Texas Comptroller of Public Accounts

Texas Comptroller of Public Accounts, Glenn Hegar

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2007 ISD Summary Worksheet

116-909/Wolfe City ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 36,475,540 .8815 41,378,945 36,475,540
B. Multi-Family Residences 1,424,000 N/A 1,424,000 1,424,000
C. Vacant Lots 1,203,000 N/A 1,203,000 1,203,000
D. Rural Real(Taxable) 41,152,340 .9486 43,383,169 41,152,340
F1. Commercial Real 3,504,700 N/A 3,504,700 3,504,700
F2. Industrial Real 1,466,030 N/A 1,466,030 1,466,030
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 5,807,810 1.0139 5,728,188 5,807,810
L1. Commercial Personal 1,868,550 N/A 1,868,550 1,868,550
L2. Industrial Personal 4,231,510 N/A 4,231,510 4,231,510
M. Other Personal 2,316,270 N/A 2,316,270 2,316,270
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,870 N/A 1,870 1,870
Subtotal 99,451,620 106,506,232 99,451,620
Less Total Deductions 22,198,563   24,918,174 22,198,563
Total Taxable Value 77,253,057 81,588,058 77,253,057 T2**

** This district is in year 2 of the grace period.

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 36,729,950 .9415 39,012,161
Prod Value Qualified Acres 4,422,390 1.0118 4,371,008
Taxable Value 41,152,340   43,383,169

**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
85,423,396 8,170,339 77,253,057 0 85,423,396 77,253,057

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 two of the grace period.

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