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2007 ISD Summary Worksheet

090/Gray
090-903/McLean ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 9,761,320 N/A 9,761,320 9,761,320
B. Multi-Family Residences 16,070 N/A 16,070 16,070
C. Vacant Lots 301,590 N/A 301,590 301,590
D. Rural Real(Taxable) 16,281,040 .7483 21,757,163 16,281,040
F1. Commercial Real 2,172,760 N/A 2,172,760 2,172,760
F2. Industrial Real 2,810,800 N/A 2,810,800 2,810,800
G. Oil, Gas, Minerals 93,844,780 1.0135 92,594,751 93,844,780
J. Utilities 19,557,559 1.0505 18,617,381 19,557,559
L1. Commercial Personal 2,170,553 N/A 2,170,553 2,170,553
L2. Industrial Personal 73,970 N/A 73,970 73,970
M. Other Personal 437,230 N/A 437,230 437,230
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 6,671 N/A 6,671 6,671
Subtotal 147,434,343 150,720,259 147,434,343
Less Total Deductions 5,562,008   5,562,008 5,562,008
Total Taxable Value 141,872,335 145,158,251 141,872,335 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 7,669,440 .7741 9,907,557
Prod Value Qualified Acres 8,611,600 .7267 11,849,606
Taxable Value 16,281,040   21,757,163

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
144,379,804 2,507,469 141,872,335 0 144,379,804 141,872,335

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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