taxes Property Tax Assistance

2021 ISD Summary Worksheet

Martins Mill ISD (all splits)   Van Zandt County  

234-Van Zandt/Van Zandt County

234-905/Martins Mill ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 44,169,721 1.0228 43,185,101 44,169,721
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,259,940 N/A 1,259,940 1,259,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,636,710 1.1386 4,950,534 5,636,710
D2 - FARM & RANCH IMP 3,609,780 N/A 3,609,780 3,609,780
E - NON-AG LAND AND IMPROVEMENTS 124,498,425 0.9900 125,755,985 124,498,425
F1 - COMMERCIAL REAL 5,008,400 N/A 5,008,400 5,008,400
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 236,990 N/A 236,990 236,990
J - ALL UTILITIES 11,914,640 N/A 11,914,640 11,914,640
L1 - COMMERCIAL PERSONAL 1,196,570 N/A 1,196,570 1,196,570
L2 - INDUSTRIAL PERSONAL 54,570 N/A 54,570 54,570
M1 - MOBILE HOMES 3,172,510 N/A 3,172,510 3,172,510
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 200,758,256 0 200,345,020 200,758,256
Less Total Deductions 39,046,076 0 37,812,252 39,046,076
Total Taxable Value 161,712,180 0 162,532,768 161,712,180

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's office 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 school 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

Measure Value Description
T1 166,601,965 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 161,712,180 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 166,601,965 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 161,712,180 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 166,601,965 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 161,712,180 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 166,601,965 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 161,712,180 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,889,785 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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234-905-02/Martins Mill ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 44,169,721 1.0228 43,185,101 44,169,721
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,259,940 N/A 1,259,940 1,259,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,636,710 1.1386 4,950,534 5,636,710
D2 - FARM & RANCH IMP 3,609,780 N/A 3,609,780 3,609,780
E - NON-AG LAND AND IMPROVEMENTS 124,498,425 0.9900 125,755,985 124,498,425
F1 - COMMERCIAL REAL 5,008,400 N/A 5,008,400 5,008,400
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 236,990 N/A 236,990 236,990
J - ALL UTILITIES 11,914,640 N/A 11,914,640 11,914,640
L1 - COMMERCIAL PERSONAL 1,196,570 N/A 1,196,570 1,196,570
L2 - INDUSTRIAL PERSONAL 54,570 N/A 54,570 54,570
M1 - MOBILE HOMES 3,172,510 N/A 3,172,510 3,172,510
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 200,758,256 200,345,020 200,758,256
Less Total Deductions 39,046,076 37,812,252 39,046,076
Total Taxable Value 161,712,180 162,532,768 161,712,180

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's office 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 school 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

Measure Value Description
T1 166,601,965 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 161,712,180 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 166,601,965 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 161,712,180 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 166,601,965 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 161,712,180 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 166,601,965 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 161,712,180 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,889,785 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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