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2008 ISD Summary Worksheet

161/McLennan

161-925/Gholson ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 19,936,537 .9621 20,721,897 19,936,537
B. Multi-Family Residences 271,879 N/A 271,879 271,879
C. Vacant Lots 1,344,990 N/A 1,344,990 1,344,990
D. Rural Real(Taxable) 17,410,927 .9985 17,436,699 17,410,927
F1. Commercial Real 208,805 N/A 208,805 208,805
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 547,846 N/A 547,846 547,846
L1. Commercial Personal 926,417 N/A 926,417 926,417
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 1,714,631 N/A 1,714,631 1,714,631
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 5,120 N/A 5,120 5,120
Subtotal 42,367,152 43,178,284 42,367,152
Less Total Deductions 9,225,873   9,595,400 9,225,873
Total Taxable Value 33,141,279 33,582,884 33,141,279 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 16,237,825 .9874 16,445,032
Prod Value Qualified Acres 1,173,102 1.1830 991,667
Taxable Value 17,410,927   17,436,699

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
36,294,256 33,141,279 36,294,256 33,141,279 34,241,087 34,241,087


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
3,152,977 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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