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2007 ISD Summary Worksheet

242/Wheeler
242-902/Shamrock ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 28,605,326 .9314 30,712,182 28,605,326
B. Multi-Family Residences 228,980 N/A 228,980 228,980
C. Vacant Lots 685,050 N/A 685,050 685,050
D. Rural Real(Taxable) 22,975,204 .9075 25,316,042 22,975,204
F1. Commercial Real 16,814,600 .9381 17,924,102 16,814,600
F2. Industrial Real 153,455 N/A 153,455 153,455
G. Oil, Gas, Minerals 59,644,010 1.1301 52,777,639 59,644,010
J. Utilities 15,839,880 .9779 16,197,853 15,839,880
L1. Commercial Personal 8,620,263 N/A 8,620,263 8,620,263
L2. Industrial Personal 1,013,160 N/A 1,013,160 1,013,160
M. Other Personal 502,092 N/A 502,092 502,092
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 760 N/A 760 760
Subtotal 155,082,780 154,131,578 155,082,780
Less Total Deductions 17,122,434   18,205,722 17,122,434
Total Taxable Value 137,960,346 135,925,856 137,960,346 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 11,434,844 .9282 12,319,375
Prod Value Qualified Acres 11,540,360 .8879 12,996,667
Taxable Value 22,975,204   25,316,042

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
143,877,245 5,916,899 137,960,346 0 143,877,245 137,960,346

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 to be valid, and local value was certified

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