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2007 ISD Summary Worksheet

175/Navarro
175-902/Blooming Grove ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 29,336,120 .8859 33,114,482 29,336,120
B. Multi-Family Residences 5,600 N/A 5,600 5,600
C. Vacant Lots 1,221,960 N/A 1,221,960 1,221,960
D. Rural Real(Taxable) 79,731,610 .8141 97,943,533 79,731,610
F1. Commercial Real 1,305,500 N/A 1,305,500 1,305,500
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 16,894,530 .9982 16,924,995 16,894,530
L1. Commercial Personal 638,450 N/A 638,450 638,450
L2. Industrial Personal 14,920 N/A 14,920 14,920
M. Other Personal 6,432,580 N/A 6,432,580 6,432,580
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 65,430 N/A 65,430 65,430
S. Special Inventory 0 N/A 0 0
Subtotal 135,646,700 157,667,450 135,646,700
Less Total Deductions 27,143,830   30,102,105 27,143,830
Total Taxable Value 108,502,870 127,565,345 108,502,870 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 70,504,380 .7893 89,325,200
Prod Value Qualified Acres 9,227,230 1.0707 8,618,333
Taxable Value 79,731,610   97,943,533

**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
119,192,460 10,689,590 108,502,870 0 119,192,460 108,502,870

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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