taxes Property Tax Assistance

2016 ISD Summary Worksheet

234/Van Zandt

234-909/Fruitvale ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 23,622,640 N/A 23,622,640 23,622,640
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 521,190 N/A 521,190 521,190
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,726,500 N/A 1,726,500 1,726,500
D2. Real Prop Farm & Ranch 842,140 N/A 842,140 842,140
E. Real Prop NonQual Acres 30,654,950 N/A 30,654,950 30,654,950
F1. Commercial Real 755,170 N/A 755,170 755,170
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 2,086,701 N/A 2,086,701 2,086,701
J. Utilities 5,824,941 N/A 5,824,941 5,824,941
L1. Commercial Personal 472,580 N/A 472,580 472,580
L2. Industrial Personal 188,812 N/A 188,812 188,812
M. Other Personal 794,970 N/A 794,970 794,970
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 67,490,594 67,490,594 67,490,594
Less Total Deductions 17,727,995   17,727,995 17,727,995
Total Taxable Value 49,762,599 49,762,599 49,762,599 T2

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
53,160,789 49,762,599 49,799,911 46,401,721


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,398,190 3,360,878


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
53,160,789 49,762,599 49,799,911 46,401,721

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