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2007 ISD Summary Worksheet

124/Jim Hogg
124-901/Jim Hogg ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 51,584,160 1.0000 51,584,160 51,584,160
B. Multi-Family Residences 1,154,570 N/A 1,154,570 1,154,570
C. Vacant Lots 2,762,150 N/A 2,762,150 2,762,150
D. Rural Real(Taxable) 60,345,811 .8408 71,770,870 71,770,870
F1. Commercial Real 13,982,570 N/A 13,982,570 13,982,570
F2. Industrial Real 22,003,670 N/A 22,003,670 22,003,670
G. Oil, Gas, Minerals 234,204,090 .9757 240,036,989 240,036,989
J. Utilities 49,401,340 .9788 50,471,332 50,471,332
L1. Commercial Personal 6,810,690 N/A 6,810,690 6,810,690
L2. Industrial Personal 27,247,610 N/A 27,247,610 27,247,610
M. Other Personal 340,930 N/A 340,930 340,930
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 469,837,591 488,165,541 488,165,541
Less Total Deductions 27,343,819   27,343,819 27,343,819
Total Taxable Value 442,493,772 460,821,722 460,821,722 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 16,924,871 .7257 23,322,132
Prod Value Qualified Acres 43,420,940 .8962 48,448,738
Taxable Value 60,345,811   71,770,870

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
472,959,052 12,137,330 460,821,722 2,783,130 470,175,922 458,038,592

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range

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