taxes Property Tax Assistance

2016 ISD Summary Worksheet

073/Falls

073-903/Marlin ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 100,890,413 .8819 114,401,194 100,890,413
B. Multi-Family Residences 3,647,870 N/A 3,647,870 3,647,870
C1. Vacant Lots 229,770 N/A 229,770 229,770
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,273,880 1.1464 19,429,602 22,273,880
D2. Real Prop Farm & Ranch 4,476,487 N/A 4,476,487 4,476,487
E. Real Prop NonQual Acres 34,029,773 .6635 51,288,279 34,029,773
F1. Commercial Real 21,724,260 .8036 27,033,673 21,724,260
F2. Industrial Real 5,601,760 N/A 5,601,760 5,601,760
G. Oil, Gas, Minerals 500 N/A 500 500
J. Utilities 56,054,967 .9465 59,223,420 56,054,967
L1. Commercial Personal 25,187,070 .9955 25,300,924 25,187,070
L2. Industrial Personal 18,651,320 N/A 18,651,320 18,651,320
M. Other Personal 2,759,800 N/A 2,759,800 2,759,800
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 295,527,870 332,044,599 295,527,870
Less Total Deductions 53,220,096   58,976,055 53,220,096
Total Taxable Value 242,307,774 273,068,544 242,307,774 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
253,905,299 242,307,774 253,905,299 242,307,774


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,597,525 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
253,905,299 242,307,774 253,905,299 242,307,774

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 invalid, but local value was certified because your school district is in year one of the grace period.