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ceiling reduction
2019 ISD Summary Worksheet
212-Smith
234-906/Van ISD
| Category | Local Tax Roll Value | 2019 WTD Mean Ratio | 2019 PTAD Value Estimate | 2019 Value Assigned |
|---|---|---|---|---|
| A. SINGLE-FAMILY RESIDENCES | 47,418,101 | 0.9918 | 47,810,144 | 47,418,101 |
| B. MULTIFAMILY RESIDENCES | 175,083 | N/A | 175,083 | 175,083 |
| C1. VACANT LOTS | 2,789,648 | N/A | 2,789,648 | 2,789,648 |
| D1. QUALIFIED AG LAND | 2,803,937 | 1.1438 | 2,451,361 | 2,803,937 |
| D2. REAL PROP:FARM & RANCH | 19,247,360 | N/A | 19,247,360 | 19,247,360 |
| E. REAL PROP NONQUAL ACREAGE | 64,095,200 | 0.9651 | 66,413,014 | 64,095,200 |
| F1. COMMERCIAL REAL | 783,338 | N/A | 783,338 | 783,338 |
| J. UTILITIES | 3,704,914 | N/A | 3,704,914 | 3,704,914 |
| L1. COMMERCIAL PERSONAL | 399,843 | N/A | 399,843 | 399,843 |
| M. MOBILE HOMES | 1,199,183 | N/A | 1,199,183 | 1,199,183 |
| O. RESIDENTIAL INVENTORY | 14,520 | N/A | 14,520 | 14,520 |
| Subtotal | 142,631,127 | 0 | 144,988,408 | 142,631,127 |
| Less Total Deductions | 27,583,785 | 0 | 27,860,823 | 27,583,785 |
| Total Taxable Value | 115,047,342 | 0 | 117,127,585 | 115,047,342 |
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 |
|---|---|---|---|
| 119,038,280 | 115,047,342 | 111,556,127 | 107,565,189 |
| Loss To the Additional $10,000 Homestead Exemption |
50% of the loss to the Local Optional Percentage Homestead Exemption |
|---|---|
| 3,990,938 | 7,482,153 |
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 |
|---|---|---|---|
| 119,038,280 | 115,047,342 | 111,556,127 | 107,565,189 |
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
234-906-02/Van ISD
| Category | Local Tax Roll Value | 2019 WTD Mean Ratio | 2019 PTAD Value Estimate | 2019 Value Assigned |
|---|---|---|---|---|
| A. SINGLE-FAMILY RESIDENCES | 47,418,101 | 0.9918 | 47,810,144 | 47,418,101 |
| B. MULTIFAMILY RESIDENCES | 175,083 | N/A | 175,083 | 175,083 |
| C1. VACANT LOTS | 2,789,648 | N/A | 2,789,648 | 2,789,648 |
| D1. QUALIFIED AG LAND | 2,803,937 | 1.1438 | 2,451,361 | 2,803,937 |
| D2. REAL PROP:FARM & RANCH | 19,247,360 | N/A | 19,247,360 | 19,247,360 |
| E. REAL PROP NONQUAL ACREAGE | 64,095,200 | 0.9651 | 66,413,014 | 64,095,200 |
| F1. COMMERCIAL REAL | 783,338 | N/A | 783,338 | 783,338 |
| J. UTILITIES | 3,704,914 | N/A | 3,704,914 | 3,704,914 |
| L1. COMMERCIAL PERSONAL | 399,843 | N/A | 399,843 | 399,843 |
| M. MOBILE HOMES | 1,199,183 | N/A | 1,199,183 | 1,199,183 |
| O. RESIDENTIAL INVENTORY | 14,520 | N/A | 14,520 | 14,520 |
| Subtotal | 142,631,127 | 144,988,408 | 142,631,127 | |
| Less Total Deductions | 27,583,785 | 27,860,823 | 27,583,785 | |
| Total Taxable Value | 115,047,342 | 117,127,585 | 115,047,342 |
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 |
|---|---|---|---|
| 119,038,280 | 115,047,342 | 111,556,127 | 107,565,189 |
| Loss To the Additional $10,000 Homestead Exemption |
50 % of the loss to the Local Optional Percentage Homestead Exemption |
|---|---|
| 3,990,938 | 7,482,153 |
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 |
|---|---|---|---|
| 119,038,280 | 115,047,342 | 111,556,127 | 107,565,189 |
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 taxceiling 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