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2007 ISD Summary Worksheet

176/Newton
176-902/Newton ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 73,004,818 .9945 73,408,565 73,004,818
B. Multi-Family Residences 756,334 N/A 756,334 756,334
C. Vacant Lots 2,594,668 N/A 2,594,668 2,594,668
D. Rural Real(Taxable) 65,430,084 1.2087 54,133,171 65,430,084
F1. Commercial Real 8,675,647 N/A 8,675,647 8,675,647
F2. Industrial Real 10,619,748 N/A 10,619,748 10,619,748
G. Oil, Gas, Minerals 49,891,083 .9500 52,516,929 49,891,083
J. Utilities 19,133,551 1.0263 18,643,234 19,133,551
L1. Commercial Personal 4,404,670 N/A 4,404,670 4,404,670
L2. Industrial Personal 16,345,810 N/A 16,345,810 16,345,810
M. Other Personal 8,816,770 N/A 8,816,770 8,816,770
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 5,600 N/A 5,600 5,600
S. Special Inventory 0 N/A 0 0
Subtotal 259,678,783 250,921,146 259,678,783
Less Total Deductions 48,717,641   48,913,978 48,717,641
Total Taxable Value 210,961,142 202,007,168 210,961,142 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 27,900,011 .9933 28,088,202
Prod Value Qualified Acres 37,530,073 1.4410 26,044,969
Taxable Value 65,430,084   54,133,171

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
227,594,045 16,632,903 210,961,142 5,947,144 221,646,901 205,013,998

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 local value is greater than PTD value.

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