taxes Property Tax Assistance

2018 ISD Summary Worksheet

169/Montague

169-909/Prairie Valley ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 32,860,480 .9575 34,319,039 32,860,480
B. Multi-Family Residences 112,940 N/A 112,940 112,940
C1. Vacant Lots 2,189,100 N/A 2,189,100 2,189,100
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,667,670 1.1241 4,152,365 4,667,670
D2. Real Prop Farm & Ranch 559,530 N/A 559,530 559,530
E. Real Prop NonQual Acres 19,696,130 .9186 21,441,465 19,696,130
F1. Commercial Real 423,320 N/A 423,320 423,320
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 21,347,680 .9965 21,422,659 21,347,680
J. Utilities 15,012,890 .8984 16,710,697 15,012,890
L1. Commercial Personal 46,680 N/A 46,680 46,680
L2. Industrial Personal 1,016,480 N/A 1,016,480 1,016,480
M. Other Personal 1,128,900 N/A 1,128,900 1,128,900
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 227,630 N/A 227,630 227,630
S. Special Inventory 0 N/A 0 0
Subtotal 99,289,430 103,750,805 99,289,430
Less Total Deductions 10,089,049   10,760,644 10,089,049
Total Taxable Value 89,200,381 92,990,161 89,200,381 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
90,810,608 89,200,381 90,810,608 89,200,381


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,610,227 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
90,810,608 89,200,381 90,810,608 89,200,381

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