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2007 ISD Summary Worksheet

034/Cass
034-903/Hughes Springs ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 64,579,770 .9421 68,548,742 68,548,742
B. Multi-Family Residences 2,908,110 N/A 2,908,110 2,908,110
C. Vacant Lots 1,933,000 N/A 1,933,000 1,933,000
D. Rural Real(Taxable) 60,068,100 .9323 64,428,220 64,428,220
F1. Commercial Real 9,073,760 .8341 10,878,504 10,878,504
F2. Industrial Real 8,377,950 N/A 8,377,950 8,377,950
G. Oil, Gas, Minerals 241,310 N/A 241,310 241,310
J. Utilities 9,444,100 1.0617 8,895,262 8,895,262
L1. Commercial Personal 6,000,130 N/A 6,000,130 6,000,130
L2. Industrial Personal 218,161,970 N/A 218,161,970 218,161,970
M. Other Personal 2,094,450 N/A 2,094,450 2,094,450
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 594,800 N/A 594,800 594,800
Subtotal 383,477,450 393,062,448 393,062,448
Less Total Deductions 45,729,653   48,432,096 48,432,096
Total Taxable Value 337,747,797 344,630,352 344,630,352 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 52,392,600 .9104 57,548,989
Prod Value Qualified Acres 7,675,500 1.1157 6,879,231
Taxable Value 60,068,100   64,428,220

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
357,622,722 12,992,370 344,630,352 0 357,622,722 344,630,352

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range

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