taxes Property Tax Assistance

2016 Deduction Detail

170/Montgomery
170-906/Magnolia ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 356,325,523 356,325,523 356,325,523
Homestead - State-Mandated Over-65 or Disabled $10,000 41,117,656 41,117,656 41,117,656
Homestead - 100% Disabled or Unemployable Veterans 23,062,812 23,062,812 23,062,812
Homestead - Disabled Veterans and Surviving Spouse 3,361,200 3,361,200 3,361,200
Homestead - Over-65 or Disabled Freeze Loss 228,352,881 245,110,910 228,352,881
Homestead - 10% Appraisal Cap Loss 226,330,034 230,549,082 226,330,034
Freeport 0 0 0
Pollution Control 151,467 151,467 151,467
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 6,551,069 6,551,069 6,551,069
Prorations 146,980 146,980 146,980
Home Donated by Charity to Disabled Veteran 0 0 0
Total Deductions Allowed in PVS 885,399,622 906,376,699 885,399,622