taxes Property Tax Assistance

2020 ISD Summary Worksheet

234-Van Zandt /Van Zandt County

234-902/Canton ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 442,261,940 N/A 442,261,940 442,261,940
B - MULTIFAMILY 10,787,719 N/A 10,787,719 10,787,719
C1 - VACANT LOTS 7,019,580 N/A 7,019,580 7,019,580
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,584,150 N/A 10,584,150 10,584,150
D2 - FARM & RANCH IMP 7,698,800 N/A 7,698,800 7,698,800
E - NON-AG LAND AND IMPROVEMENTS 349,985,423 N/A 349,985,423 349,985,423
F1 - COMMERCIAL REAL 169,917,458 N/A 169,917,458 169,917,458
F2 - INDUSTRIAL REAL 997,610 N/A 997,610 997,610
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 34,995,765 N/A 34,995,765 34,995,765
L1 - COMMERCIAL PERSONAL 45,200,544 N/A 45,200,544 45,200,544
L2 - INDUSTRIAL PERSONAL 13,095,963 N/A 13,095,963 13,095,963
M1 - MOBILE HOMES 7,475,120 N/A 7,475,120 7,475,120
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 374,900 N/A 374,900 374,900
S - SPECIAL INVENTORY 3,621,657 N/A 3,621,657 3,621,657
Subtotal 1,104,016,629 0 1,104,016,629 1,104,016,629
Less Total Deductions 210,432,593 0 210,432,593 210,432,593
Total Taxable Value 893,584,036 0 893,584,036 893,584,036

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
922,476,739 893,584,036 922,476,739 893,584,036


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
28,892,703 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
922,476,739 893,584,036 922,476,739 893,584,036

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

234-902-02/Canton ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 442,261,940 N/A 442,261,940 442,261,940
B - MULTIFAMILY 10,787,719 N/A 10,787,719 10,787,719
C1 - VACANT LOTS 7,019,580 N/A 7,019,580 7,019,580
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,584,150 N/A 10,584,150 10,584,150
D2 - FARM & RANCH IMP 7,698,800 N/A 7,698,800 7,698,800
E - NON-AG LAND AND IMPROVEMENTS 349,985,423 N/A 349,985,423 349,985,423
F1 - COMMERCIAL REAL 169,917,458 N/A 169,917,458 169,917,458
F2 - INDUSTRIAL REAL 997,610 N/A 997,610 997,610
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 34,995,765 N/A 34,995,765 34,995,765
L1 - COMMERCIAL PERSONAL 45,200,544 N/A 45,200,544 45,200,544
L2 - INDUSTRIAL PERSONAL 13,095,963 N/A 13,095,963 13,095,963
M1 - MOBILE HOMES 7,475,120 N/A 7,475,120 7,475,120
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 374,900 N/A 374,900 374,900
S - SPECIAL INVENTORY 3,621,657 N/A 3,621,657 3,621,657
Subtotal 1,104,016,629 1,104,016,629 1,104,016,629
Less Total Deductions 210,432,593 210,432,593 210,432,593
Total Taxable Value 893,584,036 893,584,036 893,584,036

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
922,476,739 893,584,036 922,476,739 893,584,036


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
28,892,703 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
922,476,739 893,584,036 922,476,739 893,584,036

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