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2006 ISD Summary Worksheet

202/Sabine
202-903/Hemphill ISD

Category Local Tax Roll Value 2006 WTD Mean Ratio 2006 PTD Value Estimate 2006 Value Assigned
A. Single-Family Residences 195,756,531 .8997 217,579,783 195,756,531
B. Multi-Family Residences 420,400 N/A 420,400 420,400
C. Vacant Lots 21,861,718 .8667 25,224,089 21,861,718
D. Rural Real(Taxable) 51,009,541 .9256 55,111,163 51,009,541
F1. Commercial Real 17,417,918 .8951 19,459,187 17,417,918
F2. Industrial Real 126,970 N/A 126,970 126,970
G. Oil, Gas, Minerals 380,864 N/A 380,864 380,864
J. Utilities 12,500,405 N/A 12,500,405 12,500,405
L1. Commercial Personal 8,012,385 N/A 8,012,385 8,012,385
L2. Industrial Personal 2,088,030 N/A 2,088,030 2,088,030
M. Other Personal 5,418,395 N/A 5,418,395 5,418,395
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 314,993,157 346,321,671 314,993,157
Less Total Deductions 60,216,968   67,636,751 60,216,968
Total Taxable Value 254,776,189 278,684,920 254,776,189 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 29,430,541 .9488 31,018,698
Prod Value Qualified Acres 21,579,000 .8957 24,092,465
Taxable Value 51,009,541   55,111,163

*The taxable values shown here will not match the values reported by your appraisal district

NOTE: See the ISD Deduction Report for a breakdown of deduction values

SB4, Passed by the 1999 legislature, (Section 403.302(J) and (K), Government Code), 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.

T1 Loss To The Additional $10,000 Homestead Exemption T2 50% Of The Loss To The Local Optional Percentage Homestead Exemption T3 T4
278,642,833 23,866,644 254,776,189 0 278,642,833 254,776,189

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.

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