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2007 ISD Summary Worksheet

167/Mills
167-903/Star ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 909,500 N/A 909,500 909,500
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 26,790 N/A 26,790 26,790
D. Rural Real(Taxable) 19,934,510 .9484 21,019,004 19,934,510
F1. Commercial Real 226,680 N/A 226,680 226,680
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 2,571,500 .8776 2,930,150 2,571,500
L1. Commercial Personal 225,800 N/A 225,800 225,800
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 118,390 N/A 118,390 118,390
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 41,370 N/A 41,370 41,370
Subtotal 24,054,540 25,497,684 24,054,540
Less Total Deductions 2,804,233   2,804,233 2,804,233
Total Taxable Value 21,250,307 22,693,451 21,250,307 T2**

** This district is in year 2 of the grace period.

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 12,813,430 .9534 13,439,721
Prod Value Qualified Acres 7,121,080 .9395 7,579,283
Taxable Value 19,934,510   21,019,004

**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
22,210,017 959,710 21,250,307 0 22,210,017 21,250,307

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 invalid, but local value was certified because your school district is in year two of the grace period.

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