taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

073/Falls

073-903/Marlin ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 96,483,550 .9257 104,227,666 96,483,550
B. Multi-Family Residences 3,029,430 N/A 3,029,430 3,029,430
C1. Vacant Lots 4,677,690 N/A 4,677,690 4,677,690
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,462,220 1.0962 20,491,517 22,462,220
D2. Real Prop Farm & Ranch 229,880 N/A 229,880 229,880
E. Real Prop NonQual Acres 34,848,240 1.0872 32,053,201 34,848,240
F1. Commercial Real 22,684,620 .8702 26,068,283 22,684,620
F2. Industrial Real 3,191,490 N/A 3,191,490 3,191,490
G. Oil, Gas, Minerals 500 N/A 500 500
J. Utilities 50,469,594 1.0134 49,802,244 50,469,594
L1. Commercial Personal 15,560,700 1.0768 14,450,873 15,560,700
L2. Industrial Personal 19,103,790 N/A 19,103,790 19,103,790
M. Other Personal 2,779,630 N/A 2,779,630 2,779,630
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 275,521,334 280,106,194 275,521,334
Less Total Deductions 43,581,216   46,955,770 43,581,216
Total Taxable Value 231,940,118 233,150,424 231,940,118 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
247,872,059 231,940,118 247,872,059 231,940,118 231,940,118 231,940,118


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,931,941 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
247,872,059 231,940,118 247,872,059 231,940,118 231,940,118 231,940,118

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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