taxes Property Tax Assistance

2024 ISD Summary Worksheet

Grand Saline ISD (all splits)   Van Zandt County  

234-Van Zandt/Van Zandt County

234-904/Grand Saline ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 280,043,303 N/A 280,043,303 280,043,303
B - MULTIFAMILY 4,541,757 N/A 4,541,757 4,541,757
C1 - VACANT LOTS 7,987,210 N/A 7,987,210 7,987,210
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,011,780 N/A 9,011,780 9,011,780
D2 - FARM & RANCH IMP 5,359,556 N/A 5,359,556 5,359,556
E - NON-AG LAND AND IMPROVEMENTS 330,266,400 N/A 330,266,400 330,266,400
F1 - COMMERCIAL REAL 38,077,728 N/A 38,077,728 38,077,728
F2 - INDUSTRIAL REAL 6,077,230 N/A 6,077,230 6,077,230
G - ALL MINERALS 2,698,620 N/A 2,698,620 2,698,620
J - ALL UTILITIES 29,517,060 N/A 29,517,060 29,517,060
L1 - COMMERCIAL PERSONAL 10,108,568 N/A 10,108,568 10,108,568
L2 - INDUSTRIAL PERSONAL 56,789,570 N/A 56,789,570 56,789,570
M1 - MOBILE HOMES 8,467,707 N/A 8,467,707 8,467,707
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 91,500 N/A 91,500 91,500
S - SPECIAL INVENTORY 139,853 N/A 139,853 139,853
Subtotal 789,177,842 0 789,177,842 789,177,842
Less Total Deductions 309,614,940 0 309,614,940 309,614,940
Total Taxable Value 479,562,902 0 479,562,902 479,562,902

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 567,165,717 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 479,562,902 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 535,748,108 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 448,145,293 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 595,215,717 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 613,915,717 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 507,875,997 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 567,165,717 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 479,562,902 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 535,748,108 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 448,145,293 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 595,215,717 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 613,915,717 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 507,875,997 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 87,602,815 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 31,417,609 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 28,050,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 18,700,000 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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234-904-02/Grand Saline ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 280,043,303 N/A 280,043,303 280,043,303
B - MULTIFAMILY 4,541,757 N/A 4,541,757 4,541,757
C1 - VACANT LOTS 7,987,210 N/A 7,987,210 7,987,210
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,011,780 N/A 9,011,780 9,011,780
D2 - FARM & RANCH IMP 5,359,556 N/A 5,359,556 5,359,556
E - NON-AG LAND AND IMPROVEMENTS 330,266,400 N/A 330,266,400 330,266,400
F1 - COMMERCIAL REAL 38,077,728 N/A 38,077,728 38,077,728
F2 - INDUSTRIAL REAL 6,077,230 N/A 6,077,230 6,077,230
G - ALL MINERALS 2,698,620 N/A 2,698,620 2,698,620
J - ALL UTILITIES 29,517,060 N/A 29,517,060 29,517,060
L1 - COMMERCIAL PERSONAL 10,108,568 N/A 10,108,568 10,108,568
L2 - INDUSTRIAL PERSONAL 56,789,570 N/A 56,789,570 56,789,570
M1 - MOBILE HOMES 8,467,707 N/A 8,467,707 8,467,707
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 91,500 N/A 91,500 91,500
S - SPECIAL INVENTORY 139,853 N/A 139,853 139,853
Subtotal 789,177,842 789,177,842 789,177,842
Less Total Deductions 309,614,940 309,614,940 309,614,940
Total Taxable Value 479,562,902 479,562,902 479,562,902

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 567,165,717 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 479,562,902 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 535,748,108 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 448,145,293 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 595,215,717 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 613,915,717 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 507,875,997 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 567,165,717 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 479,562,902 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 535,748,108 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 448,145,293 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 595,215,717 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 613,915,717 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 507,875,997 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 87,602,815 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 31,417,609 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 28,050,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 18,700,000 Loss to the third most recent increase in the state-mandated homestead exemption

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