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2007 ISD Summary Worksheet

252/Young
252-903/Olney ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 47,091,090 .9568 49,217,276 47,091,090
B. Multi-Family Residences 1,182,100 N/A 1,182,100 1,182,100
C. Vacant Lots 1,217,680 N/A 1,217,680 1,217,680
D. Rural Real(Taxable) 34,095,100 1.1197 30,449,227 34,095,100
F1. Commercial Real 7,960,980 .9566 8,322,162 7,960,980
F2. Industrial Real 3,231,540 N/A 3,231,540 3,231,540
G. Oil, Gas, Minerals 35,214,040 .9927 35,472,993 35,214,040
J. Utilities 13,347,740 .9400 14,199,723 13,347,740
L1. Commercial Personal 4,079,060 N/A 4,079,060 4,079,060
L2. Industrial Personal 40,328,610 N/A 40,328,610 40,328,610
M. Other Personal 358,660 N/A 358,660 358,660
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 5,020 N/A 5,020 5,020
S. Special Inventory 52,760 N/A 52,760 52,760
Subtotal 188,164,380 188,116,811 188,164,380
Less Total Deductions 27,006,514   27,984,504 27,006,514
Total Taxable Value 161,157,866 160,132,307 161,157,866 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 12,778,470 .9419 13,566,695
Prod Value Qualified Acres 21,316,630 1.2626 16,882,532
Taxable Value 34,095,100   30,449,227

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
171,390,466 10,232,600 161,157,866 0 171,390,466 161,157,866

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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