taxes Property Tax Assistance

2019 ISD Summary Worksheet

189-Presidio

189-901/Marfa ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 143,887,397 0.7665 187,720,022 187,720,022
B. MULTIFAMILY RESIDENCES 2,062,754 N/A 2,062,754 2,062,754
C1. VACANT LOTS 10,863,803 N/A 10,863,803 10,863,803
D1. QUALIFIED AG LAND 11,693,918 0.6173 18,942,150 18,942,150
E. REAL PROP NONQUAL ACREAGE 39,331,146 1.0650 36,930,654 36,930,654
F1. COMMERCIAL REAL 40,601,048 0.9364 43,358,659 43,358,659
F2. INDUSTRIAL REAL 12,745,070 N/A 12,745,070 12,745,070
J. UTILITIES 160,400,340 0.9879 162,364,956 162,364,956
L1. COMMERCIAL PERSONAL 7,007,000 N/A 7,007,000 7,007,000
L2. INDUSTRIAL PERSONAL 2,439,040 N/A 2,439,040 2,439,040
M. MOBILE HOMES 2,289,980 N/A 2,289,980 2,289,980
Subtotal 433,321,496 0 486,724,088 486,724,088
Less Total Deductions 39,733,523 0 53,621,670 53,621,670
Total Taxable Value 393,587,973 0 433,102,418 433,102,418

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
438,256,976 433,102,418 438,256,976 433,102,418


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,154,558 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
438,256,976 433,102,418 438,256,976 433,102,418

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

189-901-02/Marfa ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 143,887,397 0.7665 187,720,022 187,720,022
B. MULTIFAMILY RESIDENCES 2,062,754 N/A 2,062,754 2,062,754
C1. VACANT LOTS 10,863,803 N/A 10,863,803 10,863,803
D1. QUALIFIED AG LAND 11,693,918 0.6173 18,942,150 18,942,150
E. REAL PROP NONQUAL ACREAGE 39,331,146 1.0650 36,930,654 36,930,654
F1. COMMERCIAL REAL 40,601,048 0.9364 43,358,659 43,358,659
F2. INDUSTRIAL REAL 12,745,070 N/A 12,745,070 12,745,070
J. UTILITIES 160,400,340 0.9879 162,364,956 162,364,956
L1. COMMERCIAL PERSONAL 7,007,000 N/A 7,007,000 7,007,000
L2. INDUSTRIAL PERSONAL 2,439,040 N/A 2,439,040 2,439,040
M. MOBILE HOMES 2,289,980 N/A 2,289,980 2,289,980
Subtotal 433,321,496 486,724,088 486,724,088
Less Total Deductions 39,733,523 53,621,670 53,621,670
Total Taxable Value 393,587,973 433,102,418 433,102,418

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
438,256,976 433,102,418 438,256,976 433,102,418


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,154,558 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
438,256,976 433,102,418 438,256,976 433,102,418

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