taxes Property Tax Assistance

2017 ISD Summary Worksheet

234/Van Zandt

234-902/Canton ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 316,366,515 .9395 336,739,239 316,366,515
B. Multi-Family Residences 9,850,920 N/A 9,850,920 9,850,920
C1. Vacant Lots 6,674,150 N/A 6,674,150 6,674,150
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,175,350 .9678 9,480,142 9,175,350
D2. Real Prop Farm & Ranch 8,003,480 N/A 8,003,480 8,003,480
E. Real Prop NonQual Acres 239,275,380 .9818 243,710,919 239,275,380
F1. Commercial Real 152,618,389 .9656 158,055,498 152,618,389
F2. Industrial Real 995,852 N/A 995,852 995,852
G. Oil, Gas, Minerals 730,613 N/A 730,613 730,613
J. Utilities 25,275,179 N/A 25,275,179 25,275,179
L1. Commercial Personal 38,884,169 1.0601 36,679,718 38,884,169
L2. Industrial Personal 13,320,294 N/A 13,320,294 13,320,294
M. Other Personal 4,684,067 N/A 4,684,067 4,684,067
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 368,450 N/A 368,450 368,450
S. Special Inventory 2,879,432 N/A 2,879,432 2,879,432
Subtotal 829,102,240 857,447,953 829,102,240
Less Total Deductions 147,432,092   159,874,909 147,432,092
Total Taxable Value 681,670,148 697,573,044 681,670,148 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
708,417,312 681,670,148 708,417,312 681,670,148


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,747,164 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
708,417,312 681,670,148 708,417,312 681,670,148

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