taxes Property Tax Assistance

2020 ISD Summary Worksheet

174-Nacogdoches

174-909/Martinsville ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	19,836,800	0.9838	20,163,448	19,836,800
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	611,380	N/A	611,380	611,380
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,977,273	1.0393	5,750,980	5,977,273
D2 - FARM & RANCH IMP	3,687,140	N/A	3,687,140	3,687,140
E - NON-AG LAND AND IMPROVEMENTS	32,369,610	0.9313	34,757,447	32,369,610
F1 - COMMERCIAL REAL	1,187,290	N/A	1,187,290	1,187,290
F2 - INDUSTRIAL REAL	230,320	N/A	230,320	230,320
G - ALL MINERALS	7,640,410	1.0054	7,599,373	7,640,410
J - ALL UTILITIES	22,706,910	0.9846	23,062,066	22,706,910
L1 - COMMERCIAL PERSONAL	1,020,030	N/A	1,020,030	1,020,030
L2 - INDUSTRIAL PERSONAL	678,150	N/A	678,150	678,150
M1 - MOBILE HOMES	3,067,930	N/A	3,067,930	3,067,930
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	99,013,243	0	101,815,554	99,013,243
Less Total Deductions	20,554,020	0	20,864,697	20,554,020
Total Taxable Value	78,459,223	0	80,950,857	78,459,223

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
81,650,383	78,459,223	77,797,098	74,605,938

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,191,160	3,853,285

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
81,650,383	78,459,223	77,797,098	74,605,938

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	19,836,800	0.9838	20,163,448	19,836,800
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	611,380	N/A	611,380	611,380
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,977,273	1.0393	5,750,980	5,977,273
D2 - FARM & RANCH IMP	3,687,140	N/A	3,687,140	3,687,140
E - NON-AG LAND AND IMPROVEMENTS	32,369,610	0.9313	34,757,447	32,369,610
F1 - COMMERCIAL REAL	1,187,290	N/A	1,187,290	1,187,290
F2 - INDUSTRIAL REAL	230,320	N/A	230,320	230,320
G - ALL MINERALS	7,640,410	1.0054	7,599,373	7,640,410
J - ALL UTILITIES	22,706,910	0.9846	23,062,066	22,706,910
L1 - COMMERCIAL PERSONAL	1,020,030	N/A	1,020,030	1,020,030
L2 - INDUSTRIAL PERSONAL	678,150	N/A	678,150	678,150
M1 - MOBILE HOMES	3,067,930	N/A	3,067,930	3,067,930
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	99,013,243		101,815,554	99,013,243
Less Total Deductions	20,554,020		20,864,697	20,554,020
Total Taxable Value	78,459,223		80,950,857	78,459,223

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
81,650,383	78,459,223	77,797,098	74,605,938

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,191,160	3,853,285

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
81,650,383	78,459,223	77,797,098	74,605,938

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