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2007 ISD Summary Worksheet

070/Ellis
070-905/Ferris ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 206,266,476 .9067 227,491,426 206,266,476
B. Multi-Family Residences 2,577,320 N/A 2,577,320 2,577,320
C. Vacant Lots 8,101,236 N/A 8,101,236 8,101,236
D. Rural Real(Taxable) 47,646,520 .9140 52,128,851 47,646,520
F1. Commercial Real 20,692,505 .9238 22,399,334 20,692,505
F2. Industrial Real 4,013,210 N/A 4,013,210 4,013,210
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 14,605,160 N/A 14,605,160 14,605,160
L1. Commercial Personal 7,315,121 N/A 7,315,121 7,315,121
L2. Industrial Personal 13,290,970 N/A 13,290,970 13,290,970
M. Other Personal 17,916,770 N/A 17,916,770 17,916,770
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,326,650 N/A 1,326,650 1,326,650
S. Special Inventory 133,710 N/A 133,710 133,710
Subtotal 343,885,648 371,299,758 343,885,648
Less Total Deductions 45,624,549   49,863,208 45,624,549
Total Taxable Value 298,261,099 321,436,550 298,261,099 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 42,665,120 .9132 46,720,456
Prod Value Qualified Acres 4,981,400 .9210 5,408,395
Taxable Value 47,646,520   52,128,851

*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
315,856,308 17,595,209 298,261,099 0 315,856,308 298,261,099

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 your school district is in year one of the grace period.

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