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2007 ISD Summary Worksheet

252/Young
252-902/Newcastle ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 4,782,990 .9792 4,884,589 4,782,990
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 203,620 N/A 203,620 203,620
D. Rural Real(Taxable) 18,399,800 1.1733 15,681,872 18,399,800
F1. Commercial Real 689,820 N/A 689,820 689,820
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 18,744,110 .9977 18,787,321 18,744,110
J. Utilities 4,740,550 .9792 4,841,248 4,740,550
L1. Commercial Personal 458,510 N/A 458,510 458,510
L2. Industrial Personal 148,890 N/A 148,890 148,890
M. Other Personal 145,860 N/A 145,860 145,860
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 48,314,150 45,841,730 48,314,150
Less Total Deductions 4,970,654   5,043,973 4,970,654
Total Taxable Value 43,343,496 40,797,757 43,343,496 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 7,512,640 .9767 7,691,860
Prod Value Qualified Acres 10,887,160 1.3626 7,990,012
Taxable Value 18,399,800   15,681,872

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
45,419,936 2,076,440 43,343,496 0 45,419,936 43,343,496

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 local value is greater than PTD value.

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