taxes Property Tax Assistance

2023 ISD Summary Worksheet

Edgewood ISD (all splits)   Van Zandt County  

234-Van Zandt/Van Zandt County

234-903/Edgewood ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 312,927,098 1.0823 289,131,570 312,927,098
B - MULTIFAMILY 2,829,621 N/A 2,829,621 2,829,621
C1 - VACANT LOTS 10,635,393 N/A 10,635,393 10,635,393
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,860,738 1.2095 5,672,323 6,860,738
D2 - FARM & RANCH IMP 6,036,047 N/A 6,036,047 6,036,047
E - NON-AG LAND AND IMPROVEMENTS 293,807,504 1.0515 279,417,503 293,807,504
F1 - COMMERCIAL REAL 25,618,257 N/A 25,618,257 25,618,257
F2 - INDUSTRIAL REAL 4,157,910 N/A 4,157,910 4,157,910
G - ALL MINERALS 6,961,800 N/A 6,961,800 6,961,800
J - ALL UTILITIES 19,302,960 N/A 19,302,960 19,302,960
L1 - COMMERCIAL PERSONAL 8,048,000 N/A 8,048,000 8,048,000
L2 - INDUSTRIAL PERSONAL 3,516,440 N/A 3,516,440 3,516,440
M1 - MOBILE HOMES 5,923,140 N/A 5,923,140 5,923,140
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 612,133 N/A 612,133 612,133
S - SPECIAL INVENTORY 3,124 N/A 3,124 3,124
Subtotal 707,240,165 0 667,866,221 707,240,165
Less Total Deductions 300,857,623 0 283,420,990 300,857,623
Total Taxable Value 406,382,542 0 384,445,231 406,382,542

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 484,201,672 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 406,382,542 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 484,201,672 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 406,382,542 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 508,981,672 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 525,501,672 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 446,281,390 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 484,201,672 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 406,382,542 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 484,201,672 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 406,382,542 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 508,981,672 T13 plus the loss to the chapter 313 agreement
T16 525,501,672 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 446,281,390 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 77,819,130 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 24,780,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 16,520,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE


Back to top


234-903-02/Edgewood ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 312,927,098 1.0823 289,131,570 312,927,098
B - MULTIFAMILY 2,829,621 N/A 2,829,621 2,829,621
C1 - VACANT LOTS 10,635,393 N/A 10,635,393 10,635,393
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,860,738 1.2095 5,672,323 6,860,738
D2 - FARM & RANCH IMP 6,036,047 N/A 6,036,047 6,036,047
E - NON-AG LAND AND IMPROVEMENTS 293,807,504 1.0515 279,417,503 293,807,504
F1 - COMMERCIAL REAL 25,618,257 N/A 25,618,257 25,618,257
F2 - INDUSTRIAL REAL 4,157,910 N/A 4,157,910 4,157,910
G - ALL MINERALS 6,961,800 N/A 6,961,800 6,961,800
J - ALL UTILITIES 19,302,960 N/A 19,302,960 19,302,960
L1 - COMMERCIAL PERSONAL 8,048,000 N/A 8,048,000 8,048,000
L2 - INDUSTRIAL PERSONAL 3,516,440 N/A 3,516,440 3,516,440
M1 - MOBILE HOMES 5,923,140 N/A 5,923,140 5,923,140
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 612,133 N/A 612,133 612,133
S - SPECIAL INVENTORY 3,124 N/A 3,124 3,124
Subtotal 707,240,165 667,866,221 707,240,165
Less Total Deductions 300,857,623 283,420,990 300,857,623
Total Taxable Value 406,382,542 384,445,231 406,382,542

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 484,201,672 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 406,382,542 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 484,201,672 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 406,382,542 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 508,981,672 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 525,501,672 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 446,281,390 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 484,201,672 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 406,382,542 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 484,201,672 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 406,382,542 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 508,981,672 T13 plus the loss to the chapter 313 agreement
T16 525,501,672 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 446,281,390 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 77,819,130 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 24,780,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 16,520,000 Loss to Second Previous Homestead Increase

Back to top