DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 14:51:19 2005 ISD SUMMARY WORKSHEET REPT: PTS265 074/Fannin VRSN: W 074-907/Honey Grove CISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 42,434,870 1.0421 40,720,535 42,434,870 B. MULTIFAMILY RESIDENCES 1,050,360 ** 1,050,360 1,050,360 C. VACANT LOTS 1,252,710 ** 1,252,710 1,252,710 D. RURAL REAL(TAXABLE) 46,492,253 .7249 64,139,418 46,492,253 F1. COMMERCIAL REAL 5,708,920 .9955 5,734,726 5,708,920 F2. INDUSTRIAL REAL 1,669,740 ** 1,669,740 1,669,740 G. OIL,GAS,MINERALS 1,500 ** 1,500 1,500 J. UTILITIES 8,707,820 .9778 8,905,523 8,707,820 L1. COMMERCIAL PERSONAL 3,827,320 ** 3,827,320 3,827,320 L2. INDUSTRIAL PERSONAL 3,741,080 ** 3,741,080 3,741,080 M. MOBILE HOMES 567,440 ** 567,440 567,440 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 78,810 ** 78,810 78,810 ___________________ ___________________ ___________________ SUBTOTAL 115,532,823 131,689,162 115,532,823 LESS TOTAL DEDUCTIONS 22,498,688 21,680,704 22,498,688 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 93,034,135 110,008,458 93,034,135 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 16,930,409 16,930,409 MKT VALUE NON-QUAL CAP VALUE LOSS 605,695 581,225 ACRES & FRM/RNCH IMPRV 35,074,207 .7387 47,480,990 OVER 65 FREZ LOSS 4,962,584 4,169,070 PROD VAL QUAL ACRES 11,418,046 .6854 16,658,428 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 22,498,688 21,680,704 TOTAL TAXABLE VALUE 46,492,253 64,139,418 DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 14:51:19 2005 FINAL VALUES WORKSHEET REPT: PTS265 074/Fannin VRSN: W 074-907/Honey Grove CISD ____________________________________________________________________________________________________________________________________ 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 101,675,048 8,640,913 93,034,135 0 101,675,048 93,034,135 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 ****
