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DATE: 06/29/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 14:46:58                                           2005 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              044/Collingsworth                                     VRSN: W
                                                        044-902/Wellington ISD

____________________________________________________________________________________________________________________________________

                                        LOCAL TAX             2005 WTD                     2005 PTD                2005 VALUE
CATEGORY                               ROLL VALUE           MEAN RATIO               VALUE ESTIMATE                  ASSIGNED
________                      ___________________           __________          ___________________             _____________

A.  SINGLE-FAMILY RESIDENCES           31,852,860                .9556                   33,332,838                31,852,860

B.  MULTIFAMILY RESIDENCES                254,610                   **                      254,610                   254,610

C.  VACANT LOTS                           335,960                   **                      335,960                   335,960

D.  RURAL REAL(TAXABLE)                32,550,400                .9305                   34,981,179                32,550,400

F1. COMMERCIAL REAL                     4,990,350                .9664                    5,163,856                 4,990,350

F2. INDUSTRIAL REAL                     1,291,230                   **                    1,291,230                 1,291,230

G.  OIL,GAS,MINERALS                        3,070                   **                        3,070                     3,070

J.  UTILITIES                           6,414,550                .9954                    6,444,193                 6,414,550

L1. COMMERCIAL PERSONAL                 4,604,580                   **                    4,604,580                 4,604,580

L2. INDUSTRIAL PERSONAL                   125,060                   **                      125,060                   125,060

M.  MOBILE HOMES                           69,540                   **                       69,540                    69,540

N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0

O.  RESIDENTIAL INVENTORY                       0                   **                            0                         0

S.  SPECIAL INVENTORY                           0                   **                            0                         0
                              ___________________                               ___________________       ___________________

SUBTOTAL                               82,492,210                                        86,606,116                82,492,210

LESS TOTAL DEDUCTIONS                  16,321,490                                        16,858,967                16,321,490
                              ___________________                               ___________________       ___________________

TOTAL TAXABLE VALUE                    66,170,720                                        69,747,149                66,170,720 T2*

                                                                                 * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD.
____________________________________________________________________________________________________________________________________

                   LOCAL REPORTED       PTD ESTIMATE                                 LOCAL TAX ROLL          RATIO         PTD VALUE
                   ______________       ____________                                 ______________                      ___________

HOMESTEAD & VETS       13,206,300         13,206,300    MKT VALUE NON-QUAL

CAP VALUE LOSS            265,550            277,888    ACRES & FRM/RNCH IMPRV            7,755,060          .6928        11,193,793

OVER 65 FREZ LOSS       2,849,640          3,374,779    PROD VAL QUAL ACRES              24,795,340         1.0424        23,787,386

ALL OTHER                       0                  0
                  _______________    _______________                                _______________                  _______________

TOTAL DEDUCTIONS       16,321,490         16,858,967    TOTAL TAXABLE VALUE              32,550,400                       34,981,179
DATE: 06/29/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 002
TIME: 14:46:58                                           2005 FINAL VALUES WORKSHEET                                REPT: PTS265
                                                              044/Collingsworth                                     VRSN: W
                                                        044-902/Wellington 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
___________________  ___________________  ___________________  ____________________   ____________________    ___________________
       72,888,830              6,718,110        66,170,720                       0           72,888,830             66,170,720

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN
YEAR ONE/TWO OF A GRACE PERIOD.

                                                      **** END  OF  REPORT ****