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 317,639,188 .9395 338,093,867 317,639,188
B. Multi-Family Residences 9,850,920 N/A 9,850,920 9,850,920
C1. Vacant Lots 6,729,260 N/A 6,729,260 6,729,260
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,180,700 .9677 9,487,313 9,180,700
D2. Real Prop Farm & Ranch 7,243,760 N/A 7,243,760 7,243,760
E. Real Prop NonQual Acres 239,286,380 .9818 243,722,123 239,286,380
F1. Commercial Real 151,825,040 .9656 157,233,886 151,825,040
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 25,457,410 N/A 25,457,410 25,457,410
L1. Commercial Personal 38,932,269 1.0601 36,725,091 38,932,269
L2. Industrial Personal 13,456,450 N/A 13,456,450 13,456,450
M. Other Personal 4,747,280 N/A 4,747,280 4,747,280
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 372,700 N/A 372,700 372,700
S. Special Inventory 3,560,763 N/A 3,560,763 3,560,763
Subtotal 830,008,585 858,407,288 830,008,585
Less Total Deductions 146,207,382   159,023,697 146,207,382
Total Taxable Value 683,801,203 699,383,591 683,801,203 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
710,275,947 683,801,203 710,275,947 683,801,203


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,474,744 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
710,275,947 683,801,203 710,275,947 683,801,203

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