taxes Property Tax Assistance

2021 ISD Summary Worksheet

073-Falls /Falls County

073-903/Marlin ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 128,744,225 0.9006 142,953,836 142,953,836
B - MULTIFAMILY 4,913,650 N/A 4,913,650 4,913,650
C1 - VACANT LOTS 3,629,725 N/A 3,629,725 3,629,725
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 22,687,405 0.9990 22,710,940 22,710,940
D2 - FARM & RANCH IMP 5,709,037 N/A 5,709,037 5,709,037
E - NON-AG LAND AND IMPROVEMENTS 70,334,517 0.8237 85,388,512 85,388,512
F1 - COMMERCIAL REAL 29,099,770 0.8554 34,018,903 34,018,903
F2 - INDUSTRIAL REAL 3,721,970 N/A 3,721,970 3,721,970
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 85,178,850 0.9555 89,145,840 89,145,840
L1 - COMMERCIAL PERSONAL 14,929,420 N/A 14,929,420 14,929,420
L2 - INDUSTRIAL PERSONAL 21,904,150 N/A 21,904,150 21,904,150
M1 - MOBILE HOMES 3,578,660 N/A 3,578,660 3,578,660
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,283,590 N/A 5,283,590 5,283,590
Subtotal 399,714,969 0 437,888,233 437,888,233
Less Total Deductions 72,787,184 0 80,000,827 80,000,827
Total Taxable Value 326,927,785 0 357,887,406 357,887,406

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
370,866,437 357,887,406 370,866,437 357,887,406


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,979,031 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
370,866,437 357,887,406 370,866,437 357,887,406

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)

073-903-02/Marlin ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 128,744,225 0.9006 142,953,836 142,953,836
B - MULTIFAMILY 4,913,650 N/A 4,913,650 4,913,650
C1 - VACANT LOTS 3,629,725 N/A 3,629,725 3,629,725
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 22,687,405 0.9990 22,710,940 22,710,940
D2 - FARM & RANCH IMP 5,709,037 N/A 5,709,037 5,709,037
E - NON-AG LAND AND IMPROVEMENTS 70,334,517 0.8237 85,388,512 85,388,512
F1 - COMMERCIAL REAL 29,099,770 0.8554 34,018,903 34,018,903
F2 - INDUSTRIAL REAL 3,721,970 N/A 3,721,970 3,721,970
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 85,178,850 0.9555 89,145,840 89,145,840
L1 - COMMERCIAL PERSONAL 14,929,420 N/A 14,929,420 14,929,420
L2 - INDUSTRIAL PERSONAL 21,904,150 N/A 21,904,150 21,904,150
M1 - MOBILE HOMES 3,578,660 N/A 3,578,660 3,578,660
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,283,590 N/A 5,283,590 5,283,590
Subtotal 399,714,969 437,888,233 437,888,233
Less Total Deductions 72,787,184 80,000,827 80,000,827
Total Taxable Value 326,927,785 357,887,406 357,887,406

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
370,866,437 357,887,406 370,866,437 357,887,406


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,979,031 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
370,866,437 357,887,406 370,866,437 357,887,406

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