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2008 ISD Summary Worksheet

124/Jim Hogg

124-901/Jim Hogg ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 53,103,170 .7070 75,110,566 53,103,170
B. Multi-Family Residences 1,124,230 N/A 1,124,230 1,124,230
C. Vacant Lots 2,698,110 N/A 2,698,110 2,698,110
D. Rural Real(Taxable) 61,175,160 .6988 87,546,815 61,175,160
F1. Commercial Real 15,079,090 N/A 15,079,090 15,079,090
F2. Industrial Real 21,325,400 N/A 21,325,400 21,325,400
G. Oil, Gas, Minerals 221,055,340 1.0452 211,495,733 221,055,340
J. Utilities 54,272,620 .9924 54,688,251 54,272,620
L1. Commercial Personal 7,229,100 N/A 7,229,100 7,229,100
L2. Industrial Personal 29,481,640 N/A 29,481,640 29,481,640
M. Other Personal 321,570 N/A 321,570 321,570
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 466,865,430 506,100,505 466,865,430
Less Total Deductions 25,760,130   31,925,997 25,760,130
Total Taxable Value 441,105,300 474,174,508 441,105,300 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 17,951,590 .4698 38,211,132
Prod Value Qualified Acres 43,223,570 .8761 49,335,683
Taxable Value 61,175,160   87,546,815

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
452,001,920 441,105,300 449,213,170 438,316,550 441,946,152 439,157,402


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
10,896,620 2,788,750


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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