taxes Property Tax Assistance

2020 ISD Summary Worksheet

234-Van Zandt /Van Zandt County

234-909/Fruitvale ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	32,236,070	N/A	32,236,070	32,236,070
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	521,410	N/A	521,410	521,410
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,073,880	N/A	2,073,880	2,073,880
D2 - FARM & RANCH IMP	733,530	N/A	733,530	733,530
E - NON-AG LAND AND IMPROVEMENTS	41,569,481	N/A	41,569,481	41,569,481
F1 - COMMERCIAL REAL	1,242,900	N/A	1,242,900	1,242,900
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	13,463	N/A	13,463	13,463
J - ALL UTILITIES	6,601,586	N/A	6,601,586	6,601,586
L1 - COMMERCIAL PERSONAL	456,940	N/A	456,940	456,940
L2 - INDUSTRIAL PERSONAL	159,626	N/A	159,626	159,626
M1 - MOBILE HOMES	1,687,200	N/A	1,687,200	1,687,200
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	87,296,086	0	87,296,086	87,296,086
Less Total Deductions	24,778,950	0	24,778,950	24,778,950
Total Taxable Value	62,517,136	0	62,517,136	62,517,136

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
66,231,183	62,517,136	61,510,638	57,796,591

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,714,047	4,720,545

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
66,231,183	62,517,136	61,510,638	57,796,591

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

234-909-02/Fruitvale ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	32,236,070	N/A	32,236,070	32,236,070
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	521,410	N/A	521,410	521,410
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,073,880	N/A	2,073,880	2,073,880
D2 - FARM & RANCH IMP	733,530	N/A	733,530	733,530
E - NON-AG LAND AND IMPROVEMENTS	41,569,481	N/A	41,569,481	41,569,481
F1 - COMMERCIAL REAL	1,242,900	N/A	1,242,900	1,242,900
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	13,463	N/A	13,463	13,463
J - ALL UTILITIES	6,601,586	N/A	6,601,586	6,601,586
L1 - COMMERCIAL PERSONAL	456,940	N/A	456,940	456,940
L2 - INDUSTRIAL PERSONAL	159,626	N/A	159,626	159,626
M1 - MOBILE HOMES	1,687,200	N/A	1,687,200	1,687,200
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	87,296,086		87,296,086	87,296,086
Less Total Deductions	24,778,950		24,778,950	24,778,950
Total Taxable Value	62,517,136		62,517,136	62,517,136

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
66,231,183	62,517,136	61,510,638	57,796,591

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,714,047	4,720,545

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
66,231,183	62,517,136	61,510,638	57,796,591

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