taxes Property Tax Assistance

2019 ISD Summary Worksheet

234-Van Zandt

234-903/Edgewood ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	132,639,312	0.9901	133,965,571	132,639,312
B. MULTIFAMILY RESIDENCES	1,825,980	N/A	1,825,980	1,825,980
C1. VACANT LOTS	2,684,580	N/A	2,684,580	2,684,580
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,882,530	1.0047	4,859,599	4,882,530
D2. REAL PROP:FARM & RANCH	2,722,630	N/A	2,722,630	2,722,630
E. REAL PROP NONQUAL ACREAGE	138,806,904	0.9035	153,632,434	138,806,904
F1. COMMERCIAL REAL	11,477,389	N/A	11,477,389	11,477,389
F2. INDUSTRIAL REAL	485,535	N/A	485,535	485,535
G. OIL,GAS,MINERALS	13,985,402	N/A	13,985,402	13,985,402
J. UTILITIES	11,564,420	N/A	11,564,420	11,564,420
L1. COMMERCIAL PERSONAL	6,676,930	N/A	6,676,930	6,676,930
L2. INDUSTRIAL PERSONAL	1,624,951	N/A	1,624,951	1,624,951
M. MOBILE HOMES	3,166,910	N/A	3,166,910	3,166,910
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	1,493,010	N/A	1,493,010	1,493,010
S. SPECIAL INVENTORY	15,893	N/A	15,893	15,893
Subtotal	334,052,376	0	350,181,234	334,052,376
Less Total Deductions	66,593,344	0	67,508,967	66,593,344
Total Taxable Value	267,459,032	0	282,672,267	267,459,032

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
279,313,219	267,459,032	279,313,219	267,459,032

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
11,854,187	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
279,313,219	267,459,032	279,313,219	267,459,032

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

234-903-02/Edgewood ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	132,639,312	0.9901	133,965,571	132,639,312
B. MULTIFAMILY RESIDENCES	1,825,980	N/A	1,825,980	1,825,980
C1. VACANT LOTS	2,684,580	N/A	2,684,580	2,684,580
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,882,530	1.0047	4,859,599	4,882,530
D2. REAL PROP:FARM & RANCH	2,722,630	N/A	2,722,630	2,722,630
E. REAL PROP NONQUAL ACREAGE	138,806,904	0.9035	153,632,434	138,806,904
F1. COMMERCIAL REAL	11,477,389	N/A	11,477,389	11,477,389
F2. INDUSTRIAL REAL	485,535	N/A	485,535	485,535
G. OIL,GAS,MINERALS	13,985,402	N/A	13,985,402	13,985,402
J. UTILITIES	11,564,420	N/A	11,564,420	11,564,420
L1. COMMERCIAL PERSONAL	6,676,930	N/A	6,676,930	6,676,930
L2. INDUSTRIAL PERSONAL	1,624,951	N/A	1,624,951	1,624,951
M. MOBILE HOMES	3,166,910	N/A	3,166,910	3,166,910
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	1,493,010	N/A	1,493,010	1,493,010
S. SPECIAL INVENTORY	15,893	N/A	15,893	15,893
Subtotal	334,052,376		350,181,234	334,052,376
Less Total Deductions	66,593,344		67,508,967	66,593,344
Total Taxable Value	267,459,032		282,672,267	267,459,032

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
279,313,219	267,459,032	279,313,219	267,459,032

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
11,854,187	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
279,313,219	267,459,032	279,313,219	267,459,032

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