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2008 ISD Summary Worksheet

153/Lynn

153-905/New Home ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 11,760,790 1.0117 11,624,780 11,624,780
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 414,590 N/A 414,590 414,590
D. Rural Real(Taxable) 29,236,640 .8769 33,341,089 33,341,089
F1. Commercial Real 564,800 N/A 564,800 564,800
F2. Industrial Real 1,909,940 N/A 1,909,940 1,909,940
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,766,830 .9255 4,070,049 4,070,049
L1. Commercial Personal 557,650 N/A 557,650 557,650
L2. Industrial Personal 1,777,370 N/A 1,777,370 1,777,370
M. Other Personal 165,200 N/A 165,200 165,200
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 50,153,810 54,425,468 54,425,468
Less Total Deductions 7,015,912   6,920,947 6,920,947
Total Taxable Value 43,137,898 47,504,521 47,504,521 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 12,479,480 .9771 12,771,958
Prod Value Qualified Acres 16,757,160 .8147 20,569,131
Taxable Value 29,236,640   33,341,089

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
49,396,551 47,504,521 49,396,551 47,504,521 47,504,521 47,504,521


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
1,892,030 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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range

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