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2007 ISD Summary Worksheet

077/Floyd
077-901/Floydada ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 43,370,020 .9598 45,186,518 43,370,020
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 697,250 N/A 697,250 697,250
D. Rural Real(Taxable) 70,645,500 .9456 74,709,369 70,645,500
F1. Commercial Real 8,780,470 .9720 9,033,405 8,780,470
F2. Industrial Real 5,614,360 N/A 5,614,360 5,614,360
G. Oil, Gas, Minerals 11,750 N/A 11,750 11,750
J. Utilities 13,355,520 1.1154 11,973,749 13,355,520
L1. Commercial Personal 9,256,390 1.0052 9,208,506 9,256,390
L2. Industrial Personal 1,601,570 N/A 1,601,570 1,601,570
M. Other Personal 165,980 N/A 165,980 165,980
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 153,498,810 158,202,457 153,498,810
Less Total Deductions 23,598,607   24,361,897 23,598,607
Total Taxable Value 129,900,203 133,840,560 129,900,203 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 17,647,470 .6682 26,410,461
Prod Value Qualified Acres 52,998,030 1.0973 48,298,908
Taxable Value 70,645,500   74,709,369

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
140,098,723 10,198,520 129,900,203 0 140,098,723 129,900,203

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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