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2011 ISD Summary Worksheet

250/Wood

250-904/Quitman ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 220,818,958 1.0246 215,517,234 220,818,958
B. Multi-Family Residences 4,400,360 N/A 4,400,360 4,400,360
C. Vacant Lots 9,016,150 N/A 9,016,150 9,016,150
D. Rural Real(Taxable) 120,982,557 1.0853 111,471,934 120,982,557
F1. Commercial Real 32,742,805 .9255 35,378,504 32,742,805
F2. Industrial Real 28,980 N/A 28,980 28,980
G. Oil, Gas, Minerals 66,635,550 1.0210 65,264,985 66,635,550
J. Utilities 18,747,220 N/A 18,747,220 18,747,220
L1. Commercial Personal 9,949,940 N/A 9,949,940 9,949,940
L2. Industrial Personal 6,164,260 N/A 6,164,260 6,164,260
M. Other Personal 1,899,870 N/A 1,899,870 1,899,870
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 2,682,470 N/A 2,682,470 2,682,470
S. Special Inventory 115,140 N/A 115,140 115,140
Subtotal 494,184,260 480,637,047 494,184,260
Less Total Deductions 88,539,199   85,757,157 88,539,199
Total Taxable Value 405,645,061 394,879,890 405,645,061 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 110,138,509 1.0611 103,796,540
Prod Value Qualified Acres 10,844,048 1.4128 7,675,394
Taxable Value 120,982,557   111,471,934

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
429,200,873 405,645,061 429,200,873 405,645,061 413,590,320 413,590,320


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,555,812 0


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
429,200,873 405,645,061 429,200,873 405,645,061 413,590,320 413,590,320

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 to be valid, and local value was certified

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