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2006 ISD Summary Worksheet

147/Limestone
147-902/Groesbeck ISD

Category Local Tax Roll Value 2006 WTD Mean Ratio 2006 PTD Value Estimate 2006 Value Assigned
A. Single-Family Residences 168,166,376 .8914 188,654,225 168,166,376
B. Multi-Family Residences 1,328,800 N/A 1,328,800 1,328,800
C. Vacant Lots 11,304,871 N/A 11,304,871 11,304,871
D. Rural Real(Taxable) 93,729,823 .9058 103,472,990 93,729,823
F1. Commercial Real 15,889,401 N/A 15,889,401 15,889,401
F2. Industrial Real 683,299,460 N/A 683,299,460 683,299,460
G. Oil, Gas, Minerals 569,716,250 .9332 610,497,482 569,716,250
J. Utilities 69,962,400 .9203 76,021,297 69,962,400
L1. Commercial Personal 10,163,494 N/A 10,163,494 10,163,494
L2. Industrial Personal 145,588,690 N/A 145,588,690 145,588,690
M. Other Personal 3,077,990 N/A 3,077,990 3,077,990
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 57,470 N/A 57,470 57,470
S. Special Inventory 22,980 N/A 22,980 22,980
Subtotal 1,772,308,005 1,849,379,150 1,772,308,005
Less Total Deductions 128,555,167   135,835,322 128,555,167
Total Taxable Value 1,643,752,838 1,713,543,828 1,643,752,838 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 80,798,477 .8962 90,156,747
Prod Value Qualified Acres 12,931,346 .9711 13,316,243
Taxable Value 93,729,823   103,472,990

*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
1,662,554,720 18,801,882 1,643,752,838 11,421,361 1,651,133,359 1,632,331,477

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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