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2010 ISD Summary Worksheet

043/Collin

043-919/Lovejoy ISD

Category Local Tax Roll Value 2010 WTD Mean Ratio 2010 PTD Value Estimate 2010 Value Assigned
A. Single-Family Residences 1,496,477,625 .9757 1,533,747,694 1,496,477,625
B. Multi-Family Residences 19,224,628 N/A 19,224,628 19,224,628
C. Vacant Lots 25,780,177 N/A 25,780,177 25,780,177
D. Rural Real(Taxable) 47,572,407 1.0006 47,544,605 47,572,407
F1. Commercial Real 3,128,326 N/A 3,128,326 3,128,326
F2. Industrial Real 2,214,319 N/A 2,214,319 2,214,319
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 5,850,302 .8054 7,263,847 5,850,302
L1. Commercial Personal 3,839,008 N/A 3,839,008 3,839,008
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 101,549 N/A 101,549 101,549
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 26,038,336 N/A 26,038,336 26,038,336
S. Special Inventory 0 N/A 0 0
Subtotal 1,630,226,677 1,668,882,489 1,630,226,677
Less Total Deductions 145,626,657   154,003,007 145,626,657
Total Taxable Value 1,484,600,020 1,514,879,482 1,484,600,020 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 47,291,044 N/A 47,291,044
Prod Value Qualified Acres 281,363 1.1096 253,561
Taxable Value 47,572,407   47,544,605

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
1,524,010,120 1,484,600,020 1,524,010,120 1,484,600,020 1,484,600,020 1,484,600,020


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
To the Local Optional
Percentage Homestead
Exemption
39,410,100 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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