taxes Property Tax Assistance

2018 ISD Summary Worksheet

234-Van Zandt

234-902/Canton ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 342,989,680 N/A 342,989,680 342,989,680
B. MULTIFAMILY RESIDENCES 9,673,580 N/A 9,673,580 9,673,580
C1. VACANT LOTS 6,585,320 N/A 6,585,320 6,585,320
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 9,544,300 N/A 9,544,300 9,544,300
D2. REAL PROP:FARM & RANCH 8,290,440 N/A 8,290,440 8,290,440
E. REAL PROP NONQUAL ACREAGE 265,461,038 N/A 265,461,038 265,461,038
F1. COMMERCIAL REAL 152,986,052 N/A 152,986,052 152,986,052
F2. INDUSTRIAL REAL 828,339 N/A 828,339 828,339
G. OIL,GAS,MINERALS 17,249 N/A 17,249 17,249
J. UTILITIES 26,832,347 N/A 26,832,347 26,832,347
L1. COMMERCIAL PERSONAL 39,459,417 N/A 39,459,417 39,459,417
L2. INDUSTRIAL PERSONAL 13,273,316 N/A 13,273,316 13,273,316
M. MOBILE HOMES 4,766,520 N/A 4,766,520 4,766,520
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 384,220 N/A 384,220 384,220
S. SPECIAL INVENTORY 3,355,737 N/A 3,355,737 3,355,737
Subtotal 884,447,555 0 884,447,555 884,447,555
Less Total Deductions 161,985,124 0 161,985,124 161,985,124
Total Taxable Value 722,462,431 0 722,462,431 722,462,431

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
750,049,639 722,462,431 750,049,639 722,462,431


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
27,587,208 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
750,049,639 722,462,431 750,049,639 722,462,431

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

234-902-02/Canton ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 342,989,680 N/A 342,989,680 342,989,680
B. MULTIFAMILY RESIDENCES 9,673,580 N/A 9,673,580 9,673,580
C1. VACANT LOTS 6,585,320 N/A 6,585,320 6,585,320
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 9,544,300 N/A 9,544,300 9,544,300
D2. REAL PROP:FARM & RANCH 8,290,440 N/A 8,290,440 8,290,440
E. REAL PROP NONQUAL ACREAGE 265,461,038 N/A 265,461,038 265,461,038
F1. COMMERCIAL REAL 152,986,052 N/A 152,986,052 152,986,052
F2. INDUSTRIAL REAL 828,339 N/A 828,339 828,339
G. OIL,GAS,MINERALS 17,249 N/A 17,249 17,249
J. UTILITIES 26,832,347 N/A 26,832,347 26,832,347
L1. COMMERCIAL PERSONAL 39,459,417 N/A 39,459,417 39,459,417
L2. INDUSTRIAL PERSONAL 13,273,316 N/A 13,273,316 13,273,316
M. MOBILE HOMES 4,766,520 N/A 4,766,520 4,766,520
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 384,220 N/A 384,220 384,220
S. SPECIAL INVENTORY 3,355,737 N/A 3,355,737 3,355,737
Subtotal 884,447,555 884,447,555 884,447,555
Less Total Deductions 161,985,124 161,985,124 161,985,124
Total Taxable Value 722,462,431 722,462,431 722,462,431

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
750,049,639 722,462,431 750,049,639 722,462,431


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
27,587,208 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
750,049,639 722,462,431 750,049,639 722,462,431

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