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2007 ISD Summary Worksheet

201/Rusk
201-903/Laneville ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 21,600,130 .9514 22,703,521 21,600,130
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 1,026,670 N/A 1,026,670 1,026,670
D. Rural Real(Taxable) 26,265,770 .8062 32,581,037 26,265,770
F1. Commercial Real 369,580 N/A 369,580 369,580
F2. Industrial Real 714,620 N/A 714,620 714,620
G. Oil, Gas, Minerals 10,690,680 1.0130 10,553,485 10,690,680
J. Utilities 30,601,870 .9255 33,065,230 30,601,870
L1. Commercial Personal 605,880 N/A 605,880 605,880
L2. Industrial Personal 1,753,220 N/A 1,753,220 1,753,220
M. Other Personal 1,802,780 N/A 1,802,780 1,802,780
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 95,431,200 105,176,023 95,431,200
Less Total Deductions 16,564,395   17,338,450 16,564,395
Total Taxable Value 78,866,805 87,837,573 78,866,805 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 19,284,320 .7371 26,162,420
Prod Value Qualified Acres 6,981,450 1.0877 6,418,617
Taxable Value 26,265,770   32,581,037

*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
83,376,525 4,509,720 78,866,805 2,621,865 80,754,660 76,244,940

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 one of the grace period.

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