taxes Property Tax Assistance

2019 ISD Summary Worksheet

174-Nacogdoches

174-909/Martinsville ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 18,735,680 N/A 18,735,680 18,735,680
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 611,980 N/A 611,980 611,980
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,992,227 N/A 5,992,227 5,992,227
D2. REAL PROP:FARM & RANCH 3,609,710 N/A 3,609,710 3,609,710
E. REAL PROP NONQUAL ACREAGE 31,593,950 N/A 31,593,950 31,593,950
F1. COMMERCIAL REAL 1,192,450 N/A 1,192,450 1,192,450
F2. INDUSTRIAL REAL 230,320 N/A 230,320 230,320
G. OIL,GAS,MINERALS 11,182,830 N/A 11,182,830 11,182,830
J. UTILITIES 22,006,210 N/A 22,006,210 22,006,210
L1. COMMERCIAL PERSONAL 631,680 N/A 631,680 631,680
L2. INDUSTRIAL PERSONAL 4,943,260 N/A 4,943,260 4,943,260
M. MOBILE HOMES 2,342,020 N/A 2,342,020 2,342,020
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 103,072,317 0 103,072,317 103,072,317
Less Total Deductions 19,846,714 0 19,846,714 19,846,714
Total Taxable Value 83,225,603 0 83,225,603 83,225,603

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
86,274,403 83,225,603 82,651,413 79,602,613


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,048,800 3,622,990


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
86,274,403 83,225,603 82,651,413 79,602,613

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 18,735,680 N/A 18,735,680 18,735,680
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 611,980 N/A 611,980 611,980
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,992,227 N/A 5,992,227 5,992,227
D2. REAL PROP:FARM & RANCH 3,609,710 N/A 3,609,710 3,609,710
E. REAL PROP NONQUAL ACREAGE 31,593,950 N/A 31,593,950 31,593,950
F1. COMMERCIAL REAL 1,192,450 N/A 1,192,450 1,192,450
F2. INDUSTRIAL REAL 230,320 N/A 230,320 230,320
G. OIL,GAS,MINERALS 11,182,830 N/A 11,182,830 11,182,830
J. UTILITIES 22,006,210 N/A 22,006,210 22,006,210
L1. COMMERCIAL PERSONAL 631,680 N/A 631,680 631,680
L2. INDUSTRIAL PERSONAL 4,943,260 N/A 4,943,260 4,943,260
M. MOBILE HOMES 2,342,020 N/A 2,342,020 2,342,020
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 103,072,317 103,072,317 103,072,317
Less Total Deductions 19,846,714 19,846,714 19,846,714
Total Taxable Value 83,225,603 83,225,603 83,225,603

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
86,274,403 83,225,603 82,651,413 79,602,613


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,048,800 3,622,990


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
86,274,403 83,225,603 82,651,413 79,602,613

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