taxes Property Tax Assistance

2018 ISD Summary Worksheet

234/Van Zandt

234-909/Fruitvale ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 25,554,584 N/A 25,554,584 25,554,584
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 483,810 N/A 483,810 483,810
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,738,700 N/A 1,738,700 1,738,700
D2. Real Prop Farm & Ranch 747,180 N/A 747,180 747,180
E. Real Prop NonQual Acres 35,218,681 N/A 35,218,681 35,218,681
F1. Commercial Real 895,340 N/A 895,340 895,340
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 100,025 N/A 100,025 100,025
J. Utilities 5,967,183 N/A 5,967,183 5,967,183
L1. Commercial Personal 447,270 N/A 447,270 447,270
L2. Industrial Personal 144,407 N/A 144,407 144,407
M. Other Personal 880,470 N/A 880,470 880,470
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 72,177,650 72,177,650 72,177,650
Less Total Deductions 20,854,201   20,854,201 20,854,201
Total Taxable Value 51,323,449 51,323,449 51,323,449 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
54,821,153 51,323,449 50,937,505 47,439,801


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,497,704 3,883,648


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
54,821,153 51,323,449 50,937,505 47,439,801

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