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2011 ISD Summary Worksheet

039/Clay

039-903/Petrolia ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTD Value Estimate 2011 Value Assigned
A. Single-Family Residences 50,686,780 N/A 50,686,780 50,686,780
B. Multi-Family Residences 100,120 N/A 100,120 100,120
C. Vacant Lots 1,365,040 N/A 1,365,040 1,365,040
D. Rural Real(Taxable) 30,690,980 N/A 30,690,980 30,690,980
F1. Commercial Real 1,698,320 N/A 1,698,320 1,698,320
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 4,221,610 N/A 4,221,610 4,221,610
J. Utilities 18,182,940 N/A 18,182,940 18,182,940
L1. Commercial Personal 2,460,810 N/A 2,460,810 2,460,810
L2. Industrial Personal 554,960 N/A 554,960 554,960
M. Other Personal 3,622,510 N/A 3,622,510 3,622,510
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 36,150 N/A 36,150 36,150
Subtotal 113,620,220 113,620,220 113,620,220
Less Total Deductions 15,986,500   15,986,500 15,986,500
Total Taxable Value 97,633,720 97,633,720 97,633,720 T2

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 22,267,990 N/A 22,267,990
Prod Value Qualified Acres 8,422,990 N/A 8,422,990
Taxable Value 30,690,980   30,690,980

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
103,709,090 97,633,720 103,709,090 97,633,720 97,633,720 97,633,720


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,075,370 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
103,709,090 97,633,720 103,709,090 97,633,720 97,633,720 97,633,720

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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