taxes Property Tax Assistance

2019 ISD Summary Worksheet

234-Van Zandt

234-904/Grand Saline ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 129,266,680 0.9161 141,105,425 129,266,680
B. MULTIFAMILY RESIDENCES 2,157,239 N/A 2,157,239 2,157,239
C1. VACANT LOTS 2,315,720 N/A 2,315,720 2,315,720
D1. QUALIFIED AG LAND 7,413,077 1.0087 7,349,346 7,413,077
D2. REAL PROP:FARM & RANCH 3,564,150 N/A 3,564,150 3,564,150
E. REAL PROP NONQUAL ACREAGE 158,198,300 0.9692 163,225,650 158,198,300
F1. COMMERCIAL REAL 19,647,819 0.7661 25,646,546 19,647,819
F2. INDUSTRIAL REAL 3,307,079 N/A 3,307,079 3,307,079
G. OIL,GAS,MINERALS 2,841,536 N/A 2,841,536 2,841,536
J. UTILITIES 20,210,500 0.9821 20,578,862 20,210,500
L1. COMMERCIAL PERSONAL 8,611,560 N/A 8,611,560 8,611,560
L2. INDUSTRIAL PERSONAL 36,422,420 N/A 36,422,420 36,422,420
M. MOBILE HOMES 3,089,420 N/A 3,089,420 3,089,420
O. RESIDENTIAL INVENTORY 4,830 N/A 4,830 4,830
S. SPECIAL INVENTORY 186,405 N/A 186,405 186,405
Subtotal 397,236,735 0 420,406,188 397,236,735
Less Total Deductions 96,468,630 0 105,527,270 96,468,630
Total Taxable Value 300,768,105 0 314,878,918 300,768,105

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
314,644,436 300,768,105 297,036,419 283,160,088


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,876,331 17,608,017


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
314,644,436 300,768,105 297,036,419 283,160,088

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

234-904-02/Grand Saline ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 129,266,680 0.9161 141,105,425 129,266,680
B. MULTIFAMILY RESIDENCES 2,157,239 N/A 2,157,239 2,157,239
C1. VACANT LOTS 2,315,720 N/A 2,315,720 2,315,720
D1. QUALIFIED AG LAND 7,413,077 1.0087 7,349,346 7,413,077
D2. REAL PROP:FARM & RANCH 3,564,150 N/A 3,564,150 3,564,150
E. REAL PROP NONQUAL ACREAGE 158,198,300 0.9692 163,225,650 158,198,300
F1. COMMERCIAL REAL 19,647,819 0.7661 25,646,546 19,647,819
F2. INDUSTRIAL REAL 3,307,079 N/A 3,307,079 3,307,079
G. OIL,GAS,MINERALS 2,841,536 N/A 2,841,536 2,841,536
J. UTILITIES 20,210,500 0.9821 20,578,862 20,210,500
L1. COMMERCIAL PERSONAL 8,611,560 N/A 8,611,560 8,611,560
L2. INDUSTRIAL PERSONAL 36,422,420 N/A 36,422,420 36,422,420
M. MOBILE HOMES 3,089,420 N/A 3,089,420 3,089,420
O. RESIDENTIAL INVENTORY 4,830 N/A 4,830 4,830
S. SPECIAL INVENTORY 186,405 N/A 186,405 186,405
Subtotal 397,236,735 420,406,188 397,236,735
Less Total Deductions 96,468,630 105,527,270 96,468,630
Total Taxable Value 300,768,105 314,878,918 300,768,105

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
314,644,436 300,768,105 297,036,419 283,160,088


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,876,331 17,608,017


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
314,644,436 300,768,105 297,036,419 283,160,088

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