation Agreement
0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 5,697,805 5,697,805 5,697,805
Prorations 79,942 79,942 79,942
Home Donated by Charity to Disabled Veteran 0 0 0
Methane Gas 0 0 0
Total Deductions Allowed in PVS 529,978,630 529,978,630 529,978,630