taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

073/Falls

073-903/Marlin ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 101,403,993 N/A 101,403,993 101,403,993
B. Multi-Family Residences 2,769,440 N/A 2,769,440 2,769,440
C1. Vacant Lots 206,970 N/A 206,970 206,970
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,337,833 N/A 22,337,833 22,337,833
D2. Real Prop Farm & Ranch 5,126,597 N/A 5,126,597 5,126,597
E. Real Prop NonQual Acres 32,251,752 N/A 32,251,752 32,251,752
F1. Commercial Real 21,782,300 N/A 21,782,300 21,782,300
F2. Industrial Real 3,232,790 N/A 3,232,790 3,232,790
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 41,083,470 N/A 41,083,470 41,083,470
L1. Commercial Personal 20,282,026 N/A 20,282,026 20,282,026
L2. Industrial Personal 24,780,050 N/A 24,780,050 24,780,050
M. Other Personal 2,592,660 N/A 2,592,660 2,592,660
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,615,040 N/A 1,615,040 1,615,040
Subtotal 279,464,921 279,464,921 279,464,921
Less Total Deductions 52,092,073   52,092,073 52,092,073
Total Taxable Value 227,372,848 227,372,848 227,372,848 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
238,987,405 227,372,848 238,987,405 227,372,848


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,614,557 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
238,987,405 227,372,848 238,987,405 227,372,848

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