taxes Property Tax Assistance

2016 ISD Summary Worksheet

189/Presidio

189-901/Marfa ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 118,460,041 .8293 142,843,411 142,843,411
B. Multi-Family Residences 1,783,070 N/A 1,783,070 1,783,070
C1. Vacant Lots 6,784,740 N/A 6,784,740 6,784,740
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,589,202 .8576 13,514,261 13,514,261
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 36,282,988 .8906 40,739,937 40,739,937
F1. Commercial Real 34,877,950 .9421 37,021,495 37,021,495
F2. Industrial Real 12,686,710 N/A 12,686,710 12,686,710
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 64,607,680 N/A 64,607,680 64,607,680
L1. Commercial Personal 7,400,210 .9965 7,426,202 7,426,202
L2. Industrial Personal 1,450,990 N/A 1,450,990 1,450,990
M. Other Personal 2,227,520 N/A 2,227,520 2,227,520
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 298,151,101 331,086,016 331,086,016
Less Total Deductions 42,969,791   51,513,409 51,513,409
Total Taxable Value 255,181,310 279,572,607 279,572,607 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
285,013,780 279,572,607 285,013,780 279,572,607


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,441,173 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
285,013,780 279,572,607 285,013,780 279,572,607

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:

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)