taxes Property Tax Assistance

2021 ISD Summary Worksheet

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	44,135,341	1.0228	43,151,487	44,135,341
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,208,890	N/A	1,208,890	1,208,890
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,030,781	1.1285	5,343,946	6,030,781
D2 - FARM & RANCH IMP	2,993,010	N/A	2,993,010	2,993,010
E - NON-AG LAND AND IMPROVEMENTS	124,831,647	0.9900	126,092,573	124,831,647
F1 - COMMERCIAL REAL	5,001,690	N/A	5,001,690	5,001,690
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	236,990	N/A	236,990	236,990
J - ALL UTILITIES	12,044,940	N/A	12,044,940	12,044,940
L1 - COMMERCIAL PERSONAL	1,204,070	N/A	1,204,070	1,204,070
L2 - INDUSTRIAL PERSONAL	54,570	N/A	54,570	54,570
M1 - MOBILE HOMES	3,427,360	N/A	3,427,360	3,427,360
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	201,169,289	0	200,759,526	201,169,289
Less Total Deductions	38,204,247	0	37,014,975	38,204,247
Total Taxable Value	162,965,042	0	163,744,551	162,965,042

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
167,842,629	162,965,042	167,842,629	162,965,042

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,877,587	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
167,842,629	162,965,042	167,842,629	162,965,042

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	44,135,341	1.0228	43,151,487	44,135,341
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,208,890	N/A	1,208,890	1,208,890
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,030,781	1.1285	5,343,946	6,030,781
D2 - FARM & RANCH IMP	2,993,010	N/A	2,993,010	2,993,010
E - NON-AG LAND AND IMPROVEMENTS	124,831,647	0.9900	126,092,573	124,831,647
F1 - COMMERCIAL REAL	5,001,690	N/A	5,001,690	5,001,690
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	236,990	N/A	236,990	236,990
J - ALL UTILITIES	12,044,940	N/A	12,044,940	12,044,940
L1 - COMMERCIAL PERSONAL	1,204,070	N/A	1,204,070	1,204,070
L2 - INDUSTRIAL PERSONAL	54,570	N/A	54,570	54,570
M1 - MOBILE HOMES	3,427,360	N/A	3,427,360	3,427,360
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	201,169,289		200,759,526	201,169,289
Less Total Deductions	38,204,247		37,014,975	38,204,247
Total Taxable Value	162,965,042		163,744,551	162,965,042

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
167,842,629	162,965,042	167,842,629	162,965,042

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,877,587	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
167,842,629	162,965,042	167,842,629	162,965,042

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