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