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2007 ISD Summary Worksheet

126/Johnson
126-908/Venus ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 131,091,313 .9804 133,712,070 131,091,313
B. Multi-Family Residences 874,690 N/A 874,690 874,690
C. Vacant Lots 20,617,372 .9888 20,850,902 20,617,372
D. Rural Real(Taxable) 19,595,508 .9923 19,747,938 19,595,508
F1. Commercial Real 6,672,624 N/A 6,672,624 6,672,624
F2. Industrial Real 16,328,868 N/A 16,328,868 16,328,868
G. Oil, Gas, Minerals 41,672,492 1.0074 41,366,381 41,672,492
J. Utilities 17,598,859 1.0139 17,357,589 17,598,859
L1. Commercial Personal 4,633,226 N/A 4,633,226 4,633,226
L2. Industrial Personal 5,845,088 N/A 5,845,088 5,845,088
M. Other Personal 15,960,201 N/A 15,960,201 15,960,201
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,856,734 N/A 1,856,734 1,856,734
S. Special Inventory 38,756 N/A 38,756 38,756
Subtotal 282,785,731 285,245,067 282,785,731
Less Total Deductions 29,138,856   29,498,537 29,138,856
Total Taxable Value 253,646,875 255,746,530 253,646,875 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 18,024,110 1.0239 17,603,389
Prod Value Qualified Acres 1,571,398 .7327 2,144,549
Taxable Value 19,595,508   19,747,938

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
267,757,259 14,110,384 253,646,875 0 267,757,259 253,646,875

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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