taxes Property Tax Assistance

2022 ISD Summary Worksheet

234-Van Zandt/Van Zandt County

234-904/Grand Saline ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 216,648,975 N/A 216,648,975 216,648,975
B - MULTIFAMILY 3,274,510 N/A 3,274,510 3,274,510
C1 - VACANT LOTS 6,648,823 N/A 6,648,823 6,648,823
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,856,960 N/A 8,856,960 8,856,960
D2 - FARM & RANCH IMP 5,463,434 N/A 5,463,434 5,463,434
E - NON-AG LAND AND IMPROVEMENTS 255,327,261 N/A 255,327,261 255,327,261
F1 - COMMERCIAL REAL 40,280,621 N/A 40,280,621 40,280,621
F2 - INDUSTRIAL REAL 4,629,449 N/A 4,629,449 4,629,449
G - ALL MINERALS 2,808,290 N/A 2,808,290 2,808,290
J - ALL UTILITIES 28,573,840 N/A 28,573,840 28,573,840
L1 - COMMERCIAL PERSONAL 9,903,260 N/A 9,903,260 9,903,260
L2 - INDUSTRIAL PERSONAL 42,551,270 N/A 42,551,270 42,551,270
M1 - MOBILE HOMES 6,384,900 N/A 6,384,900 6,384,900
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 275,760 N/A 275,760 275,760
S - SPECIAL INVENTORY 171,418 N/A 171,418 171,418
Subtotal 631,798,771 0 631,798,771 631,798,771
Less Total Deductions 175,571,384 0 175,571,384 175,571,384
Total Taxable Value 456,227,387 0 456,227,387 456,227,387

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 T13
477,477,372 456,227,387 452,144,627 430,894,642 494,597,372


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
21,249,985 25,332,745 17,120,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
477,477,372 456,227,387 452,144,627 430,894,642 494,597,372

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 216,648,975 N/A 216,648,975 216,648,975
B - MULTIFAMILY 3,274,510 N/A 3,274,510 3,274,510
C1 - VACANT LOTS 6,648,823 N/A 6,648,823 6,648,823
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,856,960 N/A 8,856,960 8,856,960
D2 - FARM & RANCH IMP 5,463,434 N/A 5,463,434 5,463,434
E - NON-AG LAND AND IMPROVEMENTS 255,327,261 N/A 255,327,261 255,327,261
F1 - COMMERCIAL REAL 40,280,621 N/A 40,280,621 40,280,621
F2 - INDUSTRIAL REAL 4,629,449 N/A 4,629,449 4,629,449
G - ALL MINERALS 2,808,290 N/A 2,808,290 2,808,290
J - ALL UTILITIES 28,573,840 N/A 28,573,840 28,573,840
L1 - COMMERCIAL PERSONAL 9,903,260 N/A 9,903,260 9,903,260
L2 - INDUSTRIAL PERSONAL 42,551,270 N/A 42,551,270 42,551,270
M1 - MOBILE HOMES 6,384,900 N/A 6,384,900 6,384,900
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 275,760 N/A 275,760 275,760
S - SPECIAL INVENTORY 171,418 N/A 171,418 171,418
Subtotal 631,798,771 631,798,771 631,798,771
Less Total Deductions 175,571,384 175,571,384 175,571,384
Total Taxable Value 456,227,387 456,227,387 456,227,387

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 T13
477,477,372 456,227,387 452,144,627 430,894,642 494,597,372


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
21,249,985 25,332,745 17,120,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
477,477,372 456,227,387 452,144,627 430,894,642 494,597,372

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement