taxes Property Tax Assistance

2023 ISD Summary Worksheet

234-Van Zandt/Van Zandt County

234-909/Fruitvale ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 72,095,949 1.0871 66,319,519 72,095,949
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,446,343 N/A 2,446,343 2,446,343
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,649,340 1.1878 2,230,437 2,649,340
D2 - FARM & RANCH IMP 1,282,580 N/A 1,282,580 1,282,580
E - NON-AG LAND AND IMPROVEMENTS 80,988,657 1.0870 74,506,584 80,988,657
F1 - COMMERCIAL REAL 2,919,280 N/A 2,919,280 2,919,280
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 23,860 N/A 23,860 23,860
J - ALL UTILITIES 8,803,920 0.9524 9,243,931 8,803,920
L1 - COMMERCIAL PERSONAL 790,640 N/A 790,640 790,640
L2 - INDUSTRIAL PERSONAL 395,470 N/A 395,470 395,470
M1 - MOBILE HOMES 3,168,360 N/A 3,168,360 3,168,360
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 175,564,399 0 163,327,004 175,564,399
Less Total Deductions 85,461,376 0 80,304,474 85,461,376
Total Taxable Value 90,103,023 0 83,022,530 90,103,023

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 111,601,286 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 90,103,023 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 104,923,168 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 83,424,905 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 119,416,286 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 124,626,286 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 92,623,650 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 111,601,286 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 90,103,023 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 104,923,168 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 83,424,905 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 119,416,286 T13 plus the loss to the chapter 313 agreement
T16 124,626,286 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 92,623,650 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 21,498,263 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 6,678,118 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 7,815,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,210,000 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

234-909-02/Fruitvale ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 72,095,949 1.0871 66,319,519 72,095,949
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,446,343 N/A 2,446,343 2,446,343
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,649,340 1.1878 2,230,437 2,649,340
D2 - FARM & RANCH IMP 1,282,580 N/A 1,282,580 1,282,580
E - NON-AG LAND AND IMPROVEMENTS 80,988,657 1.0870 74,506,584 80,988,657
F1 - COMMERCIAL REAL 2,919,280 N/A 2,919,280 2,919,280
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 23,860 N/A 23,860 23,860
J - ALL UTILITIES 8,803,920 0.9524 9,243,931 8,803,920
L1 - COMMERCIAL PERSONAL 790,640 N/A 790,640 790,640
L2 - INDUSTRIAL PERSONAL 395,470 N/A 395,470 395,470
M1 - MOBILE HOMES 3,168,360 N/A 3,168,360 3,168,360
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 175,564,399 163,327,004 175,564,399
Less Total Deductions 85,461,376 80,304,474 85,461,376
Total Taxable Value 90,103,023 83,022,530 90,103,023

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 111,601,286 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 90,103,023 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 104,923,168 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 83,424,905 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 119,416,286 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 124,626,286 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 92,623,650 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 111,601,286 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 90,103,023 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 104,923,168 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 83,424,905 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 119,416,286 T13 plus the loss to the chapter 313 agreement
T16 124,626,286 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 92,623,650 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 21,498,263 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 6,678,118 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 7,815,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,210,000 Loss to Second Previous Homestead Increase