Skip to content
Quick Start for:

DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 11:38:26                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              234/Van Zandt                                         VRSN: P

                                                        234-902/Canton ISD

____________________________________________________________________________________________________________________________________

                                        LOCAL TAX             2004 WTD                     2004 PTD                2004 VALUE
CATEGORY                               ROLL VALUE           MEAN RATIO               VALUE ESTIMATE                  ASSIGNED
________                      ___________________           __________          ___________________             _____________

A.  SINGLE-FAMILY RESIDENCES          189,744,248                .9452                  200,745,078               189,744,248
B.  MULTIFAMILY RESIDENCES              3,501,780                   **                    3,501,780                 3,501,780
C.  VACANT LOTS                         4,774,420                   **                    4,774,420                 4,774,420
D.  RURAL REAL(TAXABLE)               148,454,920                .9743                  152,374,429               148,454,920
F1. COMMERCIAL REAL                    85,078,790                .9164                   92,840,234                85,078,790
F2. INDUSTRIAL REAL                       482,970                   **                      482,970                   482,970
G.  OIL,GAS,MINERALS                    1,578,210                   **                    1,578,210                 1,578,210
J.  UTILITIES                          23,865,650                   **                   23,865,650                23,865,650
L1. COMMERCIAL PERSONAL                29,115,400                .9631                   30,230,921                29,115,400
L2. INDUSTRIAL PERSONAL                10,829,860                   **                   10,829,860                10,829,860
M.  MOBILE HOMES                        7,932,330                   **                    7,932,330                 7,932,330
N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0
O.  RESIDENTIAL INVENTORY                 575,520                   **                      575,520                   575,520
S.  SPECIAL INVENTORY                   3,671,070                   **                    3,671,070                 3,671,070
                              ___________________                               ___________________       ___________________

SUBTOTAL                              509,605,168                                       533,402,472               509,605,168

LESS TOTAL DEDUCTIONS                  94,977,278                                       100,133,199                94,977,278
                              ___________________                               ___________________       ___________________

TOTAL TAXABLE VALUE                   414,627,890                                       433,269,273               414,627,890 T2*
                                                                                 * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD.
____________________________________________________________________________________________________________________________________

                   LOCAL REPORTED       PTD ESTIMATE                                 LOCAL TAX ROLL          RATIO         PTD VALUE
                   ______________       ____________                                 ______________                      ___________

HOMESTEAD & VETS       55,883,281         55,883,281    MKT VALUE NON-QUAL

CAP VALUE LOSS          2,816,484          2,979,776    ACRES & FRM/RNCH IMPRV          138,977,980          .9506       146,200,274

OVER 65 FREZ LOSS      36,216,043         41,208,672    PROD VAL QUAL ACRES               9,476,940         1.5349         6,174,155

ALL OTHER                  61,470             61,470
                  _______________    _______________                                _______________                  _______________

TOTAL DEDUCTIONS       94,977,278        100,133,199    TOTAL TAXABLE VALUE             148,454,920                      152,374,429

DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 002
TIME: 11:38:26                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              234/Van Zandt                                         VRSN: P
                                                        234-902/Canton ISD

____________________________________________________________________________________________________________________________________

SB4, PASSED BY THE 1999 LEGISLATURE, REQUIRES THE COMPTROLLER TO CERTIFY ALTERNATIVE MEASURES OF SCHOOL DISTRICT
WEALTH (T1, T3 AND T4) IN ADDITION TO THE TRADITIONAL MEASURE (T2).  QUESTIONS ABOUT THE EXTENT TO WHICH ANY OF
THESE WEALTH MEASURES AFFECT SCHOOL FUNDING SHOULD BE DIRECTED TO THE DIVISION OF STATE FUNDING AT  THE TEXAS
EDUCATION AGENCY, TELEPHONE #512-463-9238

                          LOSS TO                                 50% OF THE LOSS
                      THE ADDITIONAL                           TO THE LOCAL OPTIONAL
                     $10,000 HOMESTEAD                          PERCENTAGE HOMESTEAD
        T1                EXEMPTION               T2                 EXEMPTION                T3                     T4
___________________  ___________________  ___________________  ____________________   ____________________    ___________________

      442,847,017             28,219,127       414,627,890                       0          442,847,017            414,627,890

T1 = SCHOOL DISTRICT TAXABLE VALUE BEFORE THE LOSS TO THE ADDITIONAL $10,000 HOMESTEAD EXEMPTION
T2 = SCHOOL DISTRICT TAXABLE VALUE AFTER THE LOSS TO THE ADDITIONAL $10,000 HOMESTEAD EXEMPTION
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



THE PVS FOUND YOUR TAXABLE VALUE TO BE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN
YEAR ONE/TWO OF A GRACE PERIOD.
                                                      **** END  OF  REPORT ****