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2007 ISD Summary Worksheet

245/Willacy
245-901/Lasara ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 9,587,617 .9529 10,061,514 9,587,617
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 831,114 N/A 831,114 831,114
D. Rural Real(Taxable) 13,607,952 1.0234 13,297,041 13,607,952
F1. Commercial Real 1,209,877 N/A 1,209,877 1,209,877
F2. Industrial Real 16,600 N/A 16,600 16,600
G. Oil, Gas, Minerals 8,033,820 .9414 8,533,907 8,033,820
J. Utilities 3,795,100 1.0535 3,602,373 3,795,100
L1. Commercial Personal 475,458 N/A 475,458 475,458
L2. Industrial Personal 7,883,430 N/A 7,883,430 7,883,430
M. Other Personal 317,433 N/A 317,433 317,433
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 45,758,401 46,228,747 45,758,401
Less Total Deductions 5,558,537   5,728,900 5,558,537
Total Taxable Value 40,199,864 40,499,847 40,199,864 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 5,202,361 .9718 5,353,325
Prod Value Qualified Acres 8,405,591 1.0581 7,943,716
Taxable Value 13,607,952   13,297,041

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
43,012,987 2,813,123 40,199,864 0 43,012,987 40,199,864

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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