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2008 ISD Summary Worksheet

238/Ward

238-904/Grandfalls-Royalty ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 2,978,140 N/A 2,978,140 2,978,140
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 1,792,230 N/A 1,792,230 1,792,230
D. Rural Real(Taxable) 3,221,060 .6695 4,811,221 3,221,060
F1. Commercial Real 407,230 N/A 407,230 407,230
F2. Industrial Real 10,660 N/A 10,660 10,660
G. Oil, Gas, Minerals 152,948,550 .9871 154,947,371 152,948,550
J. Utilities 19,032,240 .9574 19,879,089 19,032,240
L1. Commercial Personal 333,430 N/A 333,430 333,430
L2. Industrial Personal 7,546,800 N/A 7,546,800 7,546,800
M. Other Personal 191,040 N/A 191,040 191,040
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 188,461,380 192,897,211 188,461,380
Less Total Deductions 1,805,760   1,805,760 1,805,760
Total Taxable Value 186,655,620 191,091,451 186,655,620 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 2,849,370 .7115 4,004,736
Prod Value Qualified Acres 371,690 .4609 806,485
Taxable Value 3,221,060   4,811,221

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
187,558,890 186,655,620 187,381,080 186,477,810 186,682,035 186,504,225


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
903,270 177,810


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

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