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2011 ISD Summary Worksheet

034/Cass

034-907/Queen City ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 82,501,004 .8405 98,157,054 82,501,004
B. Multi-Family Residences 3,952,640 N/A 3,952,640 3,952,640
C. Vacant Lots 2,638,630 N/A 2,638,630 2,638,630
D. Rural Real(Taxable) 57,672,874 .9097 63,400,731 57,672,874
F1. Commercial Real 12,939,970 .8888 14,558,922 12,939,970
F2. Industrial Real 183,032,650 N/A 183,032,650 183,032,650
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 13,377,490 1.0073 13,280,542 13,377,490
L1. Commercial Personal 5,293,573 N/A 5,293,573 5,293,573
L2. Industrial Personal 47,140,840 N/A 47,140,840 47,140,840
M. Other Personal 4,835,030 N/A 4,835,030 4,835,030
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 53,350 N/A 53,350 53,350
S. Special Inventory 468,950 N/A 468,950 468,950
Subtotal 413,907,001 436,812,912 413,907,001
Less Total Deductions 49,874,794   58,634,917 49,874,794
Total Taxable Value 364,032,207 378,177,995 364,032,207 T2**

** This district is in year 2 of the grace period.

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 51,528,463 .8976 57,406,933
Prod Value Qualified Acres 6,144,411 1.0251 5,993,798
Taxable Value 57,672,874   63,400,731

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. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
378,693,374 364,032,207 368,287,598 353,626,431 364,032,207 353,626,431


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,661,167 10,405,776


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes 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

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
378,693,374 364,032,207 368,287,598 353,626,431 364,032,207 353,626,431

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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 two of the grace period.

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