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2007 ISD Summary Worksheet

092/Gregg
092-902/Kilgore ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 454,761,630 .9737 467,044,911 454,761,630
B. Multi-Family Residences 18,431,830 N/A 18,431,830 18,431,830
C. Vacant Lots 10,362,702 N/A 10,362,702 10,362,702
D. Rural Real(Taxable) 98,853,654 .9559 103,412,103 98,853,654
F1. Commercial Real 115,892,846 .9456 122,560,116 115,892,846
F2. Industrial Real 34,346,290 N/A 34,346,290 34,346,290
G. Oil, Gas, Minerals 183,501,670 1.0306 178,053,241 183,501,670
J. Utilities 46,556,180 N/A 46,556,180 46,556,180
L1. Commercial Personal 168,321,125 1.0380 162,159,080 168,321,125
L2. Industrial Personal 334,610,195 N/A 334,610,195 334,610,195
M. Other Personal 2,537,370 N/A 2,537,370 2,537,370
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,163,830 N/A 1,163,830 1,163,830
S. Special Inventory 8,320,910 N/A 8,320,910 8,320,910
Subtotal 1,477,660,232 1,489,558,758 1,477,660,232
Less Total Deductions 191,676,887   195,794,386 191,676,887
Total Taxable Value 1,285,983,345 1,293,764,372 1,285,983,345 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 94,553,744 .9465 99,898,303
Prod Value Qualified Acres 4,299,910 1.2237 3,513,800
Taxable Value 98,853,654   103,412,103

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
1,329,449,266 43,465,921 1,285,983,345 38,715,470 1,290,733,796 1,247,267,875

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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