taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

234/Van Zandt

234-904/Grand Saline ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 97,416,620 .9794 99,465,612 97,416,620
B. Multi-Family Residences 1,568,550 N/A 1,568,550 1,568,550
C1. Vacant Lots 1,891,030 N/A 1,891,030 1,891,030
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,138,190 1.3378 4,588,187 6,138,190
D2. Real Prop Farm & Ranch 2,585,330 N/A 2,585,330 2,585,330
E. Real Prop NonQual Acres 105,949,580 .9652 109,769,561 105,949,580
F1. Commercial Real 14,935,790 .7268 20,550,069 14,935,790
F2. Industrial Real 1,695,360 N/A 1,695,360 1,695,360
G. Oil, Gas, Minerals 4,820,350 N/A 4,820,350 4,820,350
J. Utilities 17,621,784 .9879 17,837,619 17,621,784
L1. Commercial Personal 7,801,720 N/A 7,801,720 7,801,720
L2. Industrial Personal 38,977,080 N/A 38,977,080 38,977,080
M. Other Personal 1,941,930 N/A 1,941,930 1,941,930
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 39,610 N/A 39,610 39,610
S. Special Inventory 252,220 N/A 252,220 252,220
Subtotal 303,635,144 313,784,228 303,635,144
Less Total Deductions 68,687,211   70,039,498 68,687,211
Total Taxable Value 234,947,933 243,744,730 234,947,933 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
248,611,517 234,947,933 235,502,871 221,839,287


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,663,584 13,108,646


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
248,611,517 234,947,933 235,502,871 221,839,287

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