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2007 ISD Summary Worksheet

244/Wilbarger
244-903/Vernon ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 185,065,050 .8831 209,562,960 185,065,050
B. Multi-Family Residences 8,156,940 N/A 8,156,940 8,156,940
C. Vacant Lots 4,800,790 N/A 4,800,790 4,800,790
D. Rural Real(Taxable) 46,984,520 .8489 55,346,788 46,984,520
F1. Commercial Real 44,862,820 .8772 51,143,206 44,862,820
F2. Industrial Real 428,925,660 N/A 428,925,660 428,925,660
G. Oil, Gas, Minerals 18,315,470 N/A 18,315,470 18,315,470
J. Utilities 56,283,600 .9664 58,240,480 56,283,600
L1. Commercial Personal 30,182,070 .9641 31,305,954 30,182,070
L2. Industrial Personal 51,574,040 N/A 51,574,040 51,574,040
M. Other Personal 1,052,710 N/A 1,052,710 1,052,710
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 876,203,670 918,424,998 876,203,670
Less Total Deductions 73,975,645   81,733,970 73,975,645
Total Taxable Value 802,228,025 836,691,028 802,228,025 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 22,997,400 .9181 25,048,905
Prod Value Qualified Acres 23,987,120 .7917 30,297,883
Taxable Value 46,984,520   55,346,788

**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
828,096,714 25,868,689 802,228,025 0 828,096,714 802,228,025

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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