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2006 ISD Summary Worksheet

137/Kleberg
137-902/Ricardo ISD

Category Local Tax Roll Value 2006 WTD Mean Ratio 2006 PTD Value Estimate 2006 Value Assigned
A. Single-Family Residences 79,151,741 .9608 82,381,079 79,151,741
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 5,276,546 N/A 5,276,546 5,276,546
D. Rural Real(Taxable) 18,192,722 .9810 18,544,587 18,192,722
F1. Commercial Real 2,098,380 N/A 2,098,380 2,098,380
F2. Industrial Real 800,270 N/A 800,270 800,270
G. Oil, Gas, Minerals 28,337,520 .7993 35,452,921 28,337,520
J. Utilities 8,379,767 .8809 9,512,734 8,379,767
L1. Commercial Personal 4,430,640 N/A 4,430,640 4,430,640
L2. Industrial Personal 11,297,810 N/A 11,297,810 11,297,810
M. Other Personal 2,042,100 N/A 2,042,100 2,042,100
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 160,007,496 171,837,067 160,007,496
Less Total Deductions 19,714,898   20,353,104 19,714,898
Total Taxable Value 140,292,598 151,483,963 140,292,598 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 11,807,968 .9376 12,593,823
Prod Value Qualified Acres 6,384,754 1.0729 5,950,764
Taxable Value 18,192,722   18,544,587

*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
148,054,484 7,761,886 140,292,598 3,490,890 144,563,594 136,801,708

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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