DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 14:46:46 2005 ISD SUMMARY WORKSHEET REPT: PTS265 043/Collin VRSN: W 043-911/Princeton ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 264,938,333 .9918 267,128,789 264,938,333 B. MULTIFAMILY RESIDENCES 4,691,768 ** 4,691,768 4,691,768 C. VACANT LOTS 18,321,432 .9740 18,810,505 18,321,432 D. RURAL REAL(TAXABLE) 55,443,911 .8825 62,827,947 55,443,911 F1. COMMERCIAL REAL 22,591,846 .9424 23,972,672 22,591,846 F2. INDUSTRIAL REAL 1,053,397 ** 1,053,397 1,053,397 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 14,042,581 .9637 14,571,527 14,042,581 L1. COMMERCIAL PERSONAL 9,229,285 ** 9,229,285 9,229,285 L2. INDUSTRIAL PERSONAL 1,073,071 ** 1,073,071 1,073,071 M. MOBILE HOMES 12,528,374 ** 12,528,374 12,528,374 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 13,643,807 ** 13,643,807 13,643,807 S. SPECIAL INVENTORY 739,100 ** 739,100 739,100 ___________________ ___________________ ___________________ SUBTOTAL 418,296,905 430,270,242 418,296,905 LESS TOTAL DEDUCTIONS 55,343,569 55,660,880 55,343,569 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 362,953,336 374,609,362 362,953,336 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 44,059,952 44,059,952 MKT VALUE NON-QUAL CAP VALUE LOSS 1,475,963 1,488,166 ACRES & FRM/RNCH IMPRV 53,101,202 .8746 60,714,843 OVER 65 FREZ LOSS 9,607,128 9,912,236 PROD VAL QUAL ACRES 2,342,709 1.1087 2,113,104 ALL OTHER 200,526 200,526 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 55,343,569 55,660,880 TOTAL TAXABLE VALUE 55,443,911 62,827,947 DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 14:46:46 2005 FINAL VALUES WORKSHEET REPT: PTS265 043/Collin VRSN: W 043-911/Princeton ISD ____________________________________________________________________________________________________________________________________ SB4, PASSED BY THE 1999 LEGISLATURE, REQUIRES THE COMPTROLLER TO CERTIFY ALTERNATIVE MEASURES OF SCHOOL DISTRICT WEALTH (T1, T3 AND T4) 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 LOSS TO 50% OF THE LOSS THE ADDITIONAL TO THE LOCAL OPTIONAL $10,000 HOMESTEAD PERCENTAGE HOMESTEAD T1 EXEMPTION T2 EXEMPTION T3 T4 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 388,098,061 25,144,725 362,953,336 0 388,098,061 362,953,336 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 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 THE PVS FOUND YOUR TAXABLE VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED. **** END OF REPORT ****
