taxes Property Tax Assistance

2024 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 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 786,562,165 N/A 786,562,165 786,562,165
B - MULTIFAMILY 26,057,995 N/A 26,057,995 26,057,995
C1 - VACANT LOTS 25,695,265 N/A 25,695,265 25,695,265
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,206,690 N/A 14,206,690 14,206,690
D2 - FARM & RANCH IMP 10,479,158 N/A 10,479,158 10,479,158
E - NON-AG LAND AND IMPROVEMENTS 641,729,413 N/A 641,729,413 641,729,413
F1 - COMMERCIAL REAL 229,644,161 N/A 229,644,161 229,644,161
F2 - INDUSTRIAL REAL 10,094,898 N/A 10,094,898 10,094,898
G - ALL MINERALS 14,310 N/A 14,310 14,310
J - ALL UTILITIES 53,867,250 N/A 53,867,250 53,867,250
L1 - COMMERCIAL PERSONAL 52,990,330 N/A 52,990,330 52,990,330
L2 - INDUSTRIAL PERSONAL 16,388,900 N/A 16,388,900 16,388,900
M1 - MOBILE HOMES 18,724,296 N/A 18,724,296 18,724,296
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 675,320 N/A 675,320 675,320
S - SPECIAL INVENTORY 6,965,007 N/A 6,965,007 6,965,007
Subtotal 1,894,095,158 0 1,894,095,158 1,894,095,158
Less Total Deductions 671,374,583 0 671,374,583 671,374,583
Total Taxable Value 1,222,720,575 0 1,222,720,575 1,222,720,575

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's office 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 school 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 1,407,606,903 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,222,720,575 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,407,606,903 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,222,720,575 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,464,291,903 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,502,081,903 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,328,832,789 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 1,407,606,903 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,222,720,575 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,407,606,903 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,222,720,575 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,464,291,903 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,502,081,903 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,328,832,789 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 184,886,328 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 56,685,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 37,790,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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234-902-02/Canton ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 786,562,165 N/A 786,562,165 786,562,165
B - MULTIFAMILY 26,057,995 N/A 26,057,995 26,057,995
C1 - VACANT LOTS 25,695,265 N/A 25,695,265 25,695,265
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,206,690 N/A 14,206,690 14,206,690
D2 - FARM & RANCH IMP 10,479,158 N/A 10,479,158 10,479,158
E - NON-AG LAND AND IMPROVEMENTS 641,729,413 N/A 641,729,413 641,729,413
F1 - COMMERCIAL REAL 229,644,161 N/A 229,644,161 229,644,161
F2 - INDUSTRIAL REAL 10,094,898 N/A 10,094,898 10,094,898
G - ALL MINERALS 14,310 N/A 14,310 14,310
J - ALL UTILITIES 53,867,250 N/A 53,867,250 53,867,250
L1 - COMMERCIAL PERSONAL 52,990,330 N/A 52,990,330 52,990,330
L2 - INDUSTRIAL PERSONAL 16,388,900 N/A 16,388,900 16,388,900
M1 - MOBILE HOMES 18,724,296 N/A 18,724,296 18,724,296
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 675,320 N/A 675,320 675,320
S - SPECIAL INVENTORY 6,965,007 N/A 6,965,007 6,965,007
Subtotal 1,894,095,158 1,894,095,158 1,894,095,158
Less Total Deductions 671,374,583 671,374,583 671,374,583
Total Taxable Value 1,222,720,575 1,222,720,575 1,222,720,575

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's office 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 school 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 1,407,606,903 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,222,720,575 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,407,606,903 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,222,720,575 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,464,291,903 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,502,081,903 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,328,832,789 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 1,407,606,903 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,222,720,575 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,407,606,903 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,222,720,575 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,464,291,903 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,502,081,903 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,328,832,789 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 184,886,328 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 56,685,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 37,790,000 Loss to the third most recent increase in the state-mandated homestead exemption

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