taxes Property Tax Assistance

2018 ISD Summary Worksheet

170/Montgomery

170-907/Splendora ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 585,501,402 N/A 585,501,402 585,501,402
B. Multi-Family Residences 251,720 N/A 251,720 251,720
C1. Vacant Lots 97,249,880 N/A 97,249,880 97,249,880
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,693,201 N/A 7,693,201 7,693,201
D2. Real Prop Farm & Ranch 241,000 N/A 241,000 241,000
E. Real Prop NonQual Acres 119,204,240 N/A 119,204,240 119,204,240
F1. Commercial Real 50,358,843 N/A 50,358,843 50,358,843
F2. Industrial Real 9,106,210 N/A 9,106,210 9,106,210
G. Oil, Gas, Minerals 7,020 N/A 7,020 7,020
J. Utilities 35,701,240 N/A 35,701,240 35,701,240
L1. Commercial Personal 36,015,167 N/A 36,015,167 36,015,167
L2. Industrial Personal 7,322,076 N/A 7,322,076 7,322,076
M. Other Personal 16,018,283 N/A 16,018,283 16,018,283
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 688,592 N/A 688,592 688,592
Subtotal 965,358,874 965,358,874 965,358,874
Less Total Deductions 205,627,295   205,627,295 205,627,295
Total Taxable Value 759,731,579 759,731,579 759,731,579 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
787,869,639 759,731,579 787,869,639 759,731,579


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
28,138,060 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
787,869,639 759,731,579 787,869,639 759,731,579

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