taxes Property Tax Assistance

2021 ISD Summary Worksheet

234-Van Zandt /Van Zandt County

234-902/Canton ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	499,504,508	0.9963	501,359,538	499,504,508
B - MULTIFAMILY	11,840,227	N/A	11,840,227	11,840,227
C1 - VACANT LOTS	7,526,056	N/A	7,526,056	7,526,056
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	12,567,200	1.1412	11,011,993	12,567,200
D2 - FARM & RANCH IMP	10,102,180	N/A	10,102,180	10,102,180
E - NON-AG LAND AND IMPROVEMENTS	383,957,852	0.9904	387,679,576	383,957,852
F1 - COMMERCIAL REAL	194,618,144	0.8290	234,762,538	194,618,144
F2 - INDUSTRIAL REAL	4,594,760	N/A	4,594,760	4,594,760
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	47,276,670	N/A	47,276,670	47,276,670
L1 - COMMERCIAL PERSONAL	44,340,013	N/A	44,340,013	44,340,013
L2 - INDUSTRIAL PERSONAL	8,613,240	N/A	8,613,240	8,613,240
M1 - MOBILE HOMES	9,463,037	N/A	9,463,037	9,463,037
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	151,250	N/A	151,250	151,250
S - SPECIAL INVENTORY	4,378,465	N/A	4,378,465	4,378,465
Subtotal	1,238,933,602	0	1,283,099,543	1,238,933,602
Less Total Deductions	227,612,112	0	228,797,289	227,612,112
Total Taxable Value	1,011,321,490	0	1,054,302,254	1,011,321,490

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
1,040,662,034	1,011,321,490	1,040,662,034	1,011,321,490

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
29,340,544	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
1,040,662,034	1,011,321,490	1,040,662,034	1,011,321,490

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	499,504,508	0.9963	501,359,538	499,504,508
B - MULTIFAMILY	11,840,227	N/A	11,840,227	11,840,227
C1 - VACANT LOTS	7,526,056	N/A	7,526,056	7,526,056
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	12,567,200	1.1412	11,011,993	12,567,200
D2 - FARM & RANCH IMP	10,102,180	N/A	10,102,180	10,102,180
E - NON-AG LAND AND IMPROVEMENTS	383,957,852	0.9904	387,679,576	383,957,852
F1 - COMMERCIAL REAL	194,618,144	0.8290	234,762,538	194,618,144
F2 - INDUSTRIAL REAL	4,594,760	N/A	4,594,760	4,594,760
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	47,276,670	N/A	47,276,670	47,276,670
L1 - COMMERCIAL PERSONAL	44,340,013	N/A	44,340,013	44,340,013
L2 - INDUSTRIAL PERSONAL	8,613,240	N/A	8,613,240	8,613,240
M1 - MOBILE HOMES	9,463,037	N/A	9,463,037	9,463,037
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	151,250	N/A	151,250	151,250
S - SPECIAL INVENTORY	4,378,465	N/A	4,378,465	4,378,465
Subtotal	1,238,933,602		1,283,099,543	1,238,933,602
Less Total Deductions	227,612,112		228,797,289	227,612,112
Total Taxable Value	1,011,321,490		1,054,302,254	1,011,321,490

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
1,040,662,034	1,011,321,490	1,040,662,034	1,011,321,490

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
29,340,544	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
1,040,662,034	1,011,321,490	1,040,662,034	1,011,321,490

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