taxes Property Tax Assistance

2019 ISD Summary Worksheet

234-Van Zandt

234-902/Canton ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	386,563,649	0.9564	404,186,166	386,563,649
B. MULTIFAMILY RESIDENCES	10,474,080	N/A	10,474,080	10,474,080
C1. VACANT LOTS	6,630,530	N/A	6,630,530	6,630,530
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,575,450	1.0016	10,558,668	10,575,450
D2. REAL PROP:FARM & RANCH	8,408,960	N/A	8,408,960	8,408,960
E. REAL PROP NONQUAL ACREAGE	313,611,528	0.9811	319,652,969	313,611,528
F1. COMMERCIAL REAL	159,767,456	0.9241	172,889,791	159,767,456
F2. INDUSTRIAL REAL	853,377	N/A	853,377	853,377
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	26,929,536	N/A	26,929,536	26,929,536
L1. COMMERCIAL PERSONAL	42,489,489	N/A	42,489,489	42,489,489
L2. INDUSTRIAL PERSONAL	13,776,099	N/A	13,776,099	13,776,099
M. MOBILE HOMES	6,068,060	N/A	6,068,060	6,068,060
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	346,840	N/A	346,840	346,840
S. SPECIAL INVENTORY	3,425,046	N/A	3,425,046	3,425,046
Subtotal	989,920,100	0	1,026,689,611	989,920,100
Less Total Deductions	184,478,436	0	195,913,677	184,478,436
Total Taxable Value	805,441,664	0	830,775,934	805,441,664

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
833,745,616	805,441,664	833,745,616	805,441,664

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
28,303,952	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
833,745,616	805,441,664	833,745,616	805,441,664

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	386,563,649	0.9564	404,186,166	386,563,649
B. MULTIFAMILY RESIDENCES	10,474,080	N/A	10,474,080	10,474,080
C1. VACANT LOTS	6,630,530	N/A	6,630,530	6,630,530
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,575,450	1.0016	10,558,668	10,575,450
D2. REAL PROP:FARM & RANCH	8,408,960	N/A	8,408,960	8,408,960
E. REAL PROP NONQUAL ACREAGE	313,611,528	0.9811	319,652,969	313,611,528
F1. COMMERCIAL REAL	159,767,456	0.9241	172,889,791	159,767,456
F2. INDUSTRIAL REAL	853,377	N/A	853,377	853,377
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	26,929,536	N/A	26,929,536	26,929,536
L1. COMMERCIAL PERSONAL	42,489,489	N/A	42,489,489	42,489,489
L2. INDUSTRIAL PERSONAL	13,776,099	N/A	13,776,099	13,776,099
M. MOBILE HOMES	6,068,060	N/A	6,068,060	6,068,060
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	346,840	N/A	346,840	346,840
S. SPECIAL INVENTORY	3,425,046	N/A	3,425,046	3,425,046
Subtotal	989,920,100		1,026,689,611	989,920,100
Less Total Deductions	184,478,436		195,913,677	184,478,436
Total Taxable Value	805,441,664		830,775,934	805,441,664

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
833,745,616	805,441,664	833,745,616	805,441,664

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
28,303,952	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
833,745,616	805,441,664	833,745,616	805,441,664

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