taxes Property Tax Assistance

2019 ISD Summary Worksheet

234-Van Zandt

234-906/Van ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 300,433,900 0.9340 321,663,704 300,433,900
B. MULTIFAMILY RESIDENCES 6,164,140 N/A 6,164,140 6,164,140
C1. VACANT LOTS 12,276,220 N/A 12,276,220 12,276,220
D1. QUALIFIED AG LAND 11,657,738 1.0049 11,600,986 11,657,738
D2. REAL PROP:FARM & RANCH 5,441,230 N/A 5,441,230 5,441,230
E. REAL PROP NONQUAL ACREAGE 319,429,440 0.9314 342,956,238 319,429,440
F1. COMMERCIAL REAL 40,748,662 0.7755 52,545,019 40,748,662
F2. INDUSTRIAL REAL 3,134,128 N/A 3,134,128 3,134,128
G. OIL,GAS,MINERALS 42,132,090 N/A 42,132,090 42,132,090
J. UTILITIES 16,499,634 N/A 16,499,634 16,499,634
L1. COMMERCIAL PERSONAL 20,291,900 N/A 20,291,900 20,291,900
L2. INDUSTRIAL PERSONAL 6,646,303 N/A 6,646,303 6,646,303
M. MOBILE HOMES 6,405,460 N/A 6,405,460 6,405,460
O. RESIDENTIAL INVENTORY 405,980 N/A 405,980 405,980
S. SPECIAL INVENTORY 58,816 N/A 58,816 58,816
Subtotal 791,725,641 0 848,221,848 791,725,641
Less Total Deductions 175,602,003 0 189,427,387 175,602,003
Total Taxable Value 616,123,638 0 658,794,461 616,123,638

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
643,491,551 616,123,638 602,411,261 575,043,348


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
27,367,913 41,080,290


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
643,491,551 616,123,638 602,411,261 575,043,348

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

234-906-02/Van ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 300,433,900 0.9340 321,663,704 300,433,900
B. MULTIFAMILY RESIDENCES 6,164,140 N/A 6,164,140 6,164,140
C1. VACANT LOTS 12,276,220 N/A 12,276,220 12,276,220
D1. QUALIFIED AG LAND 11,657,738 1.0049 11,600,986 11,657,738
D2. REAL PROP:FARM & RANCH 5,441,230 N/A 5,441,230 5,441,230
E. REAL PROP NONQUAL ACREAGE 319,429,440 0.9314 342,956,238 319,429,440
F1. COMMERCIAL REAL 40,748,662 0.7755 52,545,019 40,748,662
F2. INDUSTRIAL REAL 3,134,128 N/A 3,134,128 3,134,128
G. OIL,GAS,MINERALS 42,132,090 N/A 42,132,090 42,132,090
J. UTILITIES 16,499,634 N/A 16,499,634 16,499,634
L1. COMMERCIAL PERSONAL 20,291,900 N/A 20,291,900 20,291,900
L2. INDUSTRIAL PERSONAL 6,646,303 N/A 6,646,303 6,646,303
M. MOBILE HOMES 6,405,460 N/A 6,405,460 6,405,460
O. RESIDENTIAL INVENTORY 405,980 N/A 405,980 405,980
S. SPECIAL INVENTORY 58,816 N/A 58,816 58,816
Subtotal 791,725,641 848,221,848 791,725,641
Less Total Deductions 175,602,003 189,427,387 175,602,003
Total Taxable Value 616,123,638 658,794,461 616,123,638

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
643,491,551 616,123,638 602,411,261 575,043,348


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
27,367,913 41,080,290


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
643,491,551 616,123,638 602,411,261 575,043,348

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