taxes Property Tax Assistance

2017 ISD Summary Worksheet

234/Van Zandt

234-905/Martins Mill ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 26,274,030 1.0188 25,789,193 26,274,030
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,121,780 N/A 1,121,780 1,121,780
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,060,490 .9621 4,220,308 4,060,490
D2. Real Prop Farm & Ranch 1,910,820 N/A 1,910,820 1,910,820
E. Real Prop NonQual Acres 80,280,653 .9596 83,660,539 80,280,653
F1. Commercial Real 3,343,250 N/A 3,343,250 3,343,250
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 321,004 N/A 321,004 321,004
J. Utilities 6,715,333 N/A 6,715,333 6,715,333
L1. Commercial Personal 1,105,790 N/A 1,105,790 1,105,790
L2. Industrial Personal 376,468 N/A 376,468 376,468
M. Other Personal 1,505,290 N/A 1,505,290 1,505,290
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 127,014,908 130,069,775 127,014,908
Less Total Deductions 22,883,015   22,329,715 22,883,015
Total Taxable Value 104,131,893 107,740,060 104,131,893 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
108,548,410 104,131,893 108,548,410 104,131,893


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,416,517 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
108,548,410 104,131,893 108,548,410 104,131,893

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