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2009 ISD Summary Worksheet

148/Lipscomb

148-902/Follett ISD

Category Local Tax Roll Value 2009 WTD Mean Ratio 2009 PTD Value Estimate 2009 Value Assigned
A. Single-Family Residences 7,288,330 N/A 7,288,330 7,288,330
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 74,250 N/A 74,250 74,250
D. Rural Real(Taxable) 16,500,730 .8042 20,518,614 16,500,730
F1. Commercial Real 1,120,950 N/A 1,120,950 1,120,950
F2. Industrial Real 339,220 N/A 339,220 339,220
G. Oil, Gas, Minerals 254,171,781 1.0402 244,348,953 254,171,781
J. Utilities 17,741,170 .5395 32,884,467 17,741,170
L1. Commercial Personal 963,990 N/A 963,990 963,990
L2. Industrial Personal 151,280 N/A 151,280 151,280
M. Other Personal 127,639 N/A 127,639 127,639
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 298,479,340 307,817,693 298,479,340
Less Total Deductions 3,859,180   3,859,180 3,859,180
Total Taxable Value 294,620,160 303,958,513 294,620,160 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 6,644,400 .8727 7,613,613
Prod Value Qualified Acres 9,856,330 .7638 12,905,001
Taxable Value 16,500,730   20,518,614

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
296,172,650 294,620,160 296,172,650 294,620,160 294,818,701 294,818,701


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
1,552,490 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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