taxes Property Tax Assistance

2017 ISD Summary Worksheet

073/Falls

073-903/Marlin ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 99,979,173 .7601 131,534,236 99,979,173
B. Multi-Family Residences 3,035,510 N/A 3,035,510 3,035,510
C1. Vacant Lots 475,220 N/A 475,220 475,220
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,429,340 1.0487 21,388,531 22,429,340
D2. Real Prop Farm & Ranch 4,612,627 N/A 4,612,627 4,612,627
E. Real Prop NonQual Acres 33,919,953 .7563 44,849,865 33,919,953
F1. Commercial Real 22,459,050 .9065 24,775,565 22,459,050
F2. Industrial Real 5,232,850 N/A 5,232,850 5,232,850
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 57,155,220 1.0546 54,196,112 57,155,220
L1. Commercial Personal 20,991,470 1.0057 20,872,497 20,991,470
L2. Industrial Personal 15,968,060 N/A 15,968,060 15,968,060
M. Other Personal 3,183,470 N/A 3,183,470 3,183,470
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 289,441,943 330,124,543 289,441,943
Less Total Deductions 51,421,264   64,385,554 51,421,264
Total Taxable Value 238,020,679 265,738,989 238,020,679 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
249,635,015 238,020,679 249,635,015 238,020,679


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,614,336 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
249,635,015 238,020,679 249,635,015 238,020,679

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 invalid, but local value was certified because your school district is in year two of the grace period.