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2010 ISD Summary Worksheet

026/Burleson

026-902/Somerville ISD

Category Local Tax Roll Value 2010 WTD Mean Ratio 2010 PTD Value Estimate 2010 Value Assigned
A. Single-Family Residences 64,856,810 .8686 74,668,213 64,856,810
B. Multi-Family Residences 150,530 N/A 150,530 150,530
C. Vacant Lots 11,587,750 N/A 11,587,750 11,587,750
D. Rural Real(Taxable) 48,228,930 1.0166 47,439,082 48,228,930
F1. Commercial Real 10,965,150 .7336 14,947,042 10,965,150
F2. Industrial Real 2,656,230 N/A 2,656,230 2,656,230
G. Oil, Gas, Minerals 29,757,930 .9604 30,984,933 29,757,930
J. Utilities 24,117,500 .9817 24,567,078 24,117,500
L1. Commercial Personal 6,964,900 N/A 6,964,900 6,964,900
L2. Industrial Personal 31,853,030 N/A 31,853,030 31,853,030
M. Other Personal 5,281,240 N/A 5,281,240 5,281,240
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,270 N/A 2,270 2,270
Subtotal 236,422,270 251,102,298 236,422,270
Less Total Deductions 42,454,759   46,382,212 42,454,759
Total Taxable Value 193,967,511 204,720,086 193,967,511 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 43,822,190 .9868 44,408,381
Prod Value Qualified Acres 4,406,740 1.4540 3,030,701
Taxable Value 48,228,930   47,439,082

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
205,476,223 193,967,511 205,476,223 193,967,511 193,967,511 193,967,511


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
11,508,712 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 invalid, but local value was certified because your school district is in year one of the grace period.

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