taxes Property Tax Assistance

2022 ISD Summary Worksheet

102-Harrison /Harrison County

102-902/Marshall ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	923,272,240	0.8804	1,048,696,320	923,272,240
B - MULTIFAMILY	58,590,410	N/A	58,590,410	58,590,410
C1 - VACANT LOTS	24,362,050	N/A	24,362,050	24,362,050
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	17,720,110	1.1437	15,494,264	17,720,110
D2 - FARM & RANCH IMP	3,325,120	N/A	3,325,120	3,325,120
E - NON-AG LAND AND IMPROVEMENTS	605,379,870	0.8623	702,052,499	605,379,870
F1 - COMMERCIAL REAL	314,561,427	1.0028	313,683,114	314,561,427
F2 - INDUSTRIAL REAL	410,411,270	N/A	410,411,270	410,411,270
G - ALL MINERALS	257,152,570	0.9051	284,115,092	257,152,570
J - ALL UTILITIES	280,085,670	0.8625	324,737,009	280,085,670
L1 - COMMERCIAL PERSONAL	152,698,160	0.9918	153,960,637	152,698,160
L2 - INDUSTRIAL PERSONAL	483,074,360	N/A	483,074,360	483,074,360
M1 - MOBILE HOMES	23,175,540	N/A	23,175,540	23,175,540
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,101,830	N/A	1,101,830	1,101,830
S - SPECIAL INVENTORY	14,568,150	N/A	14,568,150	14,568,150
Subtotal	3,569,478,777	0	3,861,347,665	3,569,478,777
Less Total Deductions	588,511,721	0	651,201,799	588,511,721
Total Taxable Value	2,980,967,056	0	3,210,145,866	2,980,967,056

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
3,055,878,100	2,980,967,056	2,961,142,892	2,886,231,848	3,128,528,100

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
74,911,044	94,735,208	72,650,000

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
3,055,878,100	2,980,967,056	2,961,142,892	2,886,231,848	3,128,528,100

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

102-902-02/Marshall ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	923,272,240	0.8804	1,048,696,320	923,272,240
B - MULTIFAMILY	58,590,410	N/A	58,590,410	58,590,410
C1 - VACANT LOTS	24,362,050	N/A	24,362,050	24,362,050
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	17,720,110	1.1437	15,494,264	17,720,110
D2 - FARM & RANCH IMP	3,325,120	N/A	3,325,120	3,325,120
E - NON-AG LAND AND IMPROVEMENTS	605,379,870	0.8623	702,052,499	605,379,870
F1 - COMMERCIAL REAL	314,561,427	1.0028	313,683,114	314,561,427
F2 - INDUSTRIAL REAL	410,411,270	N/A	410,411,270	410,411,270
G - ALL MINERALS	257,152,570	0.9051	284,115,092	257,152,570
J - ALL UTILITIES	280,085,670	0.8625	324,737,009	280,085,670
L1 - COMMERCIAL PERSONAL	152,698,160	0.9918	153,960,637	152,698,160
L2 - INDUSTRIAL PERSONAL	483,074,360	N/A	483,074,360	483,074,360
M1 - MOBILE HOMES	23,175,540	N/A	23,175,540	23,175,540
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,101,830	N/A	1,101,830	1,101,830
S - SPECIAL INVENTORY	14,568,150	N/A	14,568,150	14,568,150
Subtotal	3,569,478,777		3,861,347,665	3,569,478,777
Less Total Deductions	588,511,721		651,201,799	588,511,721
Total Taxable Value	2,980,967,056		3,210,145,866	2,980,967,056

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
3,055,878,100	2,980,967,056	2,961,142,892	2,886,231,848	3,128,528,100

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
74,911,044	94,735,208	72,650,000

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
3,055,878,100	2,980,967,056	2,961,142,892	2,886,231,848	3,128,528,100

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