Labor Day

Quick Start for:

2007 ISD Summary Worksheet

091/Grayson
091-906/Sherman ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 935,343,021 .9887 946,033,196 935,343,021
B. Multi-Family Residences 129,249,186 .8946 144,477,069 129,249,186
C. Vacant Lots 36,191,335 N/A 36,191,335 36,191,335
D. Rural Real(Taxable) 47,618,513 1.0265 46,391,421 47,618,513
F1. Commercial Real 465,705,178 .8859 525,685,944 465,705,178
F2. Industrial Real 135,878,823 N/A 135,878,823 135,878,823
G. Oil, Gas, Minerals 50,325,440 N/A 50,325,440 50,325,440
J. Utilities 60,371,306 N/A 60,371,306 60,371,306
L1. Commercial Personal 231,279,393 .9782 236,433,646 231,279,393
L2. Industrial Personal 256,520,952 N/A 256,520,952 256,520,952
M. Other Personal 5,102,197 N/A 5,102,197 5,102,197
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 5,220,424 N/A 5,220,424 5,220,424
S. Special Inventory 15,504,006 N/A 15,504,006 15,504,006
Subtotal 2,374,309,774 2,464,135,759 2,374,309,774
Less Total Deductions 327,786,900   330,996,170 327,786,900
Total Taxable Value 2,046,522,874 2,133,139,589 2,046,522,874 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 43,746,140 N/A 43,746,140
Prod Value Qualified Acres 3,872,373 1.4639 2,645,281
Taxable Value 47,618,513   46,391,421

*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
2,122,347,479 75,824,605 2,046,522,874 0 2,122,347,479 2,046,522,874

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 one of the grace period.

Required Plug-ins