Quick Start for:

2007 ISD Summary Worksheet

228/Trinity
228-905/Apple Springs ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 6,723,746 .8616 7,803,791 6,723,746
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 311,879 N/A 311,879 311,879
D. Rural Real(Taxable) 17,505,889 .8928 19,607,291 17,505,889
F1. Commercial Real 583,011 N/A 583,011 583,011
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 2,121,644 1.0220 2,075,973 2,121,644
L1. Commercial Personal 249,559 N/A 249,559 249,559
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 606,104 N/A 606,104 606,104
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 28,101,832 31,237,608 28,101,832
Less Total Deductions 6,164,665   6,923,550 6,164,665
Total Taxable Value 21,937,167 24,314,058 21,937,167 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 10,008,896 .8217 12,180,718
Prod Value Qualified Acres 7,496,993 1.0095 7,426,573
Taxable Value 17,505,889   19,607,291

*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
24,994,237 3,057,070 21,937,167 0 24,994,237 21,937,167

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