taxes Property Tax Assistance

2017 ISD Summary Worksheet

174/Nacogdoches

174-909/Martinsville ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 17,843,280 N/A 17,843,280 17,843,280
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 466,740 N/A 466,740 466,740
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,639,810 N/A 5,639,810 5,639,810
D2. Real Prop Farm & Ranch 5,014,870 N/A 5,014,870 5,014,870
E. Real Prop NonQual Acres 26,031,190 N/A 26,031,190 26,031,190
F1. Commercial Real 1,159,990 N/A 1,159,990 1,159,990
F2. Industrial Real 22,280 N/A 22,280 22,280
G. Oil, Gas, Minerals 12,171,100 N/A 12,171,100 12,171,100
J. Utilities 23,033,400 N/A 23,033,400 23,033,400
L1. Commercial Personal 1,024,200 N/A 1,024,200 1,024,200
L2. Industrial Personal 524,100 N/A 524,100 524,100
M. Other Personal 1,870,130 N/A 1,870,130 1,870,130
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 94,801,090 94,801,090 94,801,090
Less Total Deductions 18,202,273   18,202,273 18,202,273
Total Taxable Value 76,598,817 76,598,817 76,598,817 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
79,657,597 76,598,817 76,303,382 73,244,602


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,058,780 3,354,215


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
79,657,597 76,598,817 76,303,382 73,244,602

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