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2007 ISD Summary Worksheet

054/Crosby
054-902/Lorenzo ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 18,870,000 .9404 20,065,929 18,870,000
B. Multi-Family Residences 686,140 N/A 686,140 686,140
C. Vacant Lots 235,810 N/A 235,810 235,810
D. Rural Real(Taxable) 25,805,500 1.0136 25,460,025 25,805,500
F1. Commercial Real 2,342,920 N/A 2,342,920 2,342,920
F2. Industrial Real 626,570 N/A 626,570 626,570
G. Oil, Gas, Minerals 35,414,940 1.0409 34,023,384 35,414,940
J. Utilities 4,032,420 N/A 4,032,420 4,032,420
L1. Commercial Personal 2,459,350 .9836 2,500,356 2,459,350
L2. Industrial Personal 6,447,460 N/A 6,447,460 6,447,460
M. Other Personal 134,560 N/A 134,560 134,560
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,808,230 N/A 1,808,230 1,808,230
Subtotal 98,863,900 98,363,804 98,863,900
Less Total Deductions 8,144,350   8,559,333 8,144,350
Total Taxable Value 90,719,550 89,804,471 90,719,550 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 6,979,140 .7941 8,788,742
Prod Value Qualified Acres 18,826,360 1.1293 16,671,283
Taxable Value 25,805,500   25,460,025

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
94,023,720 3,304,170 90,719,550 0 94,023,720 90,719,550

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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