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2023 ISD Summary Worksheet
234-Van Zandt/Van Zandt County
234-902/Canton ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 782,621,252 | 1.0171 | 769,463,427 | 782,621,252 |
| B - MULTIFAMILY | 23,890,592 | N/A | 23,890,592 | 23,890,592 |
| C1 - VACANT LOTS | 23,398,145 | N/A | 23,398,145 | 23,398,145 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 15,040,410 | 1.2245 | 12,283,016 | 15,040,410 |
| D2 - FARM & RANCH IMP | 10,613,400 | N/A | 10,613,400 | 10,613,400 |
| E - NON-AG LAND AND IMPROVEMENTS | 634,984,786 | 1.0705 | 593,166,545 | 634,984,786 |
| F1 - COMMERCIAL REAL | 234,812,943 | 0.7696 | 305,110,373 | 234,812,943 |
| F2 - INDUSTRIAL REAL | 5,249,300 | N/A | 5,249,300 | 5,249,300 |
| G - ALL MINERALS | 41,430 | N/A | 41,430 | 41,430 |
| J - ALL UTILITIES | 54,148,910 | N/A | 54,148,910 | 54,148,910 |
| L1 - COMMERCIAL PERSONAL | 49,992,481 | N/A | 49,992,481 | 49,992,481 |
| L2 - INDUSTRIAL PERSONAL | 10,554,170 | N/A | 10,554,170 | 10,554,170 |
| M1 - MOBILE HOMES | 16,034,950 | N/A | 16,034,950 | 16,034,950 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 384,700 | N/A | 384,700 | 384,700 |
| S - SPECIAL INVENTORY | 5,975,235 | N/A | 5,975,235 | 5,975,235 |
| Subtotal | 1,867,742,704 | 0 | 1,880,306,674 | 1,867,742,704 |
| Less Total Deductions | 670,602,476 | 0 | 661,475,567 | 670,602,476 |
| Total Taxable Value | 1,197,140,228 | 0 | 1,218,831,107 | 1,197,140,228 |
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
| Measure | Value | Description |
|---|---|---|
| T1 | 1,372,198,461 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 1,197,140,228 | School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction |
| T3 | 1,372,198,461 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 1,197,140,228 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 1,426,318,461 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 1,462,398,461 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 1,245,892,909 | School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss |
VALUE TAXABLE FOR I&S PURPOSES
| Measure | Value | Description |
|---|---|---|
| T7 | 1,372,198,461 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 1,197,140,228 | School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction |
| T9 | 1,372,198,461 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 1,197,140,228 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 1,426,318,461 | T13 plus the loss to the chapter 313 agreement |
| T16 | 1,462,398,461 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 1,245,892,909 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 175,058,233 | Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD | 0 | 50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD | 54,120,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 36,080,000 | Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED
234-902-02/Canton ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 782,621,252 | 1.0171 | 769,463,427 | 782,621,252 |
| B - MULTIFAMILY | 23,890,592 | N/A | 23,890,592 | 23,890,592 |
| C1 - VACANT LOTS | 23,398,145 | N/A | 23,398,145 | 23,398,145 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 15,040,410 | 1.2245 | 12,283,016 | 15,040,410 |
| D2 - FARM & RANCH IMP | 10,613,400 | N/A | 10,613,400 | 10,613,400 |
| E - NON-AG LAND AND IMPROVEMENTS | 634,984,786 | 1.0705 | 593,166,545 | 634,984,786 |
| F1 - COMMERCIAL REAL | 234,812,943 | 0.7696 | 305,110,373 | 234,812,943 |
| F2 - INDUSTRIAL REAL | 5,249,300 | N/A | 5,249,300 | 5,249,300 |
| G - ALL MINERALS | 41,430 | N/A | 41,430 | 41,430 |
| J - ALL UTILITIES | 54,148,910 | N/A | 54,148,910 | 54,148,910 |
| L1 - COMMERCIAL PERSONAL | 49,992,481 | N/A | 49,992,481 | 49,992,481 |
| L2 - INDUSTRIAL PERSONAL | 10,554,170 | N/A | 10,554,170 | 10,554,170 |
| M1 - MOBILE HOMES | 16,034,950 | N/A | 16,034,950 | 16,034,950 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 384,700 | N/A | 384,700 | 384,700 |
| S - SPECIAL INVENTORY | 5,975,235 | N/A | 5,975,235 | 5,975,235 |
| Subtotal | 1,867,742,704 | 1,880,306,674 | 1,867,742,704 | |
| Less Total Deductions | 670,602,476 | 661,475,567 | 670,602,476 | |
| Total Taxable Value | 1,197,140,228 | 1,218,831,107 | 1,197,140,228 |
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
| Measure | Value | Description |
|---|---|---|
| T1 | 1,372,198,461 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 1,197,140,228 | School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction |
| T3 | 1,372,198,461 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 1,197,140,228 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 1,426,318,461 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 1,462,398,461 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 1,245,892,909 | School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss |
VALUE TAXABLE FOR I&S PURPOSES
| Measure | Value | Description |
|---|---|---|
| T7 | 1,372,198,461 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 1,197,140,228 | School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction |
| T9 | 1,372,198,461 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 1,197,140,228 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 1,426,318,461 | T13 plus the loss to the chapter 313 agreement |
| T16 | 1,462,398,461 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 1,245,892,909 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 175,058,233 | Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD | 0 | 50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD | 54,120,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 36,080,000 | Loss to Second Previous Homestead Increase |