taxes Property Tax Assistance

2019 ISD Summary Worksheet

147-Limestone

161-908/Mart ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,675,740 0.9194 3,997,977 3,675,740
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 27,420 N/A 27,420 27,420
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,618,041 1.0526 4,387,101 4,618,041
D2. REAL PROP:FARM & RANCH 1,365,436 N/A 1,365,436 1,365,436
E. REAL PROP NONQUAL ACREAGE 12,516,470 0.8907 14,052,397 12,516,470
F1. COMMERCIAL REAL 21,780 N/A 21,780 21,780
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 23,433,580 0.9181 25,523,995 23,433,580
L1. COMMERCIAL PERSONAL 124,307 N/A 124,307 124,307
L2. INDUSTRIAL PERSONAL 80,510 N/A 80,510 80,510
M. MOBILE HOMES 202,100 N/A 202,100 202,100
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 600 N/A 600 600
Subtotal 46,065,984 0 49,783,623 46,065,984
Less Total Deductions 6,123,665 0 6,503,227 6,123,665
Total Taxable Value 39,942,319 0 43,280,396 39,942,319

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
40,768,736 39,942,319 40,768,736 39,942,319


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
826,417 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
40,768,736 39,942,319 40,768,736 39,942,319

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

161-908-02/Mart ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,675,740 0.9194 3,997,977 3,675,740
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 27,420 N/A 27,420 27,420
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,618,041 1.0526 4,387,101 4,618,041
D2. REAL PROP:FARM & RANCH 1,365,436 N/A 1,365,436 1,365,436
E. REAL PROP NONQUAL ACREAGE 12,516,470 0.8907 14,052,397 12,516,470
F1. COMMERCIAL REAL 21,780 N/A 21,780 21,780
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 23,433,580 0.9181 25,523,995 23,433,580
L1. COMMERCIAL PERSONAL 124,307 N/A 124,307 124,307
L2. INDUSTRIAL PERSONAL 80,510 N/A 80,510 80,510
M. MOBILE HOMES 202,100 N/A 202,100 202,100
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 600 N/A 600 600
Subtotal 46,065,984 49,783,623 46,065,984
Less Total Deductions 6,123,665 6,503,227 6,123,665
Total Taxable Value 39,942,319 43,280,396 39,942,319

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
40,768,736 39,942,319 40,768,736 39,942,319


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
826,417 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
40,768,736 39,942,319 40,768,736 39,942,319

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