Labor Day

Quick Start for:

2007 ISD Summary Worksheet

009/Bailey
009-901/Muleshoe ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 68,018,776 .8592 79,165,242 68,018,776
B. Multi-Family Residences 1,369,194 N/A 1,369,194 1,369,194
C. Vacant Lots 1,270,758 N/A 1,270,758 1,270,758
D. Rural Real(Taxable) 56,628,822 .9780 57,901,991 56,628,822
F1. Commercial Real 17,511,974 .8909 19,656,498 17,511,974
F2. Industrial Real 29,169,854 N/A 29,169,854 29,169,854
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 29,081,537 .9430 30,839,382 29,081,537
L1. Commercial Personal 17,689,049 1.0121 17,477,570 17,689,049
L2. Industrial Personal 33,787,002 N/A 33,787,002 33,787,002
M. Other Personal 1,039,288 N/A 1,039,288 1,039,288
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,781,439 N/A 1,781,439 1,781,439
Subtotal 257,347,693 273,458,218 257,347,693
Less Total Deductions 30,374,212   34,295,854 30,374,212
Total Taxable Value 226,973,481 239,162,364 226,973,481 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 28,673,887 .9106 31,489,004
Prod Value Qualified Acres 27,954,935 1.0584 26,412,987
Taxable Value 56,628,822   57,901,991

**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
238,767,334 11,793,853 226,973,481 0 238,767,334 226,973,481

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 local value invalid, but local value was certified because your school district is in year two of the grace period.

Required Plug-ins