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2007 ISD Summary Worksheet

152/Lubbock
152-910/Idalou ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 76,897,806 .9141 84,124,063 76,897,806
B. Multi-Family Residences 1,234,897 N/A 1,234,897 1,234,897
C. Vacant Lots 2,310,841 N/A 2,310,841 2,310,841
D. Rural Real(Taxable) 42,170,600 1.1800 35,736,674 42,170,600
F1. Commercial Real 10,522,354 .9119 11,538,934 10,522,354
F2. Industrial Real 2,415,279 N/A 2,415,279 2,415,279
G. Oil, Gas, Minerals 12,413,140 .9931 12,499,386 12,413,140
J. Utilities 5,970,863 N/A 5,970,863 5,970,863
L1. Commercial Personal 48,255,627 .9735 49,569,211 48,255,627
L2. Industrial Personal 2,728,617 N/A 2,728,617 2,728,617
M. Other Personal 328,636 N/A 328,636 328,636
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 27,293 N/A 27,293 27,293
Subtotal 205,275,953 208,484,694 205,275,953
Less Total Deductions 23,087,786   25,225,460 23,087,786
Total Taxable Value 182,188,167 183,259,234 182,188,167 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 16,643,890 .8786 18,943,649
Prod Value Qualified Acres 25,526,710 1.5201 16,793,025
Taxable Value 42,170,600   35,736,674

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
189,947,943 7,759,776 182,188,167 0 189,947,943 182,188,167

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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