taxes Property Tax Assistance

2021 ISD Summary Worksheet

234-Van Zandt /Van Zandt County

234-903/Edgewood ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 185,898,461 0.9636 192,920,777 185,898,461
B - MULTIFAMILY 1,978,988 N/A 1,978,988 1,978,988
C1 - VACANT LOTS 5,049,851 N/A 5,049,851 5,049,851
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,828,090 1.1297 5,158,850 5,828,090
D2 - FARM & RANCH IMP 4,440,490 N/A 4,440,490 4,440,490
E - NON-AG LAND AND IMPROVEMENTS 186,111,137 0.9662 192,621,752 186,111,137
F1 - COMMERCIAL REAL 17,431,580 N/A 17,431,580 17,431,580
F2 - INDUSTRIAL REAL 1,209,080 N/A 1,209,080 1,209,080
G - ALL MINERALS 11,466,660 N/A 11,466,660 11,466,660
J - ALL UTILITIES 14,649,430 N/A 14,649,430 14,649,430
L1 - COMMERCIAL PERSONAL 6,202,200 N/A 6,202,200 6,202,200
L2 - INDUSTRIAL PERSONAL 2,191,490 N/A 2,191,490 2,191,490
M1 - MOBILE HOMES 3,569,300 N/A 3,569,300 3,569,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,140,450 N/A 1,140,450 1,140,450
S - SPECIAL INVENTORY 4,753 N/A 4,753 4,753
Subtotal 447,171,960 0 460,035,651 447,171,960
Less Total Deductions 98,590,319 0 103,557,558 98,590,319
Total Taxable Value 348,581,641 0 356,478,093 348,581,641

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
361,251,018 348,581,641 361,251,018 348,581,641


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,669,377 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
361,251,018 348,581,641 361,251,018 348,581,641

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 185,898,461 0.9636 192,920,777 185,898,461
B - MULTIFAMILY 1,978,988 N/A 1,978,988 1,978,988
C1 - VACANT LOTS 5,049,851 N/A 5,049,851 5,049,851
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,828,090 1.1297 5,158,850 5,828,090
D2 - FARM & RANCH IMP 4,440,490 N/A 4,440,490 4,440,490
E - NON-AG LAND AND IMPROVEMENTS 186,111,137 0.9662 192,621,752 186,111,137
F1 - COMMERCIAL REAL 17,431,580 N/A 17,431,580 17,431,580
F2 - INDUSTRIAL REAL 1,209,080 N/A 1,209,080 1,209,080
G - ALL MINERALS 11,466,660 N/A 11,466,660 11,466,660
J - ALL UTILITIES 14,649,430 N/A 14,649,430 14,649,430
L1 - COMMERCIAL PERSONAL 6,202,200 N/A 6,202,200 6,202,200
L2 - INDUSTRIAL PERSONAL 2,191,490 N/A 2,191,490 2,191,490
M1 - MOBILE HOMES 3,569,300 N/A 3,569,300 3,569,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,140,450 N/A 1,140,450 1,140,450
S - SPECIAL INVENTORY 4,753 N/A 4,753 4,753
Subtotal 447,171,960 460,035,651 447,171,960
Less Total Deductions 98,590,319 103,557,558 98,590,319
Total Taxable Value 348,581,641 356,478,093 348,581,641

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
361,251,018 348,581,641 361,251,018 348,581,641


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,669,377 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
361,251,018 348,581,641 361,251,018 348,581,641

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