taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

234/Van Zandt

234-902/Canton ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 283,462,570 .9717 291,718,195 283,462,570
B. Multi-Family Residences 6,607,100 N/A 6,607,100 6,607,100
C1. Vacant Lots 6,920,960 N/A 6,920,960 6,920,960
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,369,410 1.2729 7,360,528 9,369,410
D2. Real Prop Farm & Ranch 7,669,260 N/A 7,669,260 7,669,260
E. Real Prop NonQual Acres 211,910,540 .9423 224,886,491 211,910,540
F1. Commercial Real 139,596,140 .6719 207,763,268 139,596,140
F2. Industrial Real 1,278,430 N/A 1,278,430 1,278,430
G. Oil, Gas, Minerals 1,951,772 N/A 1,951,772 1,951,772
J. Utilities 24,738,516 N/A 24,738,516 24,738,516
L1. Commercial Personal 36,807,650 N/A 36,807,650 36,807,650
L2. Industrial Personal 9,107,184 N/A 9,107,184 9,107,184
M. Other Personal 4,058,050 N/A 4,058,050 4,058,050
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 845,870 N/A 845,870 845,870
S. Special Inventory 2,795,790 N/A 2,795,790 2,795,790
Subtotal 747,119,242 834,509,064 747,119,242
Less Total Deductions 130,448,351   135,300,162 130,448,351
Total Taxable Value 616,670,891 699,208,902 616,670,891 T2

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

T1 T2 T3 T4
643,611,469 616,670,891 643,611,469 616,670,891


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,940,578 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
643,611,469 616,670,891 643,611,469 616,670,891

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified