Looking at cities, ISDs tax gains, losses
Submitted by Canton1 on
The Van Zandt County Appraisal Review Board approved the Appraisal District’s 2015 appraisal records June 29 and the District certified its 2015 taxable values to each taxing unit July 7.
Van Zandt County’s 2015 market value (value before exemptions) is $4,170,828,437 compared to $4,030,056,102 for the previous year, an
increase of 3.49 percent or $140,772,335.
The county’s total taxable value (value after exemptions) is $2,423,666,749 versus $2,370,048,185 for the prior year, a $53,618,564 or 2.26 percent increase.
Despite significant decreases in mineral value and a reappraisal of properties damaged by the tornado in Van, Van Zandt County’s taxable
value has continued to increase thanks to a healthy real estate market and industrial growth for 2015.