taxes Property Tax Assistance

2019 ISD Summary Worksheet

234-Van Zandt

234-905/Martins Mill ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	33,004,910	1.0182	32,414,958	33,004,910
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	1,227,330	N/A	1,227,330	1,227,330
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,772,180	1.0008	4,768,286	4,772,180
D2. REAL PROP:FARM & RANCH	2,230,720	N/A	2,230,720	2,230,720
E. REAL PROP NONQUAL ACREAGE	95,590,650	1.0570	90,435,809	95,590,650
F1. COMMERCIAL REAL	3,311,640	N/A	3,311,640	3,311,640
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	404,753	N/A	404,753	404,753
J. UTILITIES	5,991,004	N/A	5,991,004	5,991,004
L1. COMMERCIAL PERSONAL	928,130	N/A	928,130	928,130
L2. INDUSTRIAL PERSONAL	432,414	N/A	432,414	432,414
M. MOBILE HOMES	2,029,480	N/A	2,029,480	2,029,480
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	149,923,211	0	144,174,524	149,923,211
Less Total Deductions	27,399,148	0	26,717,934	27,399,148
Total Taxable Value	122,524,063	0	117,456,590	122,524,063

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
127,122,969	122,524,063	127,122,969	122,524,063

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,598,906	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
127,122,969	122,524,063	127,122,969	122,524,063

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

234-905-02/Martins Mill ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	33,004,910	1.0182	32,414,958	33,004,910
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	1,227,330	N/A	1,227,330	1,227,330
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,772,180	1.0008	4,768,286	4,772,180
D2. REAL PROP:FARM & RANCH	2,230,720	N/A	2,230,720	2,230,720
E. REAL PROP NONQUAL ACREAGE	95,590,650	1.0570	90,435,809	95,590,650
F1. COMMERCIAL REAL	3,311,640	N/A	3,311,640	3,311,640
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	404,753	N/A	404,753	404,753
J. UTILITIES	5,991,004	N/A	5,991,004	5,991,004
L1. COMMERCIAL PERSONAL	928,130	N/A	928,130	928,130
L2. INDUSTRIAL PERSONAL	432,414	N/A	432,414	432,414
M. MOBILE HOMES	2,029,480	N/A	2,029,480	2,029,480
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	149,923,211		144,174,524	149,923,211
Less Total Deductions	27,399,148		26,717,934	27,399,148
Total Taxable Value	122,524,063		117,456,590	122,524,063

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
127,122,969	122,524,063	127,122,969	122,524,063

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,598,906	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
127,122,969	122,524,063	127,122,969	122,524,063

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