taxes Property Tax Assistance

2019 ISD Summary Worksheet

161-McLennan

161-908/Mart ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	62,945,072	N/A	62,945,072	62,945,072
B. MULTIFAMILY RESIDENCES	1,136,990	N/A	1,136,990	1,136,990
C1. VACANT LOTS	3,065,648	N/A	3,065,648	3,065,648
D1. QUALIFIED AG LAND	3,194,807	N/A	3,194,807	3,194,807
D2. REAL PROP:FARM & RANCH	1,530,860	N/A	1,530,860	1,530,860
E. REAL PROP NONQUAL ACREAGE	23,811,570	N/A	23,811,570	23,811,570
F1. COMMERCIAL REAL	8,368,370	N/A	8,368,370	8,368,370
F2. INDUSTRIAL REAL	610,780	N/A	610,780	610,780
J. UTILITIES	6,740,660	N/A	6,740,660	6,740,660
L1. COMMERCIAL PERSONAL	2,125,310	N/A	2,125,310	2,125,310
L2. INDUSTRIAL PERSONAL	137,550	N/A	137,550	137,550
M. MOBILE HOMES	1,358,381	N/A	1,358,381	1,358,381
S. SPECIAL INVENTORY	2,070	N/A	2,070	2,070
Subtotal	115,028,068	0	115,028,068	115,028,068
Less Total Deductions	27,205,581	0	27,205,581	27,205,581
Total Taxable Value	87,822,487	0	87,822,487	87,822,487

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
92,839,610	87,822,487	92,839,610	87,822,487

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,017,123	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
92,839,610	87,822,487	92,839,610	87,822,487

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	62,945,072	N/A	62,945,072	62,945,072
B. MULTIFAMILY RESIDENCES	1,136,990	N/A	1,136,990	1,136,990
C1. VACANT LOTS	3,065,648	N/A	3,065,648	3,065,648
D1. QUALIFIED AG LAND	3,194,807	N/A	3,194,807	3,194,807
D2. REAL PROP:FARM & RANCH	1,530,860	N/A	1,530,860	1,530,860
E. REAL PROP NONQUAL ACREAGE	23,811,570	N/A	23,811,570	23,811,570
F1. COMMERCIAL REAL	8,368,370	N/A	8,368,370	8,368,370
F2. INDUSTRIAL REAL	610,780	N/A	610,780	610,780
J. UTILITIES	6,740,660	N/A	6,740,660	6,740,660
L1. COMMERCIAL PERSONAL	2,125,310	N/A	2,125,310	2,125,310
L2. INDUSTRIAL PERSONAL	137,550	N/A	137,550	137,550
M. MOBILE HOMES	1,358,381	N/A	1,358,381	1,358,381
S. SPECIAL INVENTORY	2,070	N/A	2,070	2,070
Subtotal	115,028,068		115,028,068	115,028,068
Less Total Deductions	27,205,581		27,205,581	27,205,581
Total Taxable Value	87,822,487		87,822,487	87,822,487

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
92,839,610	87,822,487	92,839,610	87,822,487

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,017,123	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
92,839,610	87,822,487	92,839,610	87,822,487

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