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2007 ISD Summary Worksheet

170/Montgomery
170-906/Magnolia ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 2,167,202,584 .9602 2,257,032,477 2,167,202,584
B. Multi-Family Residences 4,022,766 N/A 4,022,766 4,022,766
C. Vacant Lots 181,275,278 .9594 188,946,506 181,275,278
D. Rural Real(Taxable) 251,139,073 .9805 256,136,969 251,139,073
F1. Commercial Real 157,929,657 .9528 165,753,208 157,929,657
F2. Industrial Real 2,742,840 N/A 2,742,840 2,742,840
G. Oil, Gas, Minerals 63,678,110 N/A 63,678,110 63,678,110
J. Utilities 62,031,456 N/A 62,031,456 62,031,456
L1. Commercial Personal 108,395,838 N/A 108,395,838 108,395,838
L2. Industrial Personal 41,185,960 N/A 41,185,960 41,185,960
M. Other Personal 20,448,013 N/A 20,448,013 20,448,013
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 9,948,980 N/A 9,948,980 9,948,980
S. Special Inventory 534,090 N/A 534,090 534,090
Subtotal 3,070,534,645 3,180,857,213 3,070,534,645
Less Total Deductions 397,580,075   414,126,369 397,580,075
Total Taxable Value 2,672,954,570 2,766,730,844 2,672,954,570 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 230,472,560 .9769 235,922,367
Prod Value Qualified Acres 20,666,513 1.0224 20,214,602
Taxable Value 251,139,073   256,136,969

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
2,784,745,834 111,791,264 2,672,954,570 0 2,784,745,834 2,672,954,570

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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