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2007 ISD Summary Worksheet

077/Floyd
077-902/Lockney ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 23,009,400 .8865 25,955,330 23,009,400
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 306,980 N/A 306,980 306,980
D. Rural Real(Taxable) 37,451,540 1.0781 34,738,735 37,451,540
F1. Commercial Real 3,245,880 .9753 3,328,084 3,245,880
F2. Industrial Real 7,806,210 N/A 7,806,210 7,806,210
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 7,005,050 .9869 7,098,034 7,005,050
L1. Commercial Personal 5,522,630 .9933 5,559,881 5,522,630
L2. Industrial Personal 8,123,320 N/A 8,123,320 8,123,320
M. Other Personal 196,740 N/A 196,740 196,740
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 92,667,750 93,113,314 92,667,750
Less Total Deductions 12,560,038   13,718,733 12,560,038
Total Taxable Value 80,107,712 79,394,581 80,107,712 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 11,565,840 .8003 14,451,881
Prod Value Qualified Acres 25,885,700 1.2760 20,286,854
Taxable Value 37,451,540   34,738,735

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
85,571,022 5,463,310 80,107,712 0 85,571,022 80,107,712

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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