taxes Property Tax Assistance

2016 ISD Summary Worksheet

234/Van Zandt

234-903/Edgewood ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 103,441,700 N/A 103,441,700 103,441,700
B. Multi-Family Residences 1,248,390 N/A 1,248,390 1,248,390
C1. Vacant Lots 2,462,520 N/A 2,462,520 2,462,520
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,323,020 N/A 4,323,020 4,323,020
D2. Real Prop Farm & Ranch 2,859,990 N/A 2,859,990 2,859,990
E. Real Prop NonQual Acres 111,957,140 N/A 111,957,140 111,957,140
F1. Commercial Real 9,287,020 N/A 9,287,020 9,287,020
F2. Industrial Real 432,310 N/A 432,310 432,310
G. Oil, Gas, Minerals 7,148,806 N/A 7,148,806 7,148,806
J. Utilities 11,021,884 N/A 11,021,884 11,021,884
L1. Commercial Personal 6,205,060 N/A 6,205,060 6,205,060
L2. Industrial Personal 1,940,504 N/A 1,940,504 1,940,504
M. Other Personal 2,323,210 N/A 2,323,210 2,323,210
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 531,100 N/A 531,100 531,100
S. Special Inventory 34,750 N/A 34,750 34,750
Subtotal 265,217,404 265,217,404 265,217,404
Less Total Deductions 54,348,829   54,348,829 54,348,829
Total Taxable Value 210,868,575 210,868,575 210,868,575 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
221,958,641 210,868,575 221,958,641 210,868,575


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,090,066 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
221,958,641 210,868,575 221,958,641 210,868,575

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