taxes Property Tax Assistance

2021 ISD Summary Worksheet

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	499,327,048	0.9963	501,181,419	499,327,048
B - MULTIFAMILY	11,972,297	N/A	11,972,297	11,972,297
C1 - VACANT LOTS	7,486,486	N/A	7,486,486	7,486,486
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,260,097	1.1326	11,707,736	13,260,097
D2 - FARM & RANCH IMP	8,240,790	N/A	8,240,790	8,240,790
E - NON-AG LAND AND IMPROVEMENTS	384,412,435	0.9904	388,138,565	384,412,435
F1 - COMMERCIAL REAL	196,178,795	0.8290	236,645,109	196,178,795
F2 - INDUSTRIAL REAL	5,430,090	N/A	5,430,090	5,430,090
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	47,757,970	N/A	47,757,970	47,757,970
L1 - COMMERCIAL PERSONAL	44,561,853	N/A	44,561,853	44,561,853
L2 - INDUSTRIAL PERSONAL	8,613,240	N/A	8,613,240	8,613,240
M1 - MOBILE HOMES	9,182,627	N/A	9,182,627	9,182,627
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	185,730	N/A	185,730	185,730
S - SPECIAL INVENTORY	4,378,465	N/A	4,378,465	4,378,465
Subtotal	1,240,987,923	0	1,285,482,377	1,240,987,923
Less Total Deductions	224,830,541	0	225,984,327	224,830,541
Total Taxable Value	1,016,157,382	0	1,059,498,050	1,016,157,382

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
1,045,204,815	1,016,157,382	1,045,204,815	1,016,157,382

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
29,047,433	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
1,045,204,815	1,016,157,382	1,045,204,815	1,016,157,382

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	499,327,048	0.9963	501,181,419	499,327,048
B - MULTIFAMILY	11,972,297	N/A	11,972,297	11,972,297
C1 - VACANT LOTS	7,486,486	N/A	7,486,486	7,486,486
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,260,097	1.1326	11,707,736	13,260,097
D2 - FARM & RANCH IMP	8,240,790	N/A	8,240,790	8,240,790
E - NON-AG LAND AND IMPROVEMENTS	384,412,435	0.9904	388,138,565	384,412,435
F1 - COMMERCIAL REAL	196,178,795	0.8290	236,645,109	196,178,795
F2 - INDUSTRIAL REAL	5,430,090	N/A	5,430,090	5,430,090
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	47,757,970	N/A	47,757,970	47,757,970
L1 - COMMERCIAL PERSONAL	44,561,853	N/A	44,561,853	44,561,853
L2 - INDUSTRIAL PERSONAL	8,613,240	N/A	8,613,240	8,613,240
M1 - MOBILE HOMES	9,182,627	N/A	9,182,627	9,182,627
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	185,730	N/A	185,730	185,730
S - SPECIAL INVENTORY	4,378,465	N/A	4,378,465	4,378,465
Subtotal	1,240,987,923		1,285,482,377	1,240,987,923
Less Total Deductions	224,830,541		225,984,327	224,830,541
Total Taxable Value	1,016,157,382		1,059,498,050	1,016,157,382

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
1,045,204,815	1,016,157,382	1,045,204,815	1,016,157,382

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
29,047,433	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
1,045,204,815	1,016,157,382	1,045,204,815	1,016,157,382

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