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2007 ISD Summary Worksheet

109/Hill
109-905/Hubbard ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 34,532,100 .9778 35,316,118 34,532,100
B. Multi-Family Residences 472,870 N/A 472,870 472,870
C. Vacant Lots 743,150 N/A 743,150 743,150
D. Rural Real(Taxable) 22,856,776 1.0439 21,895,839 22,856,776
F1. Commercial Real 7,378,870 1.0024 7,361,203 7,378,870
F2. Industrial Real 604,800 N/A 604,800 604,800
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,647,560 1.0058 4,620,760 4,647,560
L1. Commercial Personal 2,702,400 N/A 2,702,400 2,702,400
L2. Industrial Personal 711,240 N/A 711,240 711,240
M. Other Personal 1,515,680 N/A 1,515,680 1,515,680
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 17,940 N/A 17,940 17,940
Subtotal 76,183,386 75,962,000 76,183,386
Less Total Deductions 18,198,322   18,609,587 18,198,322
Total Taxable Value 57,985,064 57,352,413 57,985,064 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 19,914,184 1.0181 19,560,145
Prod Value Qualified Acres 2,942,592 1.2598 2,335,694
Taxable Value 22,856,776   21,895,839

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
63,397,272 5,412,208 57,985,064 0 63,397,272 57,985,064

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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