Holiday Hours
Quick Start for:

2008 ISD Summary Worksheet

148/Lipscomb

148-902/Follett ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 7,014,089 N/A 7,014,089 7,014,089
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 70,806 N/A 70,806 70,806
D. Rural Real(Taxable) 16,512,930 .9691 17,039,393 16,512,930
F1. Commercial Real 1,126,883 N/A 1,126,883 1,126,883
F2. Industrial Real 336,349 N/A 336,349 336,349
G. Oil, Gas, Minerals 234,544,348 1.0213 229,652,745 234,544,348
J. Utilities 9,466,560 N/A 9,466,560 9,466,560
L1. Commercial Personal 866,160 N/A 866,160 866,160
L2. Industrial Personal 10,201,720 N/A 10,201,720 10,201,720
M. Other Personal 127,636 N/A 127,636 127,636
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 280,267,481 275,902,341 280,267,481
Less Total Deductions 3,746,567   3,746,567 3,746,567
Total Taxable Value 276,520,914 272,155,774 276,520,914 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 6,636,295 .9265 7,162,758
Prod Value Qualified Acres 9,876,635 1.0000 9,876,635
Taxable Value 16,512,930   17,039,393

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
278,034,764 276,520,914 278,034,764 276,520,914 276,723,483 276,723,483


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
1,513,850 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