taxes Property Tax Assistance

2020 ISD Summary Worksheet

234-Van Zandt /Van Zandt County

234-902/Canton ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	442,261,940	N/A	442,261,940	442,261,940
B - MULTIFAMILY	10,787,719	N/A	10,787,719	10,787,719
C1 - VACANT LOTS	7,019,580	N/A	7,019,580	7,019,580
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,584,150	N/A	10,584,150	10,584,150
D2 - FARM & RANCH IMP	7,698,800	N/A	7,698,800	7,698,800
E - NON-AG LAND AND IMPROVEMENTS	349,985,423	N/A	349,985,423	349,985,423
F1 - COMMERCIAL REAL	169,917,458	N/A	169,917,458	169,917,458
F2 - INDUSTRIAL REAL	997,610	N/A	997,610	997,610
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	34,995,765	N/A	34,995,765	34,995,765
L1 - COMMERCIAL PERSONAL	45,200,544	N/A	45,200,544	45,200,544
L2 - INDUSTRIAL PERSONAL	13,095,963	N/A	13,095,963	13,095,963
M1 - MOBILE HOMES	7,475,120	N/A	7,475,120	7,475,120
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	374,900	N/A	374,900	374,900
S - SPECIAL INVENTORY	3,621,657	N/A	3,621,657	3,621,657
Subtotal	1,104,016,629	0	1,104,016,629	1,104,016,629
Less Total Deductions	210,432,593	0	210,432,593	210,432,593
Total Taxable Value	893,584,036	0	893,584,036	893,584,036

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
922,476,739	893,584,036	922,476,739	893,584,036

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
28,892,703	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
922,476,739	893,584,036	922,476,739	893,584,036

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	442,261,940	N/A	442,261,940	442,261,940
B - MULTIFAMILY	10,787,719	N/A	10,787,719	10,787,719
C1 - VACANT LOTS	7,019,580	N/A	7,019,580	7,019,580
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,584,150	N/A	10,584,150	10,584,150
D2 - FARM & RANCH IMP	7,698,800	N/A	7,698,800	7,698,800
E - NON-AG LAND AND IMPROVEMENTS	349,985,423	N/A	349,985,423	349,985,423
F1 - COMMERCIAL REAL	169,917,458	N/A	169,917,458	169,917,458
F2 - INDUSTRIAL REAL	997,610	N/A	997,610	997,610
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	34,995,765	N/A	34,995,765	34,995,765
L1 - COMMERCIAL PERSONAL	45,200,544	N/A	45,200,544	45,200,544
L2 - INDUSTRIAL PERSONAL	13,095,963	N/A	13,095,963	13,095,963
M1 - MOBILE HOMES	7,475,120	N/A	7,475,120	7,475,120
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	374,900	N/A	374,900	374,900
S - SPECIAL INVENTORY	3,621,657	N/A	3,621,657	3,621,657
Subtotal	1,104,016,629		1,104,016,629	1,104,016,629
Less Total Deductions	210,432,593		210,432,593	210,432,593
Total Taxable Value	893,584,036		893,584,036	893,584,036

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
922,476,739	893,584,036	922,476,739	893,584,036

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
28,892,703	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
922,476,739	893,584,036	922,476,739	893,584,036

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