Thanksgiving Day Holiday Hours

Quick Start for:

2007 ISD Summary Worksheet

043/Collin
043-919/Lovejoy ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 1,296,088,332 .9863 1,314,091,384 1,296,088,332
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 20,308,149 N/A 20,308,149 20,308,149
D. Rural Real(Taxable) 40,717,749 1.0007 40,687,886 40,717,749
F1. Commercial Real 7,690,294 N/A 7,690,294 7,690,294
F2. Industrial Real 2,510,543 N/A 2,510,543 2,510,543
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 6,433,650 N/A 6,433,650 6,433,650
L1. Commercial Personal 4,458,926 N/A 4,458,926 4,458,926
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 105,712 N/A 105,712 105,712
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 49,469,875 N/A 49,469,875 49,469,875
S. Special Inventory 588 N/A 588 588
Subtotal 1,427,783,818 1,445,757,007 1,427,783,818
Less Total Deductions 108,121,900   110,930,962 108,121,900
Total Taxable Value 1,319,661,918 1,334,826,045 1,319,661,918 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 40,418,556 N/A 40,418,556
Prod Value Qualified Acres 299,193 1.1109 269,330
Taxable Value 40,717,749   40,687,886

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
1,355,121,918 35,460,000 1,319,661,918 0 1,355,121,918 1,319,661,918

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

Required Plug-ins