taxes Property Tax Assistance

2016 ISD Summary Worksheet

169/Montague

169-909/Prairie Valley ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 29,001,120 .9123 31,789,017 29,001,120
B. Multi-Family Residences 109,940 N/A 109,940 109,940
C1. Vacant Lots 1,826,500 N/A 1,826,500 1,826,500
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,595,880 1.1192 4,106,403 4,595,880
D2. Real Prop Farm & Ranch 600,890 N/A 600,890 600,890
E. Real Prop NonQual Acres 17,443,660 .9936 17,556,019 17,443,660
F1. Commercial Real 354,620 N/A 354,620 354,620
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 25,031,120 1.0183 24,581,283 25,031,120
J. Utilities 14,158,070 .9033 15,673,719 14,158,070
L1. Commercial Personal 59,190 N/A 59,190 59,190
L2. Industrial Personal 1,154,360 N/A 1,154,360 1,154,360
M. Other Personal 839,980 N/A 839,980 839,980
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 246,920 N/A 246,920 246,920
S. Special Inventory 0 N/A 0 0
Subtotal 95,422,250 98,898,841 95,422,250
Less Total Deductions 8,153,306   9,285,020 8,153,306
Total Taxable Value 87,268,944 89,613,821 87,268,944 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
88,765,095 87,268,944 88,765,095 87,268,944


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,496,151 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
88,765,095 87,268,944 88,765,095 87,268,944

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