Quick Start for:

2006 ISD Summary Worksheet

225/Titus
225-906/Chapel Hill ISD

Category Local Tax Roll Value 2006 WTD Mean Ratio 2006 PTD Value Estimate 2006 Value Assigned
A. Single-Family Residences 48,262,143 .9819 49,151,790 48,262,143
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 2,118,815 N/A 2,118,815 2,118,815
D. Rural Real(Taxable) 33,664,438 .8745 38,495,565 33,664,438
F1. Commercial Real 1,479,486 N/A 1,479,486 1,479,486
F2. Industrial Real 121,858 N/A 121,858 121,858
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 5,436,272 1.0196 5,331,769 5,436,272
L1. Commercial Personal 1,992,729 N/A 1,992,729 1,992,729
L2. Industrial Personal 51,943 N/A 51,943 51,943
M. Other Personal 3,499,597 N/A 3,499,597 3,499,597
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 96,627,281 102,243,552 96,627,281
Less Total Deductions 15,495,147   15,737,159 15,495,147
Total Taxable Value 81,132,134 86,506,393 81,132,134 T2**

** This district is in year 2 of the grace period.

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 30,555,361 .8519 35,867,310
Prod Value Qualified Acres 3,109,077 1.1829 2,628,255
Taxable Value 33,664,438   38,495,565

**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
87,182,747 6,050,613 81,132,134 0 87,182,747 81,132,134

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.

Required Plug-ins