Labor Day

Quick Start for:

2007 ISD Summary Worksheet

228/Trinity
228-901/Groveton ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 52,039,051 .9319 55,841,883 52,039,051
B. Multi-Family Residences 707,234 N/A 707,234 707,234
C. Vacant Lots 14,347,505 1.0212 14,049,652 14,347,505
D. Rural Real(Taxable) 62,012,576 .7399 83,812,673 62,012,576
F1. Commercial Real 4,837,305 N/A 4,837,305 4,837,305
F2. Industrial Real 253,426 N/A 253,426 253,426
G. Oil, Gas, Minerals 2,311,440 N/A 2,311,440 2,311,440
J. Utilities 18,704,841 .9989 18,725,439 18,704,841
L1. Commercial Personal 2,946,199 N/A 2,946,199 2,946,199
L2. Industrial Personal 739,590 N/A 739,590 739,590
M. Other Personal 1,827,586 N/A 1,827,586 1,827,586
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,861,895 N/A 1,861,895 1,861,895
S. Special Inventory 0 N/A 0 0
Subtotal 162,588,648 187,914,322 162,588,648
Less Total Deductions 31,580,241   33,564,270 31,580,241
Total Taxable Value 131,008,407 154,350,052 131,008,407 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 32,628,568 .5919 55,125,136
Prod Value Qualified Acres 29,384,008 1.0243 28,687,537
Taxable Value 62,012,576   83,812,673

*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
144,287,762 13,279,355 131,008,407 0 144,287,762 131,008,407

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 one of the grace period.

Required Plug-ins