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