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2010 ISD Summary Worksheet

238/Ward

238-904/Grandfalls-Royalty ISD

Category Local Tax Roll Value 2010 WTD Mean Ratio 2010 PTD Value Estimate 2010 Value Assigned
A. Single-Family Residences 2,960,850 .9354 3,165,330 2,960,850
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 1,156,710 N/A 1,156,710 1,156,710
D. Rural Real(Taxable) 3,234,420 .8799 3,675,945 3,234,420
F1. Commercial Real 306,890 N/A 306,890 306,890
F2. Industrial Real 40,660 N/A 40,660 40,660
G. Oil, Gas, Minerals 97,297,990 1.0195 95,436,969 97,297,990
J. Utilities 15,568,200 .9214 16,896,245 15,568,200
L1. Commercial Personal 175,990 N/A 175,990 175,990
L2. Industrial Personal 2,292,980 N/A 2,292,980 2,292,980
M. Other Personal 174,180 N/A 174,180 174,180
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 123,208,870 123,321,899 123,208,870
Less Total Deductions 1,901,840   1,960,693 1,901,840
Total Taxable Value 121,307,030 121,361,206 121,307,030 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 2,860,750 N/A 2,860,750
Prod Value Qualified Acres 373,670 .4584 815,195
Taxable Value 3,234,420   3,675,945

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
122,256,070 121,307,030 122,069,365 121,120,325 121,307,030 121,120,325


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
949,040 186,705


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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