Labor Day

Quick Start for:

2008 ISD Summary Worksheet

070/Ellis

070-911/Red Oak ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 1,065,656,505 1.0049 1,060,460,250 1,065,656,505
B. Multi-Family Residences 31,714,130 N/A 31,714,130 31,714,130
C. Vacant Lots 30,311,200 N/A 30,311,200 30,311,200
D. Rural Real(Taxable) 46,675,489 1.0048 46,453,449 46,675,489
F1. Commercial Real 83,468,004 .9298 89,769,847 83,468,004
F2. Industrial Real 4,365,200 N/A 4,365,200 4,365,200
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 22,020,426 N/A 22,020,426 22,020,426
L1. Commercial Personal 24,640,424 N/A 24,640,424 24,640,424
L2. Industrial Personal 1,104,060 N/A 1,104,060 1,104,060
M. Other Personal 9,885,740 N/A 9,885,740 9,885,740
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 19,666,156 N/A 19,666,156 19,666,156
S. Special Inventory 665,850 N/A 665,850 665,850
Subtotal 1,340,173,184 1,341,056,732 1,340,173,184
Less Total Deductions 147,827,810   147,074,779 147,827,810
Total Taxable Value 1,192,345,374 1,193,981,953 1,192,345,374 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 45,122,753 N/A 45,122,753
Prod Value Qualified Acres 1,552,736 1.1669 1,330,696
Taxable Value 46,675,489   46,453,449

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district Wealth (T1, T3, T4, T5 and T6) 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 T2 T3 T4 T5 T6
1,250,576,618 1,192,345,374 1,250,576,618 1,192,345,374 1,192,345,374 1,192,345,374


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
58,231,244 0


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 and the tax ceiling reduction

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

T5 = T2 Before the loss to the tax ceiling reduction

T6 = T5 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

Required Plug-ins