taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

234/Van Zandt

234-909/Fruitvale ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 22,932,590 .9663 23,732,371 22,932,590
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 477,670 N/A 477,670 477,670
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,763,580 1.3573 1,299,290 1,763,580
D2. Real Prop Farm & Ranch 742,230 N/A 742,230 742,230
E. Real Prop NonQual Acres 27,831,940 1.0304 27,010,811 27,831,940
F1. Commercial Real 659,040 N/A 659,040 659,040
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 3,221,325 1.0134 3,178,730 3,221,325
J. Utilities 6,030,465 .9898 6,092,610 6,030,465
L1. Commercial Personal 535,950 N/A 535,950 535,950
L2. Industrial Personal 251,225 N/A 251,225 251,225
M. Other Personal 664,240 N/A 664,240 664,240
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 65,110,255 64,644,167 65,110,255
Less Total Deductions 17,477,920   18,043,002 17,477,920
Total Taxable Value 47,632,335 46,601,165 47,632,335 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
51,053,193 47,632,335 47,948,164 44,527,306


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,420,858 3,105,029


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
51,053,193 47,632,335 47,948,164 44,527,306

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