taxes Property Tax Assistance

2017 ISD Summary Worksheet

170/Montgomery

170-907/Splendora ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 550,127,243 .9804 561,125,299 550,127,243
B. Multi-Family Residences 268,610 N/A 268,610 268,610
C1. Vacant Lots 96,953,730 .7718 125,620,277 96,953,730
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,081,051 1.0819 7,469,190 8,081,051
D2. Real Prop Farm & Ranch 189,340 N/A 189,340 189,340
E. Real Prop NonQual Acres 114,935,820 1.0359 110,952,621 114,935,820
F1. Commercial Real 40,775,623 N/A 40,775,623 40,775,623
F2. Industrial Real 7,156,280 N/A 7,156,280 7,156,280
G. Oil, Gas, Minerals 7,100 N/A 7,100 7,100
J. Utilities 36,693,380 N/A 36,693,380 36,693,380
L1. Commercial Personal 36,284,021 1.0316 35,172,568 36,284,021
L2. Industrial Personal 13,222,706 N/A 13,222,706 13,222,706
M. Other Personal 15,178,452 N/A 15,178,452 15,178,452
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 540,708 N/A 540,708 540,708
Subtotal 920,414,064 954,372,154 920,414,064
Less Total Deductions 205,120,759   208,763,223 205,120,759
Total Taxable Value 715,293,305 745,608,931 715,293,305 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
742,641,518 715,293,305 742,641,518 715,293,305


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
27,348,213 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
742,641,518 715,293,305 742,641,518 715,293,305

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