taxes Property Tax Assistance

2017 ISD Summary Worksheet

234/Van Zandt

234-909/Fruitvale ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 23,601,000 .9427 25,035,536 23,601,000
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 530,470 N/A 530,470 530,470
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,715,000 1.0261 1,671,336 1,715,000
D2. Real Prop Farm & Ranch 670,050 N/A 670,050 670,050
E. Real Prop NonQual Acres 31,558,570 .9743 32,391,019 31,558,570
F1. Commercial Real 887,930 N/A 887,930 887,930
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 124,904 N/A 124,904 124,904
J. Utilities 5,840,512 1.0404 5,613,718 5,840,512
L1. Commercial Personal 544,240 N/A 544,240 544,240
L2. Industrial Personal 138,896 N/A 138,896 138,896
M. Other Personal 814,990 N/A 814,990 814,990
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 66,426,562 68,423,089 66,426,562
Less Total Deductions 19,017,558   20,139,841 19,017,558
Total Taxable Value 47,409,004 48,283,248 47,409,004 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
50,839,279 47,409,004 47,310,513 43,880,238


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,430,275 3,528,766


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
50,839,279 47,409,004 47,310,513 43,880,238

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