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2008 ISD Summary Worksheet

072/Erath

072-903/Stephenville ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 517,405,060 .9712 532,748,208 517,405,060
B. Multi-Family Residences 68,404,730 N/A 68,404,730 68,404,730
C. Vacant Lots 10,959,720 N/A 10,959,720 10,959,720
D. Rural Real(Taxable) 222,032,500 .8509 260,939,194 222,032,500
F1. Commercial Real 235,391,200 .9642 244,131,093 235,391,200
F2. Industrial Real 40,565,930 N/A 40,565,930 40,565,930
G. Oil, Gas, Minerals 5,318,430 N/A 5,318,430 5,318,430
J. Utilities 37,640,590 N/A 37,640,590 37,640,590
L1. Commercial Personal 94,537,870 1.0044 94,123,726 94,537,870
L2. Industrial Personal 178,844,120 N/A 178,844,120 178,844,120
M. Other Personal 9,292,280 N/A 9,292,280 9,292,280
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 2,878,330 N/A 2,878,330 2,878,330
S. Special Inventory 7,927,620 N/A 7,927,620 7,927,620
Subtotal 1,431,198,380 1,493,773,971 1,431,198,380
Less Total Deductions 202,973,539   207,804,852 202,973,539
Total Taxable Value 1,228,224,841 1,285,969,119 1,228,224,841 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 205,515,340 .8236 249,532,953
Prod Value Qualified Acres 16,517,160 1.4481 11,406,241
Taxable Value 222,032,500   260,939,194

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
1,271,598,311 1,228,224,841 1,271,598,311 1,228,224,841 1,247,652,827 1,247,652,827


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
43,373,470 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 your school district is in year one of the grace period.

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