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2007 ISD Summary Worksheet

219/Swisher
219-905/Kress ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 8,047,370 .9262 8,688,588 8,688,588
B. Multi-Family Residences 35,220 N/A 35,220 35,220
C. Vacant Lots 112,570 N/A 112,570 112,570
D. Rural Real(Taxable) 33,164,024 .9427 35,179,766 35,179,766
F1. Commercial Real 909,350 N/A 909,350 909,350
F2. Industrial Real 1,512,220 N/A 1,512,220 1,512,220
G. Oil, Gas, Minerals 12,480 N/A 12,480 12,480
J. Utilities 8,849,670 1.0050 8,805,642 8,805,642
L1. Commercial Personal 1,226,660 N/A 1,226,660 1,226,660
L2. Industrial Personal 1,504,830 N/A 1,504,830 1,504,830
M. Other Personal 404,320 N/A 404,320 404,320
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 55,778,714 58,391,646 58,391,646
Less Total Deductions 6,517,432   6,959,508 6,959,508
Total Taxable Value 49,261,282 51,432,138 51,432,138 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 12,847,501 .8700 14,767,243
Prod Value Qualified Acres 20,316,523 .9953 20,412,523
Taxable Value 33,164,024   35,179,766

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
54,082,739 2,650,601 51,432,138 0 54,082,739 51,432,138

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range

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