taxes Property Tax Assistance

2022 ISD Summary Worksheet

174-Nacogdoches/Nacogdoches County

174-909/Martinsville ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	26,251,390	1.0092	26,012,079	26,251,390
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	813,290	N/A	813,290	813,290
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,043,320	1.0829	5,580,731	6,043,320
D2 - FARM & RANCH IMP	5,435,130	N/A	5,435,130	5,435,130
E - NON-AG LAND AND IMPROVEMENTS	44,927,490	0.9997	44,940,972	44,927,490
F1 - COMMERCIAL REAL	1,376,150	N/A	1,376,150	1,376,150
F2 - INDUSTRIAL REAL	316,500	N/A	316,500	316,500
G - ALL MINERALS	102,335,370	0.9946	102,890,981	102,335,370
J - ALL UTILITIES	20,525,070	0.9774	20,999,662	20,525,070
L1 - COMMERCIAL PERSONAL	818,310	N/A	818,310	818,310
L2 - INDUSTRIAL PERSONAL	508,260	N/A	508,260	508,260
M1 - MOBILE HOMES	2,913,780	N/A	2,913,780	2,913,780
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	212,264,060	0	212,605,845	212,264,060
Less Total Deductions	31,870,071	0	31,624,761	31,870,071
Total Taxable Value	180,393,989	0	180,981,084	180,393,989

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	T13
184,795,309	180,393,989	179,959,889	175,558,569	188,905,309

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
4,401,320	4,835,420	4,110,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
184,795,309	180,393,989	179,959,889	175,558,569	188,905,309

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

174-909-02/Martinsville ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	26,251,390	1.0092	26,012,079	26,251,390
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	813,290	N/A	813,290	813,290
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,043,320	1.0829	5,580,731	6,043,320
D2 - FARM & RANCH IMP	5,435,130	N/A	5,435,130	5,435,130
E - NON-AG LAND AND IMPROVEMENTS	44,927,490	0.9997	44,940,972	44,927,490
F1 - COMMERCIAL REAL	1,376,150	N/A	1,376,150	1,376,150
F2 - INDUSTRIAL REAL	316,500	N/A	316,500	316,500
G - ALL MINERALS	102,335,370	0.9946	102,890,981	102,335,370
J - ALL UTILITIES	20,525,070	0.9774	20,999,662	20,525,070
L1 - COMMERCIAL PERSONAL	818,310	N/A	818,310	818,310
L2 - INDUSTRIAL PERSONAL	508,260	N/A	508,260	508,260
M1 - MOBILE HOMES	2,913,780	N/A	2,913,780	2,913,780
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	212,264,060		212,605,845	212,264,060
Less Total Deductions	31,870,071		31,624,761	31,870,071
Total Taxable Value	180,393,989		180,981,084	180,393,989

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	T13
184,795,309	180,393,989	179,959,889	175,558,569	188,905,309

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
4,401,320	4,835,420	4,110,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
184,795,309	180,393,989	179,959,889	175,558,569	188,905,309

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement