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2008 ISD Summary Worksheet

183/Panola

183-904/Gary ISD

Category Local Tax Roll Value 2008 WTD Mean Ratio 2008 PTD Value Estimate 2008 Value Assigned
A. Single-Family Residences 33,148,870 1.0006 33,128,993 33,148,870
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 1,204,690 N/A 1,204,690 1,204,690
D. Rural Real(Taxable) 24,438,030 1.0255 23,829,656 24,438,030
F1. Commercial Real 921,670 N/A 921,670 921,670
F2. Industrial Real 14,580 N/A 14,580 14,580
G. Oil, Gas, Minerals 269,133,360 .9942 270,703,440 269,133,360
J. Utilities 14,775,250 N/A 14,775,250 14,775,250
L1. Commercial Personal 3,912,910 N/A 3,912,910 3,912,910
L2. Industrial Personal 18,181,360 N/A 18,181,360 18,181,360
M. Other Personal 3,315,220 N/A 3,315,220 3,315,220
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 7,500 N/A 7,500 7,500
S. Special Inventory 0 N/A 0 0
Subtotal 369,053,440 369,995,269 369,053,440
Less Total Deductions 18,873,239   18,864,220 18,873,239
Total Taxable Value 350,180,201 351,131,049 350,180,201 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 19,197,030 1.0477 18,323,022
Prod Value Qualified Acres 5,241,000 .9518 5,506,634
Taxable Value 24,438,030   23,829,656

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
355,151,801 350,180,201 351,757,841 346,786,241 350,632,355 347,238,395


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
4,971,600 3,393,960


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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