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	132,853,582	0.9831	135,137,404	132,853,582
B. MULTIFAMILY RESIDENCES	1,825,980	N/A	1,825,980	1,825,980
C1. VACANT LOTS	2,712,240	N/A	2,712,240	2,712,240
D1. QUALIFIED AG LAND	5,068,310	1.0045	5,045,758	5,068,310
D2. REAL PROP:FARM & RANCH	2,715,210	N/A	2,715,210	2,715,210
E. REAL PROP NONQUAL ACREAGE	138,869,184	0.8841	157,074,069	138,869,184
F1. COMMERCIAL REAL	11,389,883	N/A	11,389,883	11,389,883
F2. INDUSTRIAL REAL	485,535	N/A	485,535	485,535
G. OIL,GAS,MINERALS	13,988,285	N/A	13,988,285	13,988,285
J. UTILITIES	11,509,420	N/A	11,509,420	11,509,420
L1. COMMERCIAL PERSONAL	6,676,960	N/A	6,676,960	6,676,960
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
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	334,395,353	0	354,861,508	334,395,353
Less Total Deductions	65,614,610	0	67,164,806	65,614,610
Total Taxable Value	268,780,743	0	287,696,702	268,780,743

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
280,482,300	268,780,743	280,482,300	268,780,743

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
11,701,557	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
280,482,300	268,780,743	280,482,300	268,780,743

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	132,853,582	0.9831	135,137,404	132,853,582
B. MULTIFAMILY RESIDENCES	1,825,980	N/A	1,825,980	1,825,980
C1. VACANT LOTS	2,712,240	N/A	2,712,240	2,712,240
D1. QUALIFIED AG LAND	5,068,310	1.0045	5,045,758	5,068,310
D2. REAL PROP:FARM & RANCH	2,715,210	N/A	2,715,210	2,715,210
E. REAL PROP NONQUAL ACREAGE	138,869,184	0.8841	157,074,069	138,869,184
F1. COMMERCIAL REAL	11,389,883	N/A	11,389,883	11,389,883
F2. INDUSTRIAL REAL	485,535	N/A	485,535	485,535
G. OIL,GAS,MINERALS	13,988,285	N/A	13,988,285	13,988,285
J. UTILITIES	11,509,420	N/A	11,509,420	11,509,420
L1. COMMERCIAL PERSONAL	6,676,960	N/A	6,676,960	6,676,960
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
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	334,395,353		354,861,508	334,395,353
Less Total Deductions	65,614,610		67,164,806	65,614,610
Total Taxable Value	268,780,743		287,696,702	268,780,743

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
280,482,300	268,780,743	280,482,300	268,780,743

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
11,701,557	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
280,482,300	268,780,743	280,482,300	268,780,743

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