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2007 ISD Summary Worksheet

140/Lamb
140-904/Littlefield ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 86,076,870 .9409 91,483,548 86,076,870
B. Multi-Family Residences 2,482,440 N/A 2,482,440 2,482,440
C. Vacant Lots 1,029,090 N/A 1,029,090 1,029,090
D. Rural Real(Taxable) 28,117,369 1.0467 26,864,123 28,117,369
F1. Commercial Real 18,499,070 .9353 19,778,755 18,499,070
F2. Industrial Real 14,927,380 N/A 14,927,380 14,927,380
G. Oil, Gas, Minerals 19,641,630 1.0014 19,614,170 19,641,630
J. Utilities 18,310,771 .9504 19,266,384 18,310,771
L1. Commercial Personal 18,513,530 1.0040 18,439,771 18,513,530
L2. Industrial Personal 14,721,580 N/A 14,721,580 14,721,580
M. Other Personal 508,410 N/A 508,410 508,410
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 57,020 N/A 57,020 57,020
S. Special Inventory 2,042,130 N/A 2,042,130 2,042,130
Subtotal 224,927,290 231,214,801 224,927,290
Less Total Deductions 32,815,777   34,505,818 32,815,777
Total Taxable Value 192,111,513 196,708,983 192,111,513 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 9,027,290 .9940 9,081,781
Prod Value Qualified Acres 19,090,079 1.0735 17,782,342
Taxable Value 28,117,369   26,864,123

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
206,130,601 14,019,088 192,111,513 0 206,130,601 192,111,513

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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