taxes Property Tax Assistance

2017 ISD Summary Worksheet

234/Van Zandt

234-903/Edgewood ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 109,169,590 .9489 115,048,572 109,169,590
B. Multi-Family Residences 1,826,380 N/A 1,826,380 1,826,380
C1. Vacant Lots 2,416,830 N/A 2,416,830 2,416,830
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,301,060 .9838 4,371,753 4,301,060
D2. Real Prop Farm & Ranch 2,834,250 N/A 2,834,250 2,834,250
E. Real Prop NonQual Acres 120,336,890 .9929 121,197,391 120,336,890
F1. Commercial Real 9,277,958 N/A 9,277,958 9,277,958
F2. Industrial Real 457,432 N/A 457,432 457,432
G. Oil, Gas, Minerals 4,972,665 N/A 4,972,665 4,972,665
J. Utilities 11,361,299 N/A 11,361,299 11,361,299
L1. Commercial Personal 5,400,659 N/A 5,400,659 5,400,659
L2. Industrial Personal 1,712,553 N/A 1,712,553 1,712,553
M. Other Personal 2,370,490 N/A 2,370,490 2,370,490
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 517,490 N/A 517,490 517,490
S. Special Inventory 14,492 N/A 14,492 14,492
Subtotal 276,970,038 283,780,214 276,970,038
Less Total Deductions 57,499,784   61,566,746 57,499,784
Total Taxable Value 219,470,254 222,213,468 219,470,254 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
230,752,813 219,470,254 230,752,813 219,470,254


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,282,559 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
230,752,813 219,470,254 230,752,813 219,470,254

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