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2008 ISD Summary Worksheet

161/McLennan

161-906/La Vega ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 185,160,760 .9862 187,751,734 185,160,760
B. Multi-Family Residences 10,841,507 N/A 10,841,507 10,841,507
C. Vacant Lots 10,340,492 N/A 10,340,492 10,340,492
D. Rural Real(Taxable) 17,418,219 1.0115 17,220,964 17,418,219
F1. Commercial Real 126,174,344 .9749 129,422,858 126,174,344
F2. Industrial Real 98,831,411 N/A 98,831,411 98,831,411
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 20,230,911 N/A 20,230,911 20,230,911
L1. Commercial Personal 132,700,152 1.0070 131,777,708 132,700,152
L2. Industrial Personal 32,517,759 N/A 32,517,759 32,517,759
M. Other Personal 5,408,200 N/A 5,408,200 5,408,200
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 272,094 N/A 272,094 272,094
S. Special Inventory 411,008 N/A 411,008 411,008
Subtotal 640,306,857 645,026,646 640,306,857
Less Total Deductions 65,979,449   66,781,420 65,979,449
Total Taxable Value 574,327,408 578,245,226 574,327,408 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 16,243,281 N/A 16,243,281
Prod Value Qualified Acres 1,174,938 1.2018 977,683
Taxable Value 17,418,219   17,220,964

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
596,783,741 574,327,408 596,783,741 574,327,408 578,933,914 578,933,914


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
22,456,333 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

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