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2007 ISD Summary Worksheet

250/Wood
250-904/Quitman ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 188,914,110 .9993 189,046,443 188,914,110
B. Multi-Family Residences 3,861,680 N/A 3,861,680 3,861,680
C. Vacant Lots 7,471,201 N/A 7,471,201 7,471,201
D. Rural Real(Taxable) 110,337,664 1.0159 108,614,387 110,337,664
F1. Commercial Real 32,007,400 .8207 39,000,122 32,007,400
F2. Industrial Real 43,240 N/A 43,240 43,240
G. Oil, Gas, Minerals 81,208,650 1.0357 78,409,433 81,208,650
J. Utilities 19,099,110 N/A 19,099,110 19,099,110
L1. Commercial Personal 14,806,800 N/A 14,806,800 14,806,800
L2. Industrial Personal 2,260,750 N/A 2,260,750 2,260,750
M. Other Personal 1,605,210 N/A 1,605,210 1,605,210
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 3,114,040 N/A 3,114,040 3,114,040
S. Special Inventory 1,655,400 N/A 1,655,400 1,655,400
Subtotal 466,385,255 468,987,816 466,385,255
Less Total Deductions 77,984,656   78,052,796 77,984,656
Total Taxable Value 388,400,599 390,935,020 388,400,599 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 99,268,634 .9782 101,480,918
Prod Value Qualified Acres 11,069,030 1.5517 7,133,469
Taxable Value 110,337,664   108,614,387

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
407,509,857 19,109,258 388,400,599 0 407,509,857 388,400,599

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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