taxes Property Tax Assistance

2019 ISD Summary Worksheet

234-Van Zandt

234-909/Fruitvale ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 28,878,880 0.9288 31,092,679 28,878,880
C1. VACANT LOTS 570,110 N/A 570,110 570,110
D1. QUALIFIED AG LAND 2,074,730 1.0105 2,053,271 2,074,730
D2. REAL PROP:FARM & RANCH 876,470 N/A 876,470 876,470
E. REAL PROP NONQUAL ACREAGE 36,872,368 0.9838 37,479,536 36,872,368
F1. COMMERCIAL REAL 977,650 N/A 977,650 977,650
G. OIL,GAS,MINERALS 8,764 N/A 8,764 8,764
J. UTILITIES 5,947,033 0.9685 6,140,457 5,947,033
L1. COMMERCIAL PERSONAL 472,250 N/A 472,250 472,250
L2. INDUSTRIAL PERSONAL 149,311 N/A 149,311 149,311
M. MOBILE HOMES 1,198,190 N/A 1,198,190 1,198,190
Subtotal 78,025,756 0 81,018,688 78,025,756
Less Total Deductions 22,292,787 0 23,923,490 22,292,787
Total Taxable Value 55,732,969 0 57,095,198 55,732,969

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
59,310,832 55,732,969 54,974,898 51,397,035


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,577,863 4,335,934


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
59,310,832 55,732,969 54,974,898 51,397,035

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

234-909-02/Fruitvale ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 28,878,880 0.9288 31,092,679 28,878,880
C1. VACANT LOTS 570,110 N/A 570,110 570,110
D1. QUALIFIED AG LAND 2,074,730 1.0105 2,053,271 2,074,730
D2. REAL PROP:FARM & RANCH 876,470 N/A 876,470 876,470
E. REAL PROP NONQUAL ACREAGE 36,872,368 0.9838 37,479,536 36,872,368
F1. COMMERCIAL REAL 977,650 N/A 977,650 977,650
G. OIL,GAS,MINERALS 8,764 N/A 8,764 8,764
J. UTILITIES 5,947,033 0.9685 6,140,457 5,947,033
L1. COMMERCIAL PERSONAL 472,250 N/A 472,250 472,250
L2. INDUSTRIAL PERSONAL 149,311 N/A 149,311 149,311
M. MOBILE HOMES 1,198,190 N/A 1,198,190 1,198,190
Subtotal 78,025,756 81,018,688 78,025,756
Less Total Deductions 22,292,787 23,923,490 22,292,787
Total Taxable Value 55,732,969 57,095,198 55,732,969

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
59,310,832 55,732,969 54,974,898 51,397,035


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,577,863 4,335,934


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
59,310,832 55,732,969 54,974,898 51,397,035

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