taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

234/Van Zandt

234-903/Edgewood ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 97,568,650 .9833 99,225,720 97,568,650
B. Multi-Family Residences 1,261,400 N/A 1,261,400 1,261,400
C1. Vacant Lots 2,467,250 N/A 2,467,250 2,467,250
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,378,690 1.2966 3,377,156 4,378,690
D2. Real Prop Farm & Ranch 2,446,150 N/A 2,446,150 2,446,150
E. Real Prop NonQual Acres 105,765,300 .9354 113,069,596 105,765,300
F1. Commercial Real 8,078,880 N/A 8,078,880 8,078,880
F2. Industrial Real 367,090 N/A 367,090 367,090
G. Oil, Gas, Minerals 14,184,836 1.0406 13,631,401 14,184,836
J. Utilities 10,600,054 N/A 10,600,054 10,600,054
L1. Commercial Personal 6,652,630 N/A 6,652,630 6,652,630
L2. Industrial Personal 2,372,007 N/A 2,372,007 2,372,007
M. Other Personal 2,246,680 N/A 2,246,680 2,246,680
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 531,100 N/A 531,100 531,100
S. Special Inventory 33,520 N/A 33,520 33,520
Subtotal 258,954,237 266,360,634 258,954,237
Less Total Deductions 51,115,896   52,208,827 51,115,896
Total Taxable Value 207,838,341 214,151,807 207,838,341 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
218,858,110 207,838,341 218,858,110 207,838,341


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,019,769 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
218,858,110 207,838,341 218,858,110 207,838,341

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