taxes Property Tax Assistance

2021 ISD Summary Worksheet

Canton ISD (all splits)   Van Zandt County  

234-Van Zandt/Van Zandt County

234-902/Canton ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 499,504,508 0.9963 501,359,538 499,504,508
B - MULTIFAMILY 11,840,227 N/A 11,840,227 11,840,227
C1 - VACANT LOTS 7,526,056 N/A 7,526,056 7,526,056
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,567,200 1.1412 11,011,993 12,567,200
D2 - FARM & RANCH IMP 10,102,180 N/A 10,102,180 10,102,180
E - NON-AG LAND AND IMPROVEMENTS 383,957,852 0.9904 387,679,576 383,957,852
F1 - COMMERCIAL REAL 194,618,144 0.8290 234,762,538 194,618,144
F2 - INDUSTRIAL REAL 4,594,760 N/A 4,594,760 4,594,760
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 47,276,670 N/A 47,276,670 47,276,670
L1 - COMMERCIAL PERSONAL 44,340,013 N/A 44,340,013 44,340,013
L2 - INDUSTRIAL PERSONAL 8,613,240 N/A 8,613,240 8,613,240
M1 - MOBILE HOMES 9,463,037 N/A 9,463,037 9,463,037
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 151,250 N/A 151,250 151,250
S - SPECIAL INVENTORY 4,378,465 N/A 4,378,465 4,378,465
Subtotal 1,238,933,602 0 1,283,099,543 1,238,933,602
Less Total Deductions 227,612,112 0 228,797,289 227,612,112
Total Taxable Value 1,011,321,490 0 1,054,302,254 1,011,321,490

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's office 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 school 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

Measure Value Description
T1 1,040,662,034 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,011,321,490 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,040,662,034 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,011,321,490 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,040,662,034 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,011,321,490 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,040,662,034 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,011,321,490 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 29,340,544 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


Back to top

234-902-02/Canton ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 499,504,508 0.9963 501,359,538 499,504,508
B - MULTIFAMILY 11,840,227 N/A 11,840,227 11,840,227
C1 - VACANT LOTS 7,526,056 N/A 7,526,056 7,526,056
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,567,200 1.1412 11,011,993 12,567,200
D2 - FARM & RANCH IMP 10,102,180 N/A 10,102,180 10,102,180
E - NON-AG LAND AND IMPROVEMENTS 383,957,852 0.9904 387,679,576 383,957,852
F1 - COMMERCIAL REAL 194,618,144 0.8290 234,762,538 194,618,144
F2 - INDUSTRIAL REAL 4,594,760 N/A 4,594,760 4,594,760
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 47,276,670 N/A 47,276,670 47,276,670
L1 - COMMERCIAL PERSONAL 44,340,013 N/A 44,340,013 44,340,013
L2 - INDUSTRIAL PERSONAL 8,613,240 N/A 8,613,240 8,613,240
M1 - MOBILE HOMES 9,463,037 N/A 9,463,037 9,463,037
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 151,250 N/A 151,250 151,250
S - SPECIAL INVENTORY 4,378,465 N/A 4,378,465 4,378,465
Subtotal 1,238,933,602 1,283,099,543 1,238,933,602
Less Total Deductions 227,612,112 228,797,289 227,612,112
Total Taxable Value 1,011,321,490 1,054,302,254 1,011,321,490

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's office 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 school 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

Measure Value Description
T1 1,040,662,034 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,011,321,490 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,040,662,034 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,011,321,490 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,040,662,034 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,011,321,490 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,040,662,034 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,011,321,490 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 29,340,544 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

Back to top