taxes Property Tax Assistance

2016 ISD Summary Worksheet

170/Montgomery

170-907/Splendora ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 506,078,884 .9481 533,782,179 506,078,884
B. Multi-Family Residences 268,610 N/A 268,610 268,610
C1. Vacant Lots 51,755,010 N/A 51,755,010 51,755,010
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,022,162 1.1049 7,260,246 8,022,162
D2. Real Prop Farm & Ranch 130,990 N/A 130,990 130,990
E. Real Prop NonQual Acres 109,301,044 .9556 114,379,494 109,301,044
F1. Commercial Real 31,045,813 N/A 31,045,813 31,045,813
F2. Industrial Real 5,003,750 N/A 5,003,750 5,003,750
G. Oil, Gas, Minerals 14,160 N/A 14,160 14,160
J. Utilities 33,691,410 N/A 33,691,410 33,691,410
L1. Commercial Personal 46,783,101 1.0120 46,228,361 46,783,101
L2. Industrial Personal 25,860,140 N/A 25,860,140 25,860,140
M. Other Personal 15,336,787 N/A 15,336,787 15,336,787
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 384,600 N/A 384,600 384,600
Subtotal 833,676,461 865,141,550 833,676,461
Less Total Deductions 200,272,543   209,926,750 200,272,543
Total Taxable Value 633,403,918 655,214,800 633,403,918 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
659,131,375 633,403,918 659,131,375 633,403,918


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,727,457 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
659,131,375 633,403,918 659,131,375 633,403,918

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 to be valid, and local value was certified