taxes Property Tax Assistance

2016 ISD Summary Worksheet

234/Van Zandt

234-902/Canton ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 295,014,620 N/A 295,014,620 295,014,620
B. Multi-Family Residences 9,039,220 N/A 9,039,220 9,039,220
C1. Vacant Lots 6,408,530 N/A 6,408,530 6,408,530
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,208,370 N/A 9,208,370 9,208,370
D2. Real Prop Farm & Ranch 8,489,560 N/A 8,489,560 8,489,560
E. Real Prop NonQual Acres 231,186,210 N/A 231,186,210 231,186,210
F1. Commercial Real 150,923,071 N/A 150,923,071 150,923,071
F2. Industrial Real 784,400 N/A 784,400 784,400
G. Oil, Gas, Minerals 1,472,414 N/A 1,472,414 1,472,414
J. Utilities 23,695,806 N/A 23,695,806 23,695,806
L1. Commercial Personal 39,418,915 N/A 39,418,915 39,418,915
L2. Industrial Personal 12,621,328 N/A 12,621,328 12,621,328
M. Other Personal 4,295,710 N/A 4,295,710 4,295,710
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 366,130 N/A 366,130 366,130
S. Special Inventory 2,448,760 N/A 2,448,760 2,448,760
Subtotal 795,373,044 795,373,044 795,373,044
Less Total Deductions 140,579,274   140,579,274 140,579,274
Total Taxable Value 654,793,770 654,793,770 654,793,770 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
681,929,532 654,793,770 681,929,532 654,793,770


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
27,135,762 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
681,929,532 654,793,770 681,929,532 654,793,770

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