taxes Property Tax Assistance

2020 ISD Summary Worksheet

073-Falls

073-903/Marlin ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 123,412,096 0.9075 135,991,290 135,991,290
B - MULTIFAMILY 4,794,700 N/A 4,794,700 4,794,700
C1 - VACANT LOTS 3,116,037 N/A 3,116,037 3,116,037
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 22,480,185 1.0003 22,472,750 22,472,750
D2 - FARM & RANCH IMP 5,559,557 N/A 5,559,557 5,559,557
E - NON-AG LAND AND IMPROVEMENTS 60,160,658 0.8116 74,125,996 74,125,996
F1 - COMMERCIAL REAL 30,893,300 0.8971 34,436,852 34,436,852
F2 - INDUSTRIAL REAL 5,736,460 N/A 5,736,460 5,736,460
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 83,183,090 0.9458 87,949,979 87,949,979
L1 - COMMERCIAL PERSONAL 13,032,130 N/A 13,032,130 13,032,130
L2 - INDUSTRIAL PERSONAL 19,102,340 N/A 19,102,340 19,102,340
M1 - MOBILE HOMES 3,467,660 N/A 3,467,660 3,467,660
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 4,479,070 N/A 4,479,070 4,479,070
Subtotal 379,417,283 0 414,264,821 414,264,821
Less Total Deductions 67,849,189 0 74,076,710 74,076,710
Total Taxable Value 311,568,094 0 340,188,111 340,188,111

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
352,259,262 340,188,111 352,259,262 340,188,111


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,071,151 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
352,259,262 340,188,111 352,259,262 340,188,111

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)

073-903-02/Marlin ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 123,412,096 0.9075 135,991,290 135,991,290
B - MULTIFAMILY 4,794,700 N/A 4,794,700 4,794,700
C1 - VACANT LOTS 3,116,037 N/A 3,116,037 3,116,037
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 22,480,185 1.0003 22,472,750 22,472,750
D2 - FARM & RANCH IMP 5,559,557 N/A 5,559,557 5,559,557
E - NON-AG LAND AND IMPROVEMENTS 60,160,658 0.8116 74,125,996 74,125,996
F1 - COMMERCIAL REAL 30,893,300 0.8971 34,436,852 34,436,852
F2 - INDUSTRIAL REAL 5,736,460 N/A 5,736,460 5,736,460
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 83,183,090 0.9458 87,949,979 87,949,979
L1 - COMMERCIAL PERSONAL 13,032,130 N/A 13,032,130 13,032,130
L2 - INDUSTRIAL PERSONAL 19,102,340 N/A 19,102,340 19,102,340
M1 - MOBILE HOMES 3,467,660 N/A 3,467,660 3,467,660
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 4,479,070 N/A 4,479,070 4,479,070
Subtotal 379,417,283 414,264,821 414,264,821
Less Total Deductions 67,849,189 74,076,710 74,076,710
Total Taxable Value 311,568,094 340,188,111 340,188,111

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
352,259,262 340,188,111 352,259,262 340,188,111


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,071,151 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
352,259,262 340,188,111 352,259,262 340,188,111

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