taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

170/Montgomery

170-907/Splendora ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 363,943,253 N/A 363,943,253 363,943,253
B. Multi-Family Residences 248,540 N/A 248,540 248,540
C1. Vacant Lots 27,724,590 N/A 27,724,590 27,724,590
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,383,963 N/A 8,383,963 8,383,963
D2. Real Prop Farm & Ranch 183,230 N/A 183,230 183,230
E. Real Prop NonQual Acres 69,702,630 N/A 69,702,630 69,702,630
F1. Commercial Real 23,434,261 N/A 23,434,261 23,434,261
F2. Industrial Real 971,400 N/A 971,400 971,400
G. Oil, Gas, Minerals 446,190 N/A 446,190 446,190
J. Utilities 29,825,940 N/A 29,825,940 29,825,940
L1. Commercial Personal 30,977,541 N/A 30,977,541 30,977,541
L2. Industrial Personal 16,792,050 N/A 16,792,050 16,792,050
M. Other Personal 9,905,532 N/A 9,905,532 9,905,532
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 309,269 N/A 309,269 309,269
Subtotal 582,848,389 582,848,389 582,848,389
Less Total Deductions 113,180,148   113,180,148 113,180,148
Total Taxable Value 469,668,241 469,668,241 469,668,241 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
499,379,441 469,668,241 499,379,441 469,668,241 472,113,699 472,113,699


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
29,711,200 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
499,379,441 469,668,241 499,379,441 469,668,241 472,113,699 472,113,699

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