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2008 ISD Summary Worksheet

072/Erath

072-910/Morgan Mill ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 6,028,730 .9763 6,175,079 6,028,730
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 481,790 N/A 481,790 481,790
D. Rural Real(Taxable) 47,586,810 1.1192 42,518,940 47,586,810
F1. Commercial Real 714,390 N/A 714,390 714,390
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 18,646,960 1.0501 17,757,318 18,646,960
J. Utilities 3,545,500 .9305 3,810,317 3,545,500
L1. Commercial Personal 536,370 N/A 536,370 536,370
L2. Industrial Personal 5,625,080 N/A 5,625,080 5,625,080
M. Other Personal 1,162,710 N/A 1,162,710 1,162,710
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 84,328,340 78,781,994 84,328,340
Less Total Deductions 7,937,507   8,160,124 7,937,507
Total Taxable Value 76,390,833 70,621,870 76,390,833 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 42,395,010 1.0900 38,894,505
Prod Value Qualified Acres 5,191,800 1.4324 3,624,435
Taxable Value 47,586,810   42,518,940

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
78,759,523 76,390,833 78,759,523 76,390,833 77,043,141 77,043,141


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
2,368,690 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 invalid, but local value was certified because local value is greater than PTD value.

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