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2007 ISD Summary Worksheet

043/Collin
043-904/Farmersville ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 150,786,000 .9631 156,563,181 150,786,000
B. Multi-Family Residences 2,369,822 N/A 2,369,822 2,369,822
C. Vacant Lots 17,001,400 N/A 17,001,400 17,001,400
D. Rural Real(Taxable) 98,084,132 .8760 111,964,387 98,084,132
F1. Commercial Real 20,334,322 N/A 20,334,322 20,334,322
F2. Industrial Real 14,525,090 N/A 14,525,090 14,525,090
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 17,201,785 .9215 18,667,157 17,201,785
L1. Commercial Personal 8,606,769 N/A 8,606,769 8,606,769
L2. Industrial Personal 5,640,356 N/A 5,640,356 5,640,356
M. Other Personal 6,122,442 N/A 6,122,442 6,122,442
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 5,011,988 N/A 5,011,988 5,011,988
S. Special Inventory 975,375 N/A 975,375 975,375
Subtotal 346,659,481 367,782,289 346,659,481
Less Total Deductions 45,998,811   47,760,550 45,998,811
Total Taxable Value 300,660,670 320,021,739 300,660,670 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 94,085,757 .8684 108,343,801
Prod Value Qualified Acres 3,998,375 1.1043 3,620,586
Taxable Value 98,084,132   111,964,387

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
316,899,777 16,239,107 300,660,670 0 316,899,777 300,660,670

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 to be valid, and local value was certified

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