taxes Property Tax Assistance

2020 ISD Summary Worksheet

234-Van Zandt

234-905/Martins Mill ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	36,675,550	N/A	36,675,550	36,675,550
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,239,460	N/A	1,239,460	1,239,460
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,090,759	N/A	5,090,759	5,090,759
D2 - FARM & RANCH IMP	1,930,110	N/A	1,930,110	1,930,110
E - NON-AG LAND AND IMPROVEMENTS	111,399,532	N/A	111,399,532	111,399,532
F1 - COMMERCIAL REAL	3,814,060	N/A	3,814,060	3,814,060
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	258,529	N/A	258,529	258,529
J - ALL UTILITIES	10,397,070	N/A	10,397,070	10,397,070
L1 - COMMERCIAL PERSONAL	837,230	N/A	837,230	837,230
L2 - INDUSTRIAL PERSONAL	98,609	N/A	98,609	98,609
M1 - MOBILE HOMES	2,869,750	N/A	2,869,750	2,869,750
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	174,610,659	0	174,610,659	174,610,659
Less Total Deductions	31,621,306	0	31,621,306	31,621,306
Total Taxable Value	142,989,353	0	142,989,353	142,989,353

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
147,639,896	142,989,353	147,639,896	142,989,353

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,650,543	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
147,639,896	142,989,353	147,639,896	142,989,353

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

234-905-02/Martins Mill ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	36,675,550	N/A	36,675,550	36,675,550
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,239,460	N/A	1,239,460	1,239,460
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,090,759	N/A	5,090,759	5,090,759
D2 - FARM & RANCH IMP	1,930,110	N/A	1,930,110	1,930,110
E - NON-AG LAND AND IMPROVEMENTS	111,399,532	N/A	111,399,532	111,399,532
F1 - COMMERCIAL REAL	3,814,060	N/A	3,814,060	3,814,060
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	258,529	N/A	258,529	258,529
J - ALL UTILITIES	10,397,070	N/A	10,397,070	10,397,070
L1 - COMMERCIAL PERSONAL	837,230	N/A	837,230	837,230
L2 - INDUSTRIAL PERSONAL	98,609	N/A	98,609	98,609
M1 - MOBILE HOMES	2,869,750	N/A	2,869,750	2,869,750
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	174,610,659		174,610,659	174,610,659
Less Total Deductions	31,621,306		31,621,306	31,621,306
Total Taxable Value	142,989,353		142,989,353	142,989,353

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
147,639,896	142,989,353	147,639,896	142,989,353

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,650,543	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
147,639,896	142,989,353	147,639,896	142,989,353

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