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2006 ISD Summary Worksheet

116/Hunt
116-909/Wolfe City ISD

Category Local Tax Roll Value 2006 WTD Mean Ratio 2006 PTD Value Estimate 2006 Value Assigned
A. Single-Family Residences 34,253,520 .9284 36,895,218 34,253,520
B. Multi-Family Residences 976,040 N/A 976,040 976,040
C. Vacant Lots 980,170 N/A 980,170 980,170
D. Rural Real(Taxable) 37,349,826 .9424 39,631,021 37,349,826
F1. Commercial Real 3,932,290 N/A 3,932,290 3,932,290
F2. Industrial Real 1,771,470 N/A 1,771,470 1,771,470
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,834,510 .7887 6,129,720 4,834,510
L1. Commercial Personal 1,926,400 N/A 1,926,400 1,926,400
L2. Industrial Personal 4,298,100 N/A 4,298,100 4,298,100
M. Other Personal 1,697,900 N/A 1,697,900 1,697,900
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,760 N/A 1,760 1,760
Subtotal 92,021,986 98,240,089 92,021,986
Less Total Deductions 20,810,795   22,195,394 20,810,795
Total Taxable Value 71,211,191 76,044,695 71,211,191 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 32,964,550 .9401 35,064,940
Prod Value Qualified Acres 4,385,276 .9604 4,566,081
Taxable Value 37,349,826   39,631,021

*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), Tax 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
79,230,854 8,019,663 71,211,191 0 79,230,854 71,211,191

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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