taxes Property Tax Assistance

2016 ISD Summary Worksheet

234/Van Zandt

234-904/Grand Saline ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 100,771,860 N/A 100,771,860 100,771,860
B. Multi-Family Residences 1,528,150 N/A 1,528,150 1,528,150
C1. Vacant Lots 1,860,900 N/A 1,860,900 1,860,900
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,986,980 N/A 5,986,980 5,986,980
D2. Real Prop Farm & Ranch 3,183,450 N/A 3,183,450 3,183,450
E. Real Prop NonQual Acres 110,707,790 N/A 110,707,790 110,707,790
F1. Commercial Real 17,674,140 N/A 17,674,140 17,674,140
F2. Industrial Real 833,330 N/A 833,330 833,330
G. Oil, Gas, Minerals 4,461,438 N/A 4,461,438 4,461,438
J. Utilities 17,891,332 N/A 17,891,332 17,891,332
L1. Commercial Personal 7,098,681 N/A 7,098,681 7,098,681
L2. Industrial Personal 39,643,688 N/A 39,643,688 39,643,688
M. Other Personal 2,035,010 N/A 2,035,010 2,035,010
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 38,530 N/A 38,530 38,530
S. Special Inventory 265,270 N/A 265,270 265,270
Subtotal 313,980,549 313,980,549 313,980,549
Less Total Deductions 70,025,116   70,025,116 70,025,116
Total Taxable Value 243,955,433 243,955,433 243,955,433 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
257,401,863 243,955,433 243,794,368 230,347,938


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,446,430 13,607,495


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
257,401,863 243,955,433 243,794,368 230,347,938

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