taxes Property Tax Assistance

2018 ISD Summary Worksheet

174-Nacogdoches

174-909/Martinsville ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	17,502,130	0.9400	18,619,287	17,502,130
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	368,960	N/A	368,960	368,960
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,722,740	1.0523	5,438,268	5,722,740
D2. REAL PROP:FARM & RANCH	5,077,830	1.1750	4,321,557	5,077,830
E. REAL PROP NONQUAL ACREAGE	27,510,630	0.9991	27,535,412	27,510,630
F1. COMMERCIAL REAL	1,191,660	N/A	1,191,660	1,191,660
F2. INDUSTRIAL REAL	22,280	N/A	22,280	22,280
G. OIL,GAS,MINERALS	12,706,070	1.0016	12,685,773	12,706,070
J. UTILITIES	19,202,340	0.9421	20,382,486	19,202,340
L1. COMMERCIAL PERSONAL	797,800	N/A	797,800	797,800
L2. INDUSTRIAL PERSONAL	402,120	N/A	402,120	402,120
M. MOBILE HOMES	2,212,400	N/A	2,212,400	2,212,400
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	92,716,960	0	93,978,003	92,716,960
Less Total Deductions	18,521,874	0	19,537,476	18,521,874
Total Taxable Value	74,195,086	0	74,440,527	74,195,086

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
77,267,506	74,195,086	73,796,906	70,724,486

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,072,420	3,470,600

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
77,267,506	74,195,086	73,796,906	70,724,486

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

174-909-02/Martinsville ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	17,502,130	0.9400	18,619,287	17,502,130
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	368,960	N/A	368,960	368,960
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,722,740	1.0523	5,438,268	5,722,740
D2. REAL PROP:FARM & RANCH	5,077,830	1.1750	4,321,557	5,077,830
E. REAL PROP NONQUAL ACREAGE	27,510,630	0.9991	27,535,412	27,510,630
F1. COMMERCIAL REAL	1,191,660	N/A	1,191,660	1,191,660
F2. INDUSTRIAL REAL	22,280	N/A	22,280	22,280
G. OIL,GAS,MINERALS	12,706,070	1.0016	12,685,773	12,706,070
J. UTILITIES	19,202,340	0.9421	20,382,486	19,202,340
L1. COMMERCIAL PERSONAL	797,800	N/A	797,800	797,800
L2. INDUSTRIAL PERSONAL	402,120	N/A	402,120	402,120
M. MOBILE HOMES	2,212,400	N/A	2,212,400	2,212,400
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	92,716,960		93,978,003	92,716,960
Less Total Deductions	18,521,874		19,537,476	18,521,874
Total Taxable Value	74,195,086		74,440,527	74,195,086

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
77,267,506	74,195,086	73,796,906	70,724,486

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,072,420	3,470,600

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
77,267,506	74,195,086	73,796,906	70,724,486

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