DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 14:46:56 2005 ISD SUMMARY WORKSHEET REPT: PTS265 043/Collin VRSN: W 043-919/Lovejoy ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 945,469,029 .9870 957,922,015 945,469,029 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 25,424,179 ** 25,424,179 25,424,179 D. RURAL REAL(TAXABLE) 31,478,519 1.0014 31,435,460 31,478,519 F1. COMMERCIAL REAL 9,026,369 ** 9,026,369 9,026,369 F2. INDUSTRIAL REAL 624,886 ** 624,886 624,886 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 5,639,165 ** 5,639,165 5,639,165 L1. COMMERCIAL PERSONAL 4,031,775 ** 4,031,775 4,031,775 L2. INDUSTRIAL PERSONAL 0 ** 0 0 M. MOBILE HOMES 70,632 ** 70,632 70,632 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 40,534,129 ** 40,534,129 40,534,129 S. SPECIAL INVENTORY 4,788 ** 4,788 4,788 ___________________ ___________________ ___________________ SUBTOTAL 1,062,303,471 1,074,713,398 1,062,303,471 LESS TOTAL DEDUCTIONS 68,511,647 69,684,862 68,511,647 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 993,791,824 1,005,028,536 993,791,824 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 48,145,800 48,145,800 MKT VALUE NON-QUAL CAP VALUE LOSS 2,705,034 2,740,663 ACRES & FRM/RNCH IMPRV 31,145,995 ** 31,145,995 OVER 65 FREZ LOSS 17,660,813 18,798,399 PROD VAL QUAL ACRES 332,524 1.1488 289,465 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 68,511,647 69,684,862 TOTAL TAXABLE VALUE 31,478,519 31,435,460 DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 14:46:56 2005 FINAL VALUES WORKSHEET REPT: PTS265 043/Collin VRSN: W 043-919/Lovejoy 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 1,022,054,324 28,262,500 993,791,824 0 1,022,054,324 993,791,824 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 ****
