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2007 ISD Summary Worksheet

152/Lubbock
152-907/Frenship ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 1,284,587,497 .9724 1,321,048,434 1,284,587,497
B. Multi-Family Residences 148,892,108 .9760 152,553,389 148,892,108
C. Vacant Lots 90,147,526 N/A 90,147,526 90,147,526
D. Rural Real(Taxable) 66,615,693 1.1048 60,299,263 66,615,693
F1. Commercial Real 303,843,348 .9052 335,664,326 303,843,348
F2. Industrial Real 5,108,453 N/A 5,108,453 5,108,453
G. Oil, Gas, Minerals 1,747,540 N/A 1,747,540 1,747,540
J. Utilities 29,319,533 N/A 29,319,533 29,319,533
L1. Commercial Personal 105,699,359 .9991 105,794,574 105,699,359
L2. Industrial Personal 16,030,231 N/A 16,030,231 16,030,231
M. Other Personal 7,540,953 N/A 7,540,953 7,540,953
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 24,678,405 N/A 24,678,405 24,678,405
S. Special Inventory 25,779,010 N/A 25,779,010 25,779,010
Subtotal 2,109,989,656 2,175,711,637 2,109,989,656
Less Total Deductions 165,911,555   170,191,332 165,911,555
Total Taxable Value 1,944,078,101 2,005,520,305 1,944,078,101 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 47,047,213 N/A 47,047,213
Prod Value Qualified Acres 19,568,480 1.4766 13,252,050
Taxable Value 66,615,693   60,299,263

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
2,015,392,556 71,314,455 1,944,078,101 0 2,015,392,556 1,944,078,101

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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