Quick Start for:

2007 ISD Summary Worksheet

091/Grayson
091-905/Howe ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 116,858,138 .9663 120,933,600 116,858,138
B. Multi-Family Residences 3,631,625 N/A 3,631,625 3,631,625
C. Vacant Lots 3,752,757 N/A 3,752,757 3,752,757
D. Rural Real(Taxable) 48,238,850 .8781 54,934,861 48,238,850
F1. Commercial Real 12,434,011 N/A 12,434,011 12,434,011
F2. Industrial Real 6,106,716 N/A 6,106,716 6,106,716
G. Oil, Gas, Minerals 112,850 N/A 112,850 112,850
J. Utilities 7,856,655 N/A 7,856,655 7,856,655
L1. Commercial Personal 4,871,477 N/A 4,871,477 4,871,477
L2. Industrial Personal 4,799,172 N/A 4,799,172 4,799,172
M. Other Personal 2,129,476 N/A 2,129,476 2,129,476
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,551,484 N/A 1,551,484 1,551,484
S. Special Inventory 258,243 N/A 258,243 258,243
Subtotal 212,601,454 223,372,927 212,601,454
Less Total Deductions 35,793,720   37,100,663 35,793,720
Total Taxable Value 176,807,734 186,272,264 176,807,734 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 41,569,129 .8331 49,896,926
Prod Value Qualified Acres 6,669,721 1.3239 5,037,935
Taxable Value 48,238,850   54,934,861

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
188,340,112 11,532,378 176,807,734 0 188,340,112 176,807,734

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