taxes Property Tax Assistance

2018 ISD Summary Worksheet

073/Falls

073-903/Marlin ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 110,876,963 .7386 150,117,740 150,117,740
B. Multi-Family Residences 3,145,780 N/A 3,145,780 3,145,780
C1. Vacant Lots 966,127 N/A 966,127 966,127
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,496,178 1.0083 22,311,900 22,311,900
D2. Real Prop Farm & Ranch 4,972,647 N/A 4,972,647 4,972,647
E. Real Prop NonQual Acres 40,088,253 .9920 40,411,545 40,411,545
F1. Commercial Real 22,341,930 .8077 27,661,174 27,661,174
F2. Industrial Real 5,308,420 N/A 5,308,420 5,308,420
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 71,868,910 .9232 77,847,606 77,847,606
L1. Commercial Personal 8,238,660 .8690 9,480,621 9,480,621
L2. Industrial Personal 20,767,230 N/A 20,767,230 20,767,230
M. Other Personal 3,240,140 N/A 3,240,140 3,240,140
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,856,800 N/A 1,856,800 1,856,800
Subtotal 316,168,038 368,087,730 368,087,730
Less Total Deductions 65,835,226   82,991,017 82,991,017
Total Taxable Value 250,332,812 285,096,713 285,096,713 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
296,806,904 285,096,713 296,806,904 285,096,713


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,710,191 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
296,806,904 285,096,713 296,806,904 285,096,713

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)