taxes Property Tax Assistance

2023 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 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 774,893,650 1.0171 761,865,746 774,893,650
B - MULTIFAMILY 22,510,083 N/A 22,510,083 22,510,083
C1 - VACANT LOTS 22,796,875 N/A 22,796,875 22,796,875
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,074,650 1.2241 12,314,840 15,074,650
D2 - FARM & RANCH IMP 13,452,297 N/A 13,452,297 13,452,297
E - NON-AG LAND AND IMPROVEMENTS 621,300,437 1.0705 580,383,407 621,300,437
F1 - COMMERCIAL REAL 226,922,723 0.7696 294,858,008 226,922,723
F2 - INDUSTRIAL REAL 5,249,300 N/A 5,249,300 5,249,300
G - ALL MINERALS 42,400 N/A 42,400 42,400
J - ALL UTILITIES 54,084,240 N/A 54,084,240 54,084,240
L1 - COMMERCIAL PERSONAL 50,418,537 N/A 50,418,537 50,418,537
L2 - INDUSTRIAL PERSONAL 10,554,690 N/A 10,554,690 10,554,690
M1 - MOBILE HOMES 16,001,997 N/A 16,001,997 16,001,997
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 384,700 N/A 384,700 384,700
S - SPECIAL INVENTORY 5,975,235 N/A 5,975,235 5,975,235
Subtotal 1,839,661,814 0 1,850,892,355 1,839,661,814
Less Total Deductions 679,955,907 0 670,682,956 679,955,907
Total Taxable Value 1,159,705,907 0 1,180,209,399 1,159,705,907

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

Measure Value Description
T1 1,338,917,496 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,159,705,907 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 1,338,917,496 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,159,705,907 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,395,377,496 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,433,017,496 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,273,955,498 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,338,917,496 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,159,705,907 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 1,338,917,496 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,159,705,907 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,395,377,496 T13 plus the loss to the chapter 313 agreement
T16 1,433,017,496 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,273,955,498 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 179,211,589 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 56,460,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 37,640,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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234-902-02/Canton ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 774,893,650 1.0171 761,865,746 774,893,650
B - MULTIFAMILY 22,510,083 N/A 22,510,083 22,510,083
C1 - VACANT LOTS 22,796,875 N/A 22,796,875 22,796,875
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,074,650 1.2241 12,314,840 15,074,650
D2 - FARM & RANCH IMP 13,452,297 N/A 13,452,297 13,452,297
E - NON-AG LAND AND IMPROVEMENTS 621,300,437 1.0705 580,383,407 621,300,437
F1 - COMMERCIAL REAL 226,922,723 0.7696 294,858,008 226,922,723
F2 - INDUSTRIAL REAL 5,249,300 N/A 5,249,300 5,249,300
G - ALL MINERALS 42,400 N/A 42,400 42,400
J - ALL UTILITIES 54,084,240 N/A 54,084,240 54,084,240
L1 - COMMERCIAL PERSONAL 50,418,537 N/A 50,418,537 50,418,537
L2 - INDUSTRIAL PERSONAL 10,554,690 N/A 10,554,690 10,554,690
M1 - MOBILE HOMES 16,001,997 N/A 16,001,997 16,001,997
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 384,700 N/A 384,700 384,700
S - SPECIAL INVENTORY 5,975,235 N/A 5,975,235 5,975,235
Subtotal 1,839,661,814 1,850,892,355 1,839,661,814
Less Total Deductions 679,955,907 670,682,956 679,955,907
Total Taxable Value 1,159,705,907 1,180,209,399 1,159,705,907

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

Measure Value Description
T1 1,338,917,496 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,159,705,907 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 1,338,917,496 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,159,705,907 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,395,377,496 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,433,017,496 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,273,955,498 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,338,917,496 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,159,705,907 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 1,338,917,496 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,159,705,907 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,395,377,496 T13 plus the loss to the chapter 313 agreement
T16 1,433,017,496 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,273,955,498 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 179,211,589 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 56,460,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 37,640,000 Loss to Second Previous Homestead Increase

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