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2007 ISD Summary Worksheet

116/Hunt
116-903/Commerce ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 141,394,320 .9777 144,619,331 144,619,331
B. Multi-Family Residences 35,351,340 .8547 41,361,109 41,361,109
C. Vacant Lots 5,675,500 N/A 5,675,500 5,675,500
D. Rural Real(Taxable) 57,778,730 1.0367 55,730,920 55,730,920
F1. Commercial Real 38,022,020 .7639 49,773,557 49,773,557
F2. Industrial Real 23,721,060 N/A 23,721,060 23,721,060
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 27,654,980 1.0136 27,283,919 27,283,919
L1. Commercial Personal 24,021,190 .9933 24,183,218 24,183,218
L2. Industrial Personal 114,292,090 N/A 114,292,090 114,292,090
M. Other Personal 3,687,270 N/A 3,687,270 3,687,270
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 317,600 N/A 317,600 317,600
S. Special Inventory 4,283,940 N/A 4,283,940 4,283,940
Subtotal 476,200,040 494,929,514 494,929,514
Less Total Deductions 47,785,754   48,846,050 48,846,050
Total Taxable Value 428,414,286 446,083,464 446,083,464 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 52,057,970 1.0417 49,974,052
Prod Value Qualified Acres 5,720,760 .9937 5,756,868
Taxable Value 57,778,730   55,730,920

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
464,050,982 17,967,518 446,083,464 0 464,050,982 446,083,464

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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