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2007 ISD Summary Worksheet

098/Hansford
098-904/Spearman ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 52,418,528 .8756 59,865,838 59,865,838
B. Multi-Family Residences 426,830 N/A 426,830 426,830
C. Vacant Lots 1,350,495 N/A 1,350,495 1,350,495
D. Rural Real(Taxable) 38,527,637 .8725 44,156,761 44,156,761
F1. Commercial Real 8,792,854 N/A 8,792,854 8,792,854
F2. Industrial Real 19,057,588 N/A 19,057,588 19,057,588
G. Oil, Gas, Minerals 213,960,500 .9703 220,509,636 220,509,636
J. Utilities 41,158,475 1.3293 30,962,518 30,962,518
L1. Commercial Personal 11,216,760 N/A 11,216,760 11,216,760
L2. Industrial Personal 1,261,964 N/A 1,261,964 1,261,964
M. Other Personal 574,396 N/A 574,396 574,396
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 388,746,027 398,175,640 398,175,640
Less Total Deductions 23,593,235   25,977,250 25,977,250
Total Taxable Value 365,152,792 372,198,390 372,198,390 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 10,684,123 .9997 10,687,329
Prod Value Qualified Acres 27,843,514 .8319 33,469,432
Taxable Value 38,527,637   44,156,761

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
381,303,428 9,105,038 372,198,390 0 381,303,428 372,198,390

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range

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