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2007 ISD Summary Worksheet

044/Collingsworth
044-902/Wellington ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 33,066,800 .9242 35,778,836 35,778,836
B. Multi-Family Residences 256,760 N/A 256,760 256,760
C. Vacant Lots 321,930 N/A 321,930 321,930
D. Rural Real(Taxable) 38,140,220 .8169 46,690,487 46,690,487
F1. Commercial Real 5,425,050 .9326 5,817,124 5,817,124
F2. Industrial Real 5,832,450 N/A 5,832,450 5,832,450
G. Oil, Gas, Minerals 3,070 N/A 3,070 3,070
J. Utilities 6,593,890 .9671 6,818,209 6,818,209
L1. Commercial Personal 5,227,430 .9357 5,586,652 5,586,652
L2. Industrial Personal 506,020 N/A 506,020 506,020
M. Other Personal 73,430 N/A 73,430 73,430
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 95,447,050 107,684,968 107,684,968
Less Total Deductions 15,751,640   16,716,466 16,716,466
Total Taxable Value 79,695,410 90,968,502 90,968,502 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 7,327,730 .9961 7,356,420
Prod Value Qualified Acres 30,812,490 .7834 39,334,067
Taxable Value 38,140,220   46,690,487

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
97,668,352 6,699,850 90,968,502 0 97,668,352 90,968,502

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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