taxes Property Tax Assistance

2021 ISD Summary Worksheet

174-Nacogdoches /Nacogdoches County

174-909/Martinsville ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	21,969,780	N/A	21,969,780	21,969,780
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	665,980	N/A	665,980	665,980
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,206,111	N/A	6,206,111	6,206,111
D2 - FARM & RANCH IMP	4,386,320	N/A	4,386,320	4,386,320
E - NON-AG LAND AND IMPROVEMENTS	37,025,900	N/A	37,025,900	37,025,900
F1 - COMMERCIAL REAL	1,260,770	N/A	1,260,770	1,260,770
F2 - INDUSTRIAL REAL	260,380	N/A	260,380	260,380
G - ALL MINERALS	14,162,600	N/A	14,162,600	14,162,600
J - ALL UTILITIES	18,741,900	N/A	18,741,900	18,741,900
L1 - COMMERCIAL PERSONAL	957,050	N/A	957,050	957,050
L2 - INDUSTRIAL PERSONAL	5,103,410	N/A	5,103,410	5,103,410
M1 - MOBILE HOMES	3,031,210	N/A	3,031,210	3,031,210
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	113,771,411	0	113,771,411	113,771,411
Less Total Deductions	22,924,491	0	22,924,491	22,924,491
Total Taxable Value	90,846,920	0	90,846,920	90,846,920

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
94,220,400	90,846,920	89,874,880	86,501,400

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,373,480	4,345,520

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
94,220,400	90,846,920	89,874,880	86,501,400

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

174-909-02/Martinsville ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	21,969,780	N/A	21,969,780	21,969,780
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	665,980	N/A	665,980	665,980
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,206,111	N/A	6,206,111	6,206,111
D2 - FARM & RANCH IMP	4,386,320	N/A	4,386,320	4,386,320
E - NON-AG LAND AND IMPROVEMENTS	37,025,900	N/A	37,025,900	37,025,900
F1 - COMMERCIAL REAL	1,260,770	N/A	1,260,770	1,260,770
F2 - INDUSTRIAL REAL	260,380	N/A	260,380	260,380
G - ALL MINERALS	14,162,600	N/A	14,162,600	14,162,600
J - ALL UTILITIES	18,741,900	N/A	18,741,900	18,741,900
L1 - COMMERCIAL PERSONAL	957,050	N/A	957,050	957,050
L2 - INDUSTRIAL PERSONAL	5,103,410	N/A	5,103,410	5,103,410
M1 - MOBILE HOMES	3,031,210	N/A	3,031,210	3,031,210
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	113,771,411		113,771,411	113,771,411
Less Total Deductions	22,924,491		22,924,491	22,924,491
Total Taxable Value	90,846,920		90,846,920	90,846,920

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
94,220,400	90,846,920	89,874,880	86,501,400

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,373,480	4,345,520

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
94,220,400	90,846,920	89,874,880	86,501,400

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