taxes Property Tax Assistance

2020 ISD Summary Worksheet

234-Van Zandt

234-902/Canton ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 442,603,205 N/A 442,603,205 442,603,205
B - MULTIFAMILY 10,926,460 N/A 10,926,460 10,926,460
C1 - VACANT LOTS 7,136,740 N/A 7,136,740 7,136,740
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,191,692 N/A 11,191,692 11,191,692
D2 - FARM & RANCH IMP 6,019,190 N/A 6,019,190 6,019,190
E - NON-AG LAND AND IMPROVEMENTS 350,659,548 N/A 350,659,548 350,659,548
F1 - COMMERCIAL REAL 171,105,265 N/A 171,105,265 171,105,265
F2 - INDUSTRIAL REAL 997,610 N/A 997,610 997,610
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 35,560,344 N/A 35,560,344 35,560,344
L1 - COMMERCIAL PERSONAL 46,179,420 N/A 46,179,420 46,179,420
L2 - INDUSTRIAL PERSONAL 13,095,963 N/A 13,095,963 13,095,963
M1 - MOBILE HOMES 7,444,380 N/A 7,444,380 7,444,380
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 317,060 N/A 317,060 317,060
S - SPECIAL INVENTORY 3,453,603 N/A 3,453,603 3,453,603
Subtotal 1,106,690,480 0 1,106,690,480 1,106,690,480
Less Total Deductions 208,441,517 0 208,441,517 208,441,517
Total Taxable Value 898,248,963 0 898,248,963 898,248,963

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
926,807,930 898,248,963 926,807,930 898,248,963


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
28,558,967 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
926,807,930 898,248,963 926,807,930 898,248,963

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

234-902-02/Canton ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 442,603,205 N/A 442,603,205 442,603,205
B - MULTIFAMILY 10,926,460 N/A 10,926,460 10,926,460
C1 - VACANT LOTS 7,136,740 N/A 7,136,740 7,136,740
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,191,692 N/A 11,191,692 11,191,692
D2 - FARM & RANCH IMP 6,019,190 N/A 6,019,190 6,019,190
E - NON-AG LAND AND IMPROVEMENTS 350,659,548 N/A 350,659,548 350,659,548
F1 - COMMERCIAL REAL 171,105,265 N/A 171,105,265 171,105,265
F2 - INDUSTRIAL REAL 997,610 N/A 997,610 997,610
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 35,560,344 N/A 35,560,344 35,560,344
L1 - COMMERCIAL PERSONAL 46,179,420 N/A 46,179,420 46,179,420
L2 - INDUSTRIAL PERSONAL 13,095,963 N/A 13,095,963 13,095,963
M1 - MOBILE HOMES 7,444,380 N/A 7,444,380 7,444,380
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 317,060 N/A 317,060 317,060
S - SPECIAL INVENTORY 3,453,603 N/A 3,453,603 3,453,603
Subtotal 1,106,690,480 1,106,690,480 1,106,690,480
Less Total Deductions 208,441,517 208,441,517 208,441,517
Total Taxable Value 898,248,963 898,248,963 898,248,963

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
926,807,930 898,248,963 926,807,930 898,248,963


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
28,558,967 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
926,807,930 898,248,963 926,807,930 898,248,963

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