taxes Property Tax Assistance

2021 ISD Summary Worksheet

234-Van Zandt /Van Zandt County

234-909/Fruitvale ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	39,804,120	1.0029	39,689,022	39,804,120
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	618,120	N/A	618,120	618,120
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,408,890	1.1080	2,174,148	2,408,890
D2 - FARM & RANCH IMP	1,038,730	N/A	1,038,730	1,038,730
E - NON-AG LAND AND IMPROVEMENTS	48,655,662	0.9290	52,374,233	48,655,662
F1 - COMMERCIAL REAL	1,648,860	N/A	1,648,860	1,648,860
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	10,680	N/A	10,680	10,680
J - ALL UTILITIES	7,210,140	0.9542	7,556,215	7,210,140
L1 - COMMERCIAL PERSONAL	575,450	N/A	575,450	575,450
L2 - INDUSTRIAL PERSONAL	108,970	N/A	108,970	108,970
M1 - MOBILE HOMES	1,856,970	N/A	1,856,970	1,856,970
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	103,936,592	0	107,651,398	103,936,592
Less Total Deductions	30,251,208	0	30,159,736	30,251,208
Total Taxable Value	73,685,384	0	77,491,662	73,685,384

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
77,505,737	73,685,384	72,136,707	68,316,354

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,820,353	5,369,030

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
77,505,737	73,685,384	72,136,707	68,316,354

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

234-909-02/Fruitvale ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	39,804,120	1.0029	39,689,022	39,804,120
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	618,120	N/A	618,120	618,120
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,408,890	1.1080	2,174,148	2,408,890
D2 - FARM & RANCH IMP	1,038,730	N/A	1,038,730	1,038,730
E - NON-AG LAND AND IMPROVEMENTS	48,655,662	0.9290	52,374,233	48,655,662
F1 - COMMERCIAL REAL	1,648,860	N/A	1,648,860	1,648,860
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	10,680	N/A	10,680	10,680
J - ALL UTILITIES	7,210,140	0.9542	7,556,215	7,210,140
L1 - COMMERCIAL PERSONAL	575,450	N/A	575,450	575,450
L2 - INDUSTRIAL PERSONAL	108,970	N/A	108,970	108,970
M1 - MOBILE HOMES	1,856,970	N/A	1,856,970	1,856,970
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	103,936,592		107,651,398	103,936,592
Less Total Deductions	30,251,208		30,159,736	30,251,208
Total Taxable Value	73,685,384		77,491,662	73,685,384

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
77,505,737	73,685,384	72,136,707	68,316,354

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,820,353	5,369,030

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
77,505,737	73,685,384	72,136,707	68,316,354

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