Quick Start for:

2007 ISD Summary Worksheet

240/Webb
240-901/Laredo ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 1,184,119,746 .9325 1,269,833,508 1,184,119,746
B. Multi-Family Residences 151,477,394 .9523 159,064,784 151,477,394
C. Vacant Lots 65,134,039 N/A 65,134,039 65,134,039
D. Rural Real(Taxable) 678,970 .9993 679,474 678,970
F1. Commercial Real 639,300,272 .9570 668,025,363 639,300,272
F2. Industrial Real 3,668,080 N/A 3,668,080 3,668,080
G. Oil, Gas, Minerals 186,700 N/A 186,700 186,700
J. Utilities 84,234,990 N/A 84,234,990 84,234,990
L1. Commercial Personal 182,929,238 .9861 185,507,796 182,929,238
L2. Industrial Personal 41,550,460 N/A 41,550,460 41,550,460
M. Other Personal 14,570,360 N/A 14,570,360 14,570,360
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 9,540,170 N/A 9,540,170 9,540,170
Subtotal 2,377,390,419 2,501,995,724 2,377,390,419
Less Total Deductions 343,699,300   370,216,657 343,699,300
Total Taxable Value 2,033,691,119 2,131,779,067 2,033,691,119 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 677,400 N/A 677,400
Prod Value Qualified Acres 1,570 .7570 2,074
Taxable Value 678,970   679,474

*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
2,140,484,444 106,793,325 2,033,691,119 0 2,140,484,444 2,033,691,119

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.

Required Plug-ins