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 386,477,880 0.9516 406,134,805 386,477,880
B. MULTIFAMILY RESIDENCES 10,474,080 N/A 10,474,080 10,474,080
C1. VACANT LOTS 6,740,610 N/A 6,740,610 6,740,610
D1. QUALIFIED AG LAND 11,178,732 1.0015 11,161,813 11,178,732
D2. REAL PROP:FARM & RANCH 8,477,130 N/A 8,477,130 8,477,130
E. REAL PROP NONQUAL ACREAGE 313,655,639 0.9297 337,372,958 313,655,639
F1. COMMERCIAL REAL 160,796,958 0.9241 174,003,850 160,796,958
F2. INDUSTRIAL REAL 853,377 N/A 853,377 853,377
J. UTILITIES 26,929,536 N/A 26,929,536 26,929,536
L1. COMMERCIAL PERSONAL 42,540,420 N/A 42,540,420 42,540,420
L2. INDUSTRIAL PERSONAL 13,776,099 N/A 13,776,099 13,776,099
M. MOBILE HOMES 6,165,160 N/A 6,165,160 6,165,160
O. RESIDENTIAL INVENTORY 353,480 N/A 353,480 353,480
S. SPECIAL INVENTORY 3,425,046 N/A 3,425,046 3,425,046
Subtotal 991,844,147 0 1,048,408,364 991,844,147
Less Total Deductions 183,702,090 0 196,038,966 183,702,090
Total Taxable Value 808,142,057 0 852,369,398 808,142,057

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
836,288,509 808,142,057 836,288,509 808,142,057


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
28,146,452 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
836,288,509 808,142,057 836,288,509 808,142,057

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

234-902-02/Canton ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 386,477,880 0.9516 406,134,805 386,477,880
B. MULTIFAMILY RESIDENCES 10,474,080 N/A 10,474,080 10,474,080
C1. VACANT LOTS 6,740,610 N/A 6,740,610 6,740,610
D1. QUALIFIED AG LAND 11,178,732 1.0015 11,161,813 11,178,732
D2. REAL PROP:FARM & RANCH 8,477,130 N/A 8,477,130 8,477,130
E. REAL PROP NONQUAL ACREAGE 313,655,639 0.9297 337,372,958 313,655,639
F1. COMMERCIAL REAL 160,796,958 0.9241 174,003,850 160,796,958
F2. INDUSTRIAL REAL 853,377 N/A 853,377 853,377
J. UTILITIES 26,929,536 N/A 26,929,536 26,929,536
L1. COMMERCIAL PERSONAL 42,540,420 N/A 42,540,420 42,540,420
L2. INDUSTRIAL PERSONAL 13,776,099 N/A 13,776,099 13,776,099
M. MOBILE HOMES 6,165,160 N/A 6,165,160 6,165,160
O. RESIDENTIAL INVENTORY 353,480 N/A 353,480 353,480
S. SPECIAL INVENTORY 3,425,046 N/A 3,425,046 3,425,046
Subtotal 991,844,147 1,048,408,364 991,844,147
Less Total Deductions 183,702,090 196,038,966 183,702,090
Total Taxable Value 808,142,057 852,369,398 808,142,057

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
836,288,509 808,142,057 836,288,509 808,142,057


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
28,146,452 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
836,288,509 808,142,057 836,288,509 808,142,057

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