taxes Property Tax Assistance

2017 ISD Summary Worksheet

234/Van Zandt

234-904/Grand Saline ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 104,161,680 .9669 107,727,459 104,161,680
B. Multi-Family Residences 2,252,840 N/A 2,252,840 2,252,840
C1. Vacant Lots 1,852,450 N/A 1,852,450 1,852,450
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,943,620 1.0161 5,849,608 5,943,620
D2. Real Prop Farm & Ranch 2,735,570 N/A 2,735,570 2,735,570
E. Real Prop NonQual Acres 120,866,180 .9562 126,402,615 120,866,180
F1. Commercial Real 16,496,820 .8138 20,271,344 16,496,820
F2. Industrial Real 733,139 N/A 733,139 733,139
G. Oil, Gas, Minerals 2,701,670 N/A 2,701,670 2,701,670
J. Utilities 17,599,864 1.0366 16,978,453 17,599,864
L1. Commercial Personal 7,116,662 N/A 7,116,662 7,116,662
L2. Industrial Personal 40,054,304 N/A 40,054,304 40,054,304
M. Other Personal 2,016,730 N/A 2,016,730 2,016,730
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 38,530 N/A 38,530 38,530
S. Special Inventory 223,739 N/A 223,739 223,739
Subtotal 324,793,798 336,955,113 324,793,798
Less Total Deductions 73,517,982   75,965,339 73,517,982
Total Taxable Value 251,275,816 260,989,774 251,275,816 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
264,731,266 251,275,816 250,405,676 236,950,226


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,455,450 14,325,590


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
264,731,266 251,275,816 250,405,676 236,950,226

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