taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

170/Montgomery

170-903/Montgomery 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 4,663,356,649 .9286 5,021,921,871 4,663,356,649
B. Multi-Family Residences 22,564,130 N/A 22,564,130 22,564,130
C1. Vacant Lots 238,513,103 N/A 238,513,103 238,513,103
C2. Colonia Lots 13,500 N/A 13,500 13,500
D1. Rural Real(Taxable) 10,473,336 1.0449 10,023,200 10,473,336
D2. Real Prop Farm & Ranch 5,379,110 N/A 5,379,110 5,379,110
E. Real Prop NonQual Acres 243,966,994 N/A 243,966,994 243,966,994
F1. Commercial Real 211,544,864 N/A 211,544,864 211,544,864
F2. Industrial Real 447,900 N/A 447,900 447,900
G. Oil, Gas, Minerals 3,195,310 N/A 3,195,310 3,195,310
J. Utilities 94,742,734 N/A 94,742,734 94,742,734
L1. Commercial Personal 94,299,618 N/A 94,299,618 94,299,618
L2. Industrial Personal 13,718,630 N/A 13,718,630 13,718,630
M. Other Personal 7,644,090 N/A 7,644,090 7,644,090
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 17,839,310 N/A 17,839,310 17,839,310
S. Special Inventory 875,625 N/A 875,625 875,625
Subtotal 5,628,574,903 5,986,689,989 5,628,574,903
Less Total Deductions 829,492,237   942,953,988 829,492,237
Total Taxable Value 4,799,082,666 5,043,736,001 4,799,082,666 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
4,915,178,178 4,799,082,666 4,915,178,178 4,799,082,666


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
116,095,512 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
4,915,178,178 4,799,082,666 4,915,178,178 4,799,082,666

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.