taxes Property Tax Assistance

2016 ISD Summary Worksheet

174/Nacogdoches

174-909/Martinsville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 16,565,090 .9954 16,641,642 16,565,090
B. Multi-Family Residences 77,250 N/A 77,250 77,250
C1. Vacant Lots 426,150 N/A 426,150 426,150
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,572,130 1.0771 5,173,082 5,572,130
D2. Real Prop Farm & Ranch 4,203,400 N/A 4,203,400 4,203,400
E. Real Prop NonQual Acres 25,846,850 .9918 26,060,546 25,846,850
F1. Commercial Real 752,830 N/A 752,830 752,830
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 7,536,500 1.0106 7,457,451 7,536,500
J. Utilities 22,044,260 1.0121 21,780,713 22,044,260
L1. Commercial Personal 1,199,370 N/A 1,199,370 1,199,370
L2. Industrial Personal 622,400 N/A 622,400 622,400
M. Other Personal 1,759,580 N/A 1,759,580 1,759,580
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 86,605,810 86,154,414 86,605,810
Less Total Deductions 18,170,536   18,235,349 18,170,536
Total Taxable Value 68,435,274 67,919,065 68,435,274 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
71,583,254 68,435,274 68,222,049 65,074,069


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,147,980 3,361,205


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
71,583,254 68,435,274 68,222,049 65,074,069

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