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2008 ISD Summary Worksheet

054/Crosby

054-902/Lorenzo ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 20,633,450 .9952 20,732,968 20,633,450
B. Multi-Family Residences 704,180 N/A 704,180 704,180
C. Vacant Lots 250,790 N/A 250,790 250,790
D. Rural Real(Taxable) 20,105,250 1.0246 19,623,278 20,105,250
F1. Commercial Real 1,988,410 N/A 1,988,410 1,988,410
F2. Industrial Real 559,700 N/A 559,700 559,700
G. Oil, Gas, Minerals 56,252,880 1.0163 55,350,664 56,252,880
J. Utilities 3,123,580 N/A 3,123,580 3,123,580
L1. Commercial Personal 2,247,820 N/A 2,247,820 2,247,820
L2. Industrial Personal 6,658,360 N/A 6,658,360 6,658,360
M. Other Personal 116,500 N/A 116,500 116,500
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,967,710 N/A 1,967,710 1,967,710
Subtotal 114,608,630 113,323,960 114,608,630
Less Total Deductions 8,836,930   8,873,113 8,836,930
Total Taxable Value 105,771,700 104,450,847 105,771,700 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 5,369,120 1.0485 5,120,763
Prod Value Qualified Acres 14,736,130 1.0161 14,502,515
Taxable Value 20,105,250   19,623,278

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
108,846,050 105,771,700 108,846,050 105,771,700 106,202,886 106,202,886


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
3,074,350 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

152/Lubbock

054-902/Lorenzo ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 1,092,574 .9831 1,111,356 1,092,574
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 158,110 N/A 158,110 158,110
D. Rural Real(Taxable) 9,716,828 1.2327 7,882,507 9,716,828
F1. Commercial Real 588,612 N/A 588,612 588,612
F2. Industrial Real 49,967 N/A 49,967 49,967
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 821,380 1.1723 700,657 821,380
L1. Commercial Personal 591,559 N/A 591,559 591,559
L2. Industrial Personal 611,330 N/A 611,330 611,330
M. Other Personal 0 N/A 0 0
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 13,630,360 11,694,098 13,630,360
Less Total Deductions 440,221   447,386 440,221
Total Taxable Value 13,190,139 11,246,712 13,190,139 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 2,145,814 .9531 2,251,405
Prod Value Qualified Acres 7,571,014 1.3445 5,631,102
Taxable Value 9,716,828   7,882,507

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
13,330,139 13,190,139 13,330,139 13,190,139 13,190,139 13,190,139


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
140,000 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.

054-902/Lorenzo ISD


Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 21,726,024 .9946 21,844,324 21,726,024
B. Multi-Family Residences 704,180 N/A 704,180 704,180
C. Vacant Lots 408,900 N/A 408,900 408,900
D. Rural Real(Taxable) 29,822,078 1.0842 27,505,785 29,822,078
F1. Commercial Real 2,577,022 N/A 2,577,022 2,577,022
F2. Industrial Real 609,667 N/A 609,667 609,667
G. Oil, Gas, Minerals 56,252,880 1.0163 55,350,664 56,252,880
J. Utilities 3,944,960 1.0316 3,824,237 3,944,960
L1. Commercial Personal 2,839,379 N/A 2,839,379 2,839,379
L2. Industrial Personal 7,269,690 N/A 7,269,690 7,269,690
M. Other Personal 116,500 N/A 116,500 116,500
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,967,710 N/A 1,967,710 1,967,710
Subtotal 128,238,990 125,018,058 128,238,990
Less Total Deductions 9,277,151   9,320,499 9,277,151
Total Taxable Value 118,961,839 115,697,559 118,961,839 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 7,514,934 1.0194 7,372,168
Prod Value Qualified Acres 22,307,144 1.1080 20,133,617
Taxable Value 29,822,078   27,505,785

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

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