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2007 ISD Summary Worksheet

170/Montgomery
170-904/Willis ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 1,346,629,875 .9719 1,385,564,230 1,346,629,875
B. Multi-Family Residences 6,439,181 N/A 6,439,181 6,439,181
C. Vacant Lots 108,992,544 .9922 109,849,369 108,992,544
D. Rural Real(Taxable) 117,082,635 .9576 122,270,147 117,082,635
F1. Commercial Real 133,154,971 .9543 139,531,563 133,154,971
F2. Industrial Real 50,071,143 N/A 50,071,143 50,071,143
G. Oil, Gas, Minerals 103,680 N/A 103,680 103,680
J. Utilities 54,887,258 N/A 54,887,258 54,887,258
L1. Commercial Personal 80,916,895 .9806 82,517,739 80,916,895
L2. Industrial Personal 37,874,471 N/A 37,874,471 37,874,471
M. Other Personal 10,498,318 N/A 10,498,318 10,498,318
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 15,469,160 N/A 15,469,160 15,469,160
S. Special Inventory 686,572 N/A 686,572 686,572
Subtotal 1,962,806,703 2,015,762,831 1,962,806,703
Less Total Deductions 282,746,384   293,055,354 282,746,384
Total Taxable Value 1,680,060,319 1,722,707,477 1,680,060,319 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 81,926,051 .9323 87,875,202
Prod Value Qualified Acres 35,156,584 1.0221 34,394,945
Taxable Value 117,082,635   122,270,147

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
1,757,393,405 77,333,086 1,680,060,319 0 1,757,393,405 1,680,060,319

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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