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2007 ISD Summary Worksheet

091/Grayson
091-906/Sherman ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 935,410,910 .9851 949,559,344 935,410,910
B. Multi-Family Residences 130,517,792 .7717 169,130,222 130,517,792
C. Vacant Lots 36,200,725 N/A 36,200,725 36,200,725
D. Rural Real(Taxable) 47,706,852 1.0264 46,478,244 47,706,852
F1. Commercial Real 468,668,750 .8188 572,384,893 468,668,750
F2. Industrial Real 135,878,823 N/A 135,878,823 135,878,823
G. Oil, Gas, Minerals 50,324,580 N/A 50,324,580 50,324,580
J. Utilities 60,309,176 N/A 60,309,176 60,309,176
L1. Commercial Personal 229,151,362 .9782 234,258,191 229,151,362
L2. Industrial Personal 256,352,953 N/A 256,352,953 256,352,953
M. Other Personal 5,168,374 N/A 5,168,374 5,168,374
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 5,251,325 N/A 5,251,325 5,251,325
S. Special Inventory 15,534,538 N/A 15,534,538 15,534,538
Subtotal 2,376,476,160 2,536,831,388 2,376,476,160
Less Total Deductions 316,529,913   320,698,360 316,529,913
Total Taxable Value 2,059,946,247 2,216,133,028 2,059,946,247 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 43,833,575 N/A 43,833,575
Prod Value Qualified Acres 3,873,277 1.4646 2,644,669
Taxable Value 47,706,852   46,478,244

*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
2,134,385,577 74,439,330 2,059,946,247 0 2,134,385,577 2,059,946,247

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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