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2007 ISD Summary Worksheet

202/Sabine
202-903/Hemphill ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 210,917,671 .8715 242,016,834 210,917,671
B. Multi-Family Residences 496,040 N/A 496,040 496,040
C. Vacant Lots 22,934,902 .8251 27,796,512 22,934,902
D. Rural Real(Taxable) 50,658,768 .7666 66,086,084 50,658,768
F1. Commercial Real 18,314,873 .8754 20,921,719 18,314,873
F2. Industrial Real 126,960 N/A 126,960 126,960
G. Oil, Gas, Minerals 483,254 N/A 483,254 483,254
J. Utilities 12,549,425 N/A 12,549,425 12,549,425
L1. Commercial Personal 8,291,615 N/A 8,291,615 8,291,615
L2. Industrial Personal 1,796,500 N/A 1,796,500 1,796,500
M. Other Personal 5,588,455 N/A 5,588,455 5,588,455
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 332,158,463 386,153,398 332,158,463
Less Total Deductions 58,589,836   69,441,255 58,589,836
Total Taxable Value 273,568,627 316,712,143 273,568,627 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 30,744,414 .6905 44,524,857
Prod Value Qualified Acres 19,914,354 .9236 21,561,227
Taxable Value 50,658,768   66,086,084

**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
297,249,804 23,681,177 273,568,627 0 297,249,804 273,568,627

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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