taxes Property Tax Assistance

2021 ISD Summary Worksheet

234-Van Zandt /Van Zandt County

234-904/Grand Saline ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 166,715,139 1.0110 164,901,226 166,715,139
B - MULTIFAMILY 2,567,047 N/A 2,567,047 2,567,047
C1 - VACANT LOTS 2,845,650 N/A 2,845,650 2,845,650
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,648,961 1.1069 7,813,411 8,648,961
D2 - FARM & RANCH IMP 4,565,060 N/A 4,565,060 4,565,060
E - NON-AG LAND AND IMPROVEMENTS 195,563,145 0.9616 203,372,655 195,563,145
F1 - COMMERCIAL REAL 26,196,320 0.7639 34,292,866 26,196,320
F2 - INDUSTRIAL REAL 4,417,140 N/A 4,417,140 4,417,140
G - ALL MINERALS 2,502,460 N/A 2,502,460 2,502,460
J - ALL UTILITIES 25,006,480 0.9596 26,059,275 25,006,480
L1 - COMMERCIAL PERSONAL 9,349,744 N/A 9,349,744 9,349,744
L2 - INDUSTRIAL PERSONAL 38,788,330 N/A 38,788,330 38,788,330
M1 - MOBILE HOMES 5,087,930 N/A 5,087,930 5,087,930
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 171,366 N/A 171,366 171,366
Subtotal 492,424,772 0 506,734,160 492,424,772
Less Total Deductions 115,508,133 0 114,143,282 115,508,133
Total Taxable Value 376,916,639 0 392,590,878 376,916,639

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
391,289,227 376,916,639 369,340,693 354,968,105


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,372,588 21,948,534


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
391,289,227 376,916,639 369,340,693 354,968,105

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

234-904-02/Grand Saline ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 166,715,139 1.0110 164,901,226 166,715,139
B - MULTIFAMILY 2,567,047 N/A 2,567,047 2,567,047
C1 - VACANT LOTS 2,845,650 N/A 2,845,650 2,845,650
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,648,961 1.1069 7,813,411 8,648,961
D2 - FARM & RANCH IMP 4,565,060 N/A 4,565,060 4,565,060
E - NON-AG LAND AND IMPROVEMENTS 195,563,145 0.9616 203,372,655 195,563,145
F1 - COMMERCIAL REAL 26,196,320 0.7639 34,292,866 26,196,320
F2 - INDUSTRIAL REAL 4,417,140 N/A 4,417,140 4,417,140
G - ALL MINERALS 2,502,460 N/A 2,502,460 2,502,460
J - ALL UTILITIES 25,006,480 0.9596 26,059,275 25,006,480
L1 - COMMERCIAL PERSONAL 9,349,744 N/A 9,349,744 9,349,744
L2 - INDUSTRIAL PERSONAL 38,788,330 N/A 38,788,330 38,788,330
M1 - MOBILE HOMES 5,087,930 N/A 5,087,930 5,087,930
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 171,366 N/A 171,366 171,366
Subtotal 492,424,772 506,734,160 492,424,772
Less Total Deductions 115,508,133 114,143,282 115,508,133
Total Taxable Value 376,916,639 392,590,878 376,916,639

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
391,289,227 376,916,639 369,340,693 354,968,105


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
14,372,588 21,948,534


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
391,289,227 376,916,639 369,340,693 354,968,105

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