taxes Property Tax Assistance

2020 ISD Summary Worksheet

234-Van Zandt /Van Zandt County

234-903/Edgewood ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	158,703,723	0.9967	159,229,179	158,703,723
B - MULTIFAMILY	1,792,840	N/A	1,792,840	1,792,840
C1 - VACANT LOTS	2,939,011	N/A	2,939,011	2,939,011
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,931,130	0.9478	5,202,969	4,931,130
D2 - FARM & RANCH IMP	3,170,040	N/A	3,170,040	3,170,040
E - NON-AG LAND AND IMPROVEMENTS	164,778,076	0.9899	166,459,315	164,778,076
F1 - COMMERCIAL REAL	13,911,886	N/A	13,911,886	13,911,886
F2 - INDUSTRIAL REAL	535,885	N/A	535,885	535,885
G - ALL MINERALS	14,166,969	N/A	14,166,969	14,166,969
J - ALL UTILITIES	12,828,591	N/A	12,828,591	12,828,591
L1 - COMMERCIAL PERSONAL	6,290,518	N/A	6,290,518	6,290,518
L2 - INDUSTRIAL PERSONAL	2,147,337	N/A	2,147,337	2,147,337
M1 - MOBILE HOMES	4,093,433	N/A	4,093,433	4,093,433
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,393,080	N/A	1,393,080	1,393,080
S - SPECIAL INVENTORY	8,911	N/A	8,911	8,911
Subtotal	391,691,430	0	394,169,964	391,691,430
Less Total Deductions	84,135,363	0	84,501,977	84,135,363
Total Taxable Value	307,556,067	0	309,667,987	307,556,067

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
319,825,515	307,556,067	319,825,515	307,556,067

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
12,269,448	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
319,825,515	307,556,067	319,825,515	307,556,067

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

234-903-02/Edgewood ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	158,703,723	0.9967	159,229,179	158,703,723
B - MULTIFAMILY	1,792,840	N/A	1,792,840	1,792,840
C1 - VACANT LOTS	2,939,011	N/A	2,939,011	2,939,011
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,931,130	0.9478	5,202,969	4,931,130
D2 - FARM & RANCH IMP	3,170,040	N/A	3,170,040	3,170,040
E - NON-AG LAND AND IMPROVEMENTS	164,778,076	0.9899	166,459,315	164,778,076
F1 - COMMERCIAL REAL	13,911,886	N/A	13,911,886	13,911,886
F2 - INDUSTRIAL REAL	535,885	N/A	535,885	535,885
G - ALL MINERALS	14,166,969	N/A	14,166,969	14,166,969
J - ALL UTILITIES	12,828,591	N/A	12,828,591	12,828,591
L1 - COMMERCIAL PERSONAL	6,290,518	N/A	6,290,518	6,290,518
L2 - INDUSTRIAL PERSONAL	2,147,337	N/A	2,147,337	2,147,337
M1 - MOBILE HOMES	4,093,433	N/A	4,093,433	4,093,433
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,393,080	N/A	1,393,080	1,393,080
S - SPECIAL INVENTORY	8,911	N/A	8,911	8,911
Subtotal	391,691,430		394,169,964	391,691,430
Less Total Deductions	84,135,363		84,501,977	84,135,363
Total Taxable Value	307,556,067		309,667,987	307,556,067

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
319,825,515	307,556,067	319,825,515	307,556,067

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
12,269,448	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
319,825,515	307,556,067	319,825,515	307,556,067

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