taxes Property Tax Assistance

2018 ISD Summary Worksheet

174/Nacogdoches

174-909/Martinsville ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 17,502,130 .9400 18,619,287 17,502,130
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 368,960 N/A 368,960 368,960
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,722,740 1.0523 5,438,268 5,722,740
D2. Real Prop Farm & Ranch 5,077,830 1.1750 4,321,557 5,077,830
E. Real Prop NonQual Acres 27,510,630 .9991 27,535,412 27,510,630
F1. Commercial Real 1,191,660 N/A 1,191,660 1,191,660
F2. Industrial Real 22,280 N/A 22,280 22,280
G. Oil, Gas, Minerals 12,706,070 1.0016 12,685,773 12,706,070
J. Utilities 19,202,340 .9421 20,382,486 19,202,340
L1. Commercial Personal 797,800 N/A 797,800 797,800
L2. Industrial Personal 402,120 N/A 402,120 402,120
M. Other Personal 2,212,400 N/A 2,212,400 2,212,400
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 92,716,960 93,978,003 92,716,960
Less Total Deductions 18,521,874   19,537,476 18,521,874
Total Taxable Value 74,195,086 74,440,527 74,195,086 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
77,267,506 74,195,086 73,796,906 70,724,486


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,072,420 3,470,600


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
77,267,506 74,195,086 73,796,906 70,724,486

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