taxes Property Tax Assistance

2020 ISD Summary Worksheet

234-Van Zandt

234-903/Edgewood ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 159,131,193 0.9967 159,658,065 159,131,193
B - MULTIFAMILY 1,792,840 N/A 1,792,840 1,792,840
C1 - VACANT LOTS 2,965,061 N/A 2,965,061 2,965,061
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,124,438 0.9498 5,395,241 5,124,438
D2 - FARM & RANCH IMP 2,880,720 N/A 2,880,720 2,880,720
E - NON-AG LAND AND IMPROVEMENTS 165,919,481 0.9899 167,612,366 165,919,481
F1 - COMMERCIAL REAL 14,553,760 N/A 14,553,760 14,553,760
F2 - INDUSTRIAL REAL 535,885 N/A 535,885 535,885
G - ALL MINERALS 14,166,969 N/A 14,166,969 14,166,969
J - ALL UTILITIES 13,086,283 N/A 13,086,283 13,086,283
L1 - COMMERCIAL PERSONAL 6,450,970 N/A 6,450,970 6,450,970
L2 - INDUSTRIAL PERSONAL 2,147,337 N/A 2,147,337 2,147,337
M1 - MOBILE HOMES 4,311,300 N/A 4,311,300 4,311,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,393,080 N/A 1,393,080 1,393,080
S - SPECIAL INVENTORY 8,911 N/A 8,911 8,911
Subtotal 394,468,228 0 396,958,788 394,468,228
Less Total Deductions 83,226,635 0 83,597,906 83,226,635
Total Taxable Value 311,241,593 0 313,360,882 311,241,593

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
323,392,887 311,241,593 323,392,887 311,241,593


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,151,294 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
323,392,887 311,241,593 323,392,887 311,241,593

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

234-903-02/Edgewood ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 159,131,193 0.9967 159,658,065 159,131,193
B - MULTIFAMILY 1,792,840 N/A 1,792,840 1,792,840
C1 - VACANT LOTS 2,965,061 N/A 2,965,061 2,965,061
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,124,438 0.9498 5,395,241 5,124,438
D2 - FARM & RANCH IMP 2,880,720 N/A 2,880,720 2,880,720
E - NON-AG LAND AND IMPROVEMENTS 165,919,481 0.9899 167,612,366 165,919,481
F1 - COMMERCIAL REAL 14,553,760 N/A 14,553,760 14,553,760
F2 - INDUSTRIAL REAL 535,885 N/A 535,885 535,885
G - ALL MINERALS 14,166,969 N/A 14,166,969 14,166,969
J - ALL UTILITIES 13,086,283 N/A 13,086,283 13,086,283
L1 - COMMERCIAL PERSONAL 6,450,970 N/A 6,450,970 6,450,970
L2 - INDUSTRIAL PERSONAL 2,147,337 N/A 2,147,337 2,147,337
M1 - MOBILE HOMES 4,311,300 N/A 4,311,300 4,311,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,393,080 N/A 1,393,080 1,393,080
S - SPECIAL INVENTORY 8,911 N/A 8,911 8,911
Subtotal 394,468,228 396,958,788 394,468,228
Less Total Deductions 83,226,635 83,597,906 83,226,635
Total Taxable Value 311,241,593 313,360,882 311,241,593

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
323,392,887 311,241,593 323,392,887 311,241,593


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,151,294 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
323,392,887 311,241,593 323,392,887 311,241,593

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