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2007 ISD Summary Worksheet

166/Milam
166-903/Milano ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 9,854,220 .9520 10,351,071 9,854,220
B. Multi-Family Residences 53,310 N/A 53,310 53,310
C. Vacant Lots 925,996 N/A 925,996 925,996
D. Rural Real(Taxable) 47,768,473 .9780 48,843,584 47,768,473
F1. Commercial Real 1,914,545 N/A 1,914,545 1,914,545
F2. Industrial Real 6,000 N/A 6,000 6,000
G. Oil, Gas, Minerals 3,690,720 N/A 3,690,720 3,690,720
J. Utilities 12,148,900 .9909 12,260,470 12,148,900
L1. Commercial Personal 1,461,192 N/A 1,461,192 1,461,192
L2. Industrial Personal 1,291,740 N/A 1,291,740 1,291,740
M. Other Personal 3,725,070 N/A 3,725,070 3,725,070
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 28,420 N/A 28,420 28,420
Subtotal 82,868,586 84,552,118 82,868,586
Less Total Deductions 12,796,941   13,313,860 12,796,941
Total Taxable Value 70,071,645 71,238,258 70,071,645 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 42,033,603 .9711 43,284,526
Prod Value Qualified Acres 5,734,870 1.0316 5,559,058
Taxable Value 47,768,473   48,843,584

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
75,001,325 4,929,680 70,071,645 0 75,001,325 70,071,645

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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