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2006 ISD Summary Worksheet

211/Sherman
211-901/Texhoma ISD

Category Local Tax Roll Value 2006 WTD Mean Ratio 2006 PTD Value Estimate 2006 Value Assigned
A. Single-Family Residences 4,965,850 N/A 4,965,850 4,965,850
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 75,460 N/A 75,460 75,460
D. Rural Real(Taxable) 17,817,920 1.1607 15,350,466 17,817,920
F1. Commercial Real 1,920,740 N/A 1,920,740 1,920,740
F2. Industrial Real 8,693,810 N/A 8,693,810 8,693,810
G. Oil, Gas, Minerals 87,520,060 1.0359 84,486,978 87,520,060
J. Utilities 11,766,420 1.0556 11,146,665 11,766,420
L1. Commercial Personal 1,394,920 N/A 1,394,920 1,394,920
L2. Industrial Personal 1,022,870 N/A 1,022,870 1,022,870
M. Other Personal 248,640 N/A 248,640 248,640
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 135,426,690 129,306,399 135,426,690
Less Total Deductions 4,824,578   4,824,578 4,824,578
Total Taxable Value 130,602,112 124,481,821 130,602,112 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 2,972,310 1.0529 2,822,975
Prod Value Qualified Acres 14,845,610 1.1850 12,527,491
Taxable Value 17,817,920   15,350,466

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
131,770,472 1,168,360 130,602,112 0 131,770,472 130,602,112

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 local value is higher than the state value

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