taxes Property Tax Assistance

2021 ISD Summary Worksheet

234-Van Zandt /Van Zandt County

234-904/Grand Saline ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	166,715,139	1.0110	164,901,226	166,715,139
B - MULTIFAMILY	2,567,047	N/A	2,567,047	2,567,047
C1 - VACANT LOTS	2,845,650	N/A	2,845,650	2,845,650
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,648,961	1.1069	7,813,411	8,648,961
D2 - FARM & RANCH IMP	4,565,060	N/A	4,565,060	4,565,060
E - NON-AG LAND AND IMPROVEMENTS	195,563,145	0.9616	203,372,655	195,563,145
F1 - COMMERCIAL REAL	26,196,320	0.7639	34,292,866	26,196,320
F2 - INDUSTRIAL REAL	4,417,140	N/A	4,417,140	4,417,140
G - ALL MINERALS	2,502,460	N/A	2,502,460	2,502,460
J - ALL UTILITIES	25,006,480	0.9596	26,059,275	25,006,480
L1 - COMMERCIAL PERSONAL	9,349,744	N/A	9,349,744	9,349,744
L2 - INDUSTRIAL PERSONAL	38,788,330	N/A	38,788,330	38,788,330
M1 - MOBILE HOMES	5,087,930	N/A	5,087,930	5,087,930
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	171,366	N/A	171,366	171,366
Subtotal	492,424,772	0	506,734,160	492,424,772
Less Total Deductions	115,508,133	0	114,143,282	115,508,133
Total Taxable Value	376,916,639	0	392,590,878	376,916,639

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
391,289,227	376,916,639	369,340,693	354,968,105

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
14,372,588	21,948,534

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
391,289,227	376,916,639	369,340,693	354,968,105

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

234-904-02/Grand Saline ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	166,715,139	1.0110	164,901,226	166,715,139
B - MULTIFAMILY	2,567,047	N/A	2,567,047	2,567,047
C1 - VACANT LOTS	2,845,650	N/A	2,845,650	2,845,650
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,648,961	1.1069	7,813,411	8,648,961
D2 - FARM & RANCH IMP	4,565,060	N/A	4,565,060	4,565,060
E - NON-AG LAND AND IMPROVEMENTS	195,563,145	0.9616	203,372,655	195,563,145
F1 - COMMERCIAL REAL	26,196,320	0.7639	34,292,866	26,196,320
F2 - INDUSTRIAL REAL	4,417,140	N/A	4,417,140	4,417,140
G - ALL MINERALS	2,502,460	N/A	2,502,460	2,502,460
J - ALL UTILITIES	25,006,480	0.9596	26,059,275	25,006,480
L1 - COMMERCIAL PERSONAL	9,349,744	N/A	9,349,744	9,349,744
L2 - INDUSTRIAL PERSONAL	38,788,330	N/A	38,788,330	38,788,330
M1 - MOBILE HOMES	5,087,930	N/A	5,087,930	5,087,930
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	171,366	N/A	171,366	171,366
Subtotal	492,424,772		506,734,160	492,424,772
Less Total Deductions	115,508,133		114,143,282	115,508,133
Total Taxable Value	376,916,639		392,590,878	376,916,639

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
391,289,227	376,916,639	369,340,693	354,968,105

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
14,372,588	21,948,534

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
391,289,227	376,916,639	369,340,693	354,968,105

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