taxes Property Tax Assistance

2023 ISD Summary Worksheet

234-Van Zandt/Van Zandt County

234-904/Grand Saline ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 258,579,471 1.0686 241,979,666 258,579,471
B - MULTIFAMILY 4,203,907 N/A 4,203,907 4,203,907
C1 - VACANT LOTS 7,489,560 N/A 7,489,560 7,489,560
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,512,127 1.1858 8,021,826 9,512,127
D2 - FARM & RANCH IMP 5,895,130 N/A 5,895,130 5,895,130
E - NON-AG LAND AND IMPROVEMENTS 319,269,637 1.0453 305,433,499 319,269,637
F1 - COMMERCIAL REAL 39,981,790 0.8976 44,542,992 39,981,790
F2 - INDUSTRIAL REAL 5,983,300 N/A 5,983,300 5,983,300
G - ALL MINERALS 2,891,180 N/A 2,891,180 2,891,180
J - ALL UTILITIES 28,980,870 N/A 28,980,870 28,980,870
L1 - COMMERCIAL PERSONAL 8,897,360 N/A 8,897,360 8,897,360
L2 - INDUSTRIAL PERSONAL 49,155,560 N/A 49,155,560 49,155,560
M1 - MOBILE HOMES 7,118,207 N/A 7,118,207 7,118,207
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 44,280 N/A 44,280 44,280
S - SPECIAL INVENTORY 203,599 N/A 203,599 203,599
Subtotal 748,205,978 0 720,840,936 748,205,978
Less Total Deductions 286,914,542 0 272,918,572 286,914,542
Total Taxable Value 461,291,436 0 447,922,364 461,291,436

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 541,556,015 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 461,291,436 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 516,191,489 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 435,926,910 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 567,956,015 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 585,556,015 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 473,195,106 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 541,556,015 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 461,291,436 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 516,191,489 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 435,926,910 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 567,956,015 T13 plus the loss to the chapter 313 agreement
T16 585,556,015 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 473,195,106 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 80,264,579 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 25,364,526 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 26,400,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 17,600,000 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

234-904-02/Grand Saline ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 258,579,471 1.0686 241,979,666 258,579,471
B - MULTIFAMILY 4,203,907 N/A 4,203,907 4,203,907
C1 - VACANT LOTS 7,489,560 N/A 7,489,560 7,489,560
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,512,127 1.1858 8,021,826 9,512,127
D2 - FARM & RANCH IMP 5,895,130 N/A 5,895,130 5,895,130
E - NON-AG LAND AND IMPROVEMENTS 319,269,637 1.0453 305,433,499 319,269,637
F1 - COMMERCIAL REAL 39,981,790 0.8976 44,542,992 39,981,790
F2 - INDUSTRIAL REAL 5,983,300 N/A 5,983,300 5,983,300
G - ALL MINERALS 2,891,180 N/A 2,891,180 2,891,180
J - ALL UTILITIES 28,980,870 N/A 28,980,870 28,980,870
L1 - COMMERCIAL PERSONAL 8,897,360 N/A 8,897,360 8,897,360
L2 - INDUSTRIAL PERSONAL 49,155,560 N/A 49,155,560 49,155,560
M1 - MOBILE HOMES 7,118,207 N/A 7,118,207 7,118,207
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 44,280 N/A 44,280 44,280
S - SPECIAL INVENTORY 203,599 N/A 203,599 203,599
Subtotal 748,205,978 720,840,936 748,205,978
Less Total Deductions 286,914,542 272,918,572 286,914,542
Total Taxable Value 461,291,436 447,922,364 461,291,436

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 541,556,015 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 461,291,436 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 516,191,489 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 435,926,910 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 567,956,015 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 585,556,015 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 473,195,106 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 541,556,015 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 461,291,436 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 516,191,489 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 435,926,910 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 567,956,015 T13 plus the loss to the chapter 313 agreement
T16 585,556,015 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 473,195,106 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 80,264,579 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 25,364,526 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 26,400,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 17,600,000 Loss to Second Previous Homestead Increase