Veteran's Day

Quick Start for:

2007 ISD Summary Worksheet

153/Lynn
153-905/New Home ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 10,574,840 .9471 11,165,495 10,574,840
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 126,440 N/A 126,440 126,440
D. Rural Real(Taxable) 27,143,240 .9796 27,708,510 27,143,240
F1. Commercial Real 418,200 N/A 418,200 418,200
F2. Industrial Real 1,741,860 N/A 1,741,860 1,741,860
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,493,890 .9587 4,687,483 4,493,890
L1. Commercial Personal 294,410 N/A 294,410 294,410
L2. Industrial Personal 1,789,270 N/A 1,789,270 1,789,270
M. Other Personal 170,820 N/A 170,820 170,820
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 46,752,970 48,102,488 46,752,970
Less Total Deductions 5,836,657   6,150,161 5,836,657
Total Taxable Value 40,916,313 41,952,327 40,916,313 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 10,585,860 1.0135 10,444,854
Prod Value Qualified Acres 16,557,380 .9591 17,263,656
Taxable Value 27,143,240   27,708,510

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
42,821,873 1,905,560 40,916,313 0 42,821,873 40,916,313

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

Required Plug-ins