taxes Property Tax Assistance

2018 ISD Summary Worksheet

234/Van Zandt

234-902/Canton ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 343,256,332 N/A 343,256,332 343,256,332
B. Multi-Family Residences 9,673,580 N/A 9,673,580 9,673,580
C1. Vacant Lots 6,599,240 N/A 6,599,240 6,599,240
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,536,500 N/A 9,536,500 9,536,500
D2. Real Prop Farm & Ranch 7,401,640 N/A 7,401,640 7,401,640
E. Real Prop NonQual Acres 265,486,658 N/A 265,486,658 265,486,658
F1. Commercial Real 153,702,888 N/A 153,702,888 153,702,888
F2. Industrial Real 828,339 N/A 828,339 828,339
G. Oil, Gas, Minerals 17,249 N/A 17,249 17,249
J. Utilities 27,087,060 N/A 27,087,060 27,087,060
L1. Commercial Personal 39,585,797 N/A 39,585,797 39,585,797
L2. Industrial Personal 13,599,085 N/A 13,599,085 13,599,085
M. Other Personal 4,712,350 N/A 4,712,350 4,712,350
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 418,470 N/A 418,470 418,470
S. Special Inventory 3,360,827 N/A 3,360,827 3,360,827
Subtotal 885,266,015 885,266,015 885,266,015
Less Total Deductions 160,002,113   160,002,113 160,002,113
Total Taxable Value 725,263,902 725,263,902 725,263,902 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
752,548,176 725,263,902 752,548,176 725,263,902


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
27,284,274 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
752,548,176 725,263,902 752,548,176 725,263,902

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