taxes Property Tax Assistance

2017 ISD Summary Worksheet

170/Montgomery

170-903/Montgomery ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 5,314,717,936 .9806 5,419,863,284 5,314,717,936
B. Multi-Family Residences 35,568,290 N/A 35,568,290 35,568,290
C1. Vacant Lots 228,071,711 N/A 228,071,711 228,071,711
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,696,248 1.0690 9,070,468 9,696,248
D2. Real Prop Farm & Ranch 4,058,050 N/A 4,058,050 4,058,050
E. Real Prop NonQual Acres 311,974,130 .9241 337,597,803 311,974,130
F1. Commercial Real 268,875,297 .9457 284,313,521 268,875,297
F2. Industrial Real 5,214,180 N/A 5,214,180 5,214,180
G. Oil, Gas, Minerals 2,649,720 N/A 2,649,720 2,649,720
J. Utilities 106,118,240 N/A 106,118,240 106,118,240
L1. Commercial Personal 90,114,263 N/A 90,114,263 90,114,263
L2. Industrial Personal 15,202,300 N/A 15,202,300 15,202,300
M. Other Personal 9,254,130 N/A 9,254,130 9,254,130
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 43,456,143 N/A 43,456,143 43,456,143
S. Special Inventory 642,176 N/A 642,176 642,176
Subtotal 6,445,612,814 6,591,194,279 6,445,612,814
Less Total Deductions 907,764,514   938,430,998 907,764,514
Total Taxable Value 5,537,848,300 5,652,763,281 5,537,848,300 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
5,665,208,728 5,537,848,300 5,665,208,728 5,537,848,300


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
127,360,428 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
5,665,208,728 5,537,848,300 5,665,208,728 5,537,848,300

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