taxes Property Tax Assistance

2022 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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 635,598,812 N/A 635,598,812 635,598,812
B - MULTIFAMILY 19,793,524 N/A 19,793,524 19,793,524
C1 - VACANT LOTS 17,790,659 N/A 17,790,659 17,790,659
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,768,210 N/A 13,768,210 13,768,210
D2 - FARM & RANCH IMP 11,776,070 N/A 11,776,070 11,776,070
E - NON-AG LAND AND IMPROVEMENTS 500,104,098 N/A 500,104,098 500,104,098
F1 - COMMERCIAL REAL 218,478,896 N/A 218,478,896 218,478,896
F2 - INDUSTRIAL REAL 5,063,040 N/A 5,063,040 5,063,040
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 50,193,950 N/A 50,193,950 50,193,950
L1 - COMMERCIAL PERSONAL 48,276,135 N/A 48,276,135 48,276,135
L2 - INDUSTRIAL PERSONAL 7,458,670 N/A 7,458,670 7,458,670
M1 - MOBILE HOMES 12,211,357 N/A 12,211,357 12,211,357
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,283,357 N/A 5,283,357 5,283,357
Subtotal 1,545,796,778 0 1,545,796,778 1,545,796,778
Less Total Deductions 362,840,518 0 362,840,518 362,840,518
Total Taxable Value 1,182,956,260 0 1,182,956,260 1,182,956,260

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 1,226,266,605 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,182,956,260 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,226,266,605 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,182,956,260 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,261,706,605 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,226,266,605 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,182,956,260 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,226,266,605 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,182,956,260 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,261,706,605 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 43,310,345 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
LOSS_PREV_INCR_HMSTD 35,440,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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234-902-02/Canton ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 635,598,812 N/A 635,598,812 635,598,812
B - MULTIFAMILY 19,793,524 N/A 19,793,524 19,793,524
C1 - VACANT LOTS 17,790,659 N/A 17,790,659 17,790,659
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,768,210 N/A 13,768,210 13,768,210
D2 - FARM & RANCH IMP 11,776,070 N/A 11,776,070 11,776,070
E - NON-AG LAND AND IMPROVEMENTS 500,104,098 N/A 500,104,098 500,104,098
F1 - COMMERCIAL REAL 218,478,896 N/A 218,478,896 218,478,896
F2 - INDUSTRIAL REAL 5,063,040 N/A 5,063,040 5,063,040
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 50,193,950 N/A 50,193,950 50,193,950
L1 - COMMERCIAL PERSONAL 48,276,135 N/A 48,276,135 48,276,135
L2 - INDUSTRIAL PERSONAL 7,458,670 N/A 7,458,670 7,458,670
M1 - MOBILE HOMES 12,211,357 N/A 12,211,357 12,211,357
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,283,357 N/A 5,283,357 5,283,357
Subtotal 1,545,796,778 1,545,796,778 1,545,796,778
Less Total Deductions 362,840,518 362,840,518 362,840,518
Total Taxable Value 1,182,956,260 1,182,956,260 1,182,956,260

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 1,226,266,605 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,182,956,260 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,226,266,605 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,182,956,260 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,261,706,605 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,226,266,605 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,182,956,260 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,226,266,605 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,182,956,260 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,261,706,605 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 43,310,345 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
LOSS_PREV_INCR_HMSTD 35,440,000 Loss to the second most recent increase in the state-mandated homestead exemption

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