taxes Property Tax Assistance

2022 ISD Summary Worksheet

234-Van Zandt /Van Zandt County

234-903/Edgewood ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	244,913,345	N/A	244,913,345	244,913,345
B - MULTIFAMILY	2,542,038	N/A	2,542,038	2,542,038
C1 - VACANT LOTS	9,130,421	N/A	9,130,421	9,130,421
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,346,730	N/A	6,346,730	6,346,730
D2 - FARM & RANCH IMP	4,347,260	N/A	4,347,260	4,347,260
E - NON-AG LAND AND IMPROVEMENTS	245,749,533	N/A	245,749,533	245,749,533
F1 - COMMERCIAL REAL	23,411,635	N/A	23,411,635	23,411,635
F2 - INDUSTRIAL REAL	3,144,370	N/A	3,144,370	3,144,370
G - ALL MINERALS	11,197,660	N/A	11,197,660	11,197,660
J - ALL UTILITIES	16,100,000	N/A	16,100,000	16,100,000
L1 - COMMERCIAL PERSONAL	7,218,050	N/A	7,218,050	7,218,050
L2 - INDUSTRIAL PERSONAL	2,672,510	N/A	2,672,510	2,672,510
M1 - MOBILE HOMES	4,649,700	N/A	4,649,700	4,649,700
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	879,950	N/A	879,950	879,950
S - SPECIAL INVENTORY	3,124	N/A	3,124	3,124
Subtotal	582,306,326	0	582,306,326	582,306,326
Less Total Deductions	156,633,137	0	156,633,137	156,633,137
Total Taxable Value	425,673,189	0	425,673,189	425,673,189

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	T13
444,155,105	425,673,189	444,155,105	425,673,189	459,105,105

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
18,481,916	0	14,950,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
444,155,105	425,673,189	444,155,105	425,673,189	459,105,105

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

234-903-02/Edgewood ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	244,913,345	N/A	244,913,345	244,913,345
B - MULTIFAMILY	2,542,038	N/A	2,542,038	2,542,038
C1 - VACANT LOTS	9,130,421	N/A	9,130,421	9,130,421
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,346,730	N/A	6,346,730	6,346,730
D2 - FARM & RANCH IMP	4,347,260	N/A	4,347,260	4,347,260
E - NON-AG LAND AND IMPROVEMENTS	245,749,533	N/A	245,749,533	245,749,533
F1 - COMMERCIAL REAL	23,411,635	N/A	23,411,635	23,411,635
F2 - INDUSTRIAL REAL	3,144,370	N/A	3,144,370	3,144,370
G - ALL MINERALS	11,197,660	N/A	11,197,660	11,197,660
J - ALL UTILITIES	16,100,000	N/A	16,100,000	16,100,000
L1 - COMMERCIAL PERSONAL	7,218,050	N/A	7,218,050	7,218,050
L2 - INDUSTRIAL PERSONAL	2,672,510	N/A	2,672,510	2,672,510
M1 - MOBILE HOMES	4,649,700	N/A	4,649,700	4,649,700
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	879,950	N/A	879,950	879,950
S - SPECIAL INVENTORY	3,124	N/A	3,124	3,124
Subtotal	582,306,326		582,306,326	582,306,326
Less Total Deductions	156,633,137		156,633,137	156,633,137
Total Taxable Value	425,673,189		425,673,189	425,673,189

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	T13
444,155,105	425,673,189	444,155,105	425,673,189	459,105,105

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
18,481,916	0	14,950,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
444,155,105	425,673,189	444,155,105	425,673,189	459,105,105

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement