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2007 ISD Summary Worksheet

072/Erath
072-910/Morgan Mill ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 6,003,410 1.1009 5,453,184 6,003,410
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 481,790 N/A 481,790 481,790
D. Rural Real(Taxable) 43,493,880 .9834 44,229,926 43,493,880
F1. Commercial Real 667,440 N/A 667,440 667,440
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 6,719,770 .9301 7,224,782 6,719,770
J. Utilities 4,579,680 1.0882 4,208,491 4,579,680
L1. Commercial Personal 481,040 N/A 481,040 481,040
L2. Industrial Personal 9,000 N/A 9,000 9,000
M. Other Personal 1,197,960 N/A 1,197,960 1,197,960
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 63,633,970 63,953,613 63,633,970
Less Total Deductions 7,197,024   6,394,560 7,197,024
Total Taxable Value 56,436,946 57,559,053 56,436,946 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 39,098,970 .9631 40,596,999
Prod Value Qualified Acres 4,394,910 1.2097 3,632,927
Taxable Value 43,493,880   44,229,926

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
58,794,056 2,357,110 56,436,946 0 58,794,056 56,436,946

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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