taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

170/Montgomery

170-902/Conroe ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 22,048,504,602 .9263 23,802,768,652 22,048,504,602
B. Multi-Family Residences 1,364,434,180 1.0275 1,327,916,477 1,364,434,180
C1. Vacant Lots 499,982,464 .9786 510,916,068 499,982,464
C2. Colonia Lots 885,850 N/A 885,850 885,850
D1. Rural Real(Taxable) 44,668,314 1.0039 44,495,227 44,668,314
D2. Real Prop Farm & Ranch 714,590 N/A 714,590 714,590
E. Real Prop NonQual Acres 366,124,277 .7479 489,536,405 366,124,277
F1. Commercial Real 5,487,088,559 .9722 5,643,991,523 5,487,088,559
F2. Industrial Real 202,131,582 N/A 202,131,582 202,131,582
G. Oil, Gas, Minerals 160,952,200 1.0448 154,050,727 160,952,200
J. Utilities 364,789,040 1.0215 357,111,150 364,789,040
L1. Commercial Personal 1,879,045,926 1.0040 1,871,559,687 1,879,045,926
L2. Industrial Personal 1,192,785,266 N/A 1,192,785,266 1,192,785,266
M. Other Personal 48,472,782 N/A 48,472,782 48,472,782
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 41,391,730 N/A 41,391,730 41,391,730
S. Special Inventory 83,024,438 N/A 83,024,438 83,024,438
Subtotal 33,784,995,800 35,771,752,154 33,784,995,800
Less Total Deductions 4,153,264,256   4,530,334,196 4,153,264,256
Total Taxable Value 29,631,731,544 31,241,417,958 29,631,731,544 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
30,216,897,814 29,631,731,544 30,216,897,814 29,631,731,544


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
585,166,270 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
30,216,897,814 29,631,731,544 30,216,897,814 29,631,731,544

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

The PVS found your local value invalid, but local value was certified because your school district is in year one of the grace period.