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2007 ISD Summary Worksheet

111/Hood
111-903/Tolar ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 23,396,750 .8870 26,377,396 23,396,750
B. Multi-Family Residences 823,300 N/A 823,300 823,300
C. Vacant Lots 1,536,010 N/A 1,536,010 1,536,010
D. Rural Real(Taxable) 66,861,640 1.0337 64,681,350 66,861,640
F1. Commercial Real 5,280,140 N/A 5,280,140 5,280,140
F2. Industrial Real 10,327,490 N/A 10,327,490 10,327,490
G. Oil, Gas, Minerals 7,376,640 N/A 7,376,640 7,376,640
J. Utilities 12,789,230 .9559 13,379,255 12,789,230
L1. Commercial Personal 9,218,090 N/A 9,218,090 9,218,090
L2. Industrial Personal 15,320,140 N/A 15,320,140 15,320,140
M. Other Personal 2,974,270 N/A 2,974,270 2,974,270
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 18,000 N/A 18,000 18,000
S. Special Inventory 10,000 N/A 10,000 10,000
Subtotal 155,931,700 157,322,081 155,931,700
Less Total Deductions 14,636,428   16,547,163 14,636,428
Total Taxable Value 141,295,272 140,774,918 141,295,272 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 60,680,700 1.0072 60,246,922
Prod Value Qualified Acres 6,180,940 1.3939 4,434,428
Taxable Value 66,861,640   64,681,350

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
147,444,032 6,148,760 141,295,272 0 147,444,032 141,295,272

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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