taxes Property Tax Assistance

2023 ISD Summary Worksheet

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 316,705,864 1.0974 288,596,559 316,705,864
B - MULTIFAMILY 3,065,151 N/A 3,065,151 3,065,151
C1 - VACANT LOTS 10,635,455 N/A 10,635,455 10,635,455
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,856,108 1.2099 5,666,547 6,856,108
D2 - FARM & RANCH IMP 4,271,472 N/A 4,271,472 4,271,472
E - NON-AG LAND AND IMPROVEMENTS 297,922,314 1.0542 282,605,117 297,922,314
F1 - COMMERCIAL REAL 25,832,210 N/A 25,832,210 25,832,210
F2 - INDUSTRIAL REAL 4,157,910 N/A 4,157,910 4,157,910
G - ALL MINERALS 6,902,420 N/A 6,902,420 6,902,420
J - ALL UTILITIES 19,302,420 N/A 19,302,420 19,302,420
L1 - COMMERCIAL PERSONAL 8,152,680 N/A 8,152,680 8,152,680
L2 - INDUSTRIAL PERSONAL 3,515,020 N/A 3,515,020 3,515,020
M1 - MOBILE HOMES 6,076,270 N/A 6,076,270 6,076,270
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 618,140 N/A 618,140 618,140
S - SPECIAL INVENTORY 172,093 N/A 172,093 172,093
Subtotal 714,185,527 0 669,569,464 714,185,527
Less Total Deductions 296,285,375 0 276,291,654 296,285,375
Total Taxable Value 417,900,152 0 393,277,810 417,900,152

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 493,956,608 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 417,900,152 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 493,956,608 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 417,900,152 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 517,551,608 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 533,281,608 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 431,940,855 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 493,956,608 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 417,900,152 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 493,956,608 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 417,900,152 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 517,551,608 T13 plus the loss to the chapter 313 agreement
T16 533,281,608 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 431,940,855 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 76,056,456 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 23,595,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 15,730,000 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

234-903-02/Edgewood ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 316,705,864 1.0974 288,596,559 316,705,864
B - MULTIFAMILY 3,065,151 N/A 3,065,151 3,065,151
C1 - VACANT LOTS 10,635,455 N/A 10,635,455 10,635,455
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,856,108 1.2099 5,666,547 6,856,108
D2 - FARM & RANCH IMP 4,271,472 N/A 4,271,472 4,271,472
E - NON-AG LAND AND IMPROVEMENTS 297,922,314 1.0542 282,605,117 297,922,314
F1 - COMMERCIAL REAL 25,832,210 N/A 25,832,210 25,832,210
F2 - INDUSTRIAL REAL 4,157,910 N/A 4,157,910 4,157,910
G - ALL MINERALS 6,902,420 N/A 6,902,420 6,902,420
J - ALL UTILITIES 19,302,420 N/A 19,302,420 19,302,420
L1 - COMMERCIAL PERSONAL 8,152,680 N/A 8,152,680 8,152,680
L2 - INDUSTRIAL PERSONAL 3,515,020 N/A 3,515,020 3,515,020
M1 - MOBILE HOMES 6,076,270 N/A 6,076,270 6,076,270
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 618,140 N/A 618,140 618,140
S - SPECIAL INVENTORY 172,093 N/A 172,093 172,093
Subtotal 714,185,527 669,569,464 714,185,527
Less Total Deductions 296,285,375 276,291,654 296,285,375
Total Taxable Value 417,900,152 393,277,810 417,900,152

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 493,956,608 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 417,900,152 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 493,956,608 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 417,900,152 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 517,551,608 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 533,281,608 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 431,940,855 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 493,956,608 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 417,900,152 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 493,956,608 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 417,900,152 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 517,551,608 T13 plus the loss to the chapter 313 agreement
T16 533,281,608 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 431,940,855 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 76,056,456 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 23,595,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 15,730,000 Loss to Second Previous Homestead Increase