DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 14:51:22 2005 ISD SUMMARY WORKSHEET REPT: PTS265 074/Fannin VRSN: W 074-909/Leonard ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 46,585,425 .9213 50,564,881 46,585,425 B. MULTIFAMILY RESIDENCES 953,160 ** 953,160 953,160 C. VACANT LOTS 585,220 ** 585,220 585,220 D. RURAL REAL(TAXABLE) 46,344,729 .9668 47,937,908 46,344,729 F1. COMMERCIAL REAL 6,667,680 .8295 8,038,192 6,667,680 F2. INDUSTRIAL REAL 341,340 ** 341,340 341,340 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 4,898,550 ** 4,898,550 4,898,550 L1. COMMERCIAL PERSONAL 5,349,330 ** 5,349,330 5,349,330 L2. INDUSTRIAL PERSONAL 1,294,180 ** 1,294,180 1,294,180 M. MOBILE HOMES 587,230 ** 587,230 587,230 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 113,606,844 120,549,991 113,606,844 LESS TOTAL DEDUCTIONS 20,279,796 21,880,004 20,279,796 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 93,327,048 98,669,987 93,327,048 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 15,487,386 15,487,386 MKT VALUE NON-QUAL CAP VALUE LOSS 698,457 758,121 ACRES & FRM/RNCH IMPRV 43,223,825 .9918 43,581,191 OVER 65 FREZ LOSS 4,093,953 5,634,497 PROD VAL QUAL ACRES 3,120,904 .7163 4,356,717 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 20,279,796 21,880,004 TOTAL TAXABLE VALUE 46,344,729 47,937,908 DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 14:51:22 2005 FINAL VALUES WORKSHEET REPT: PTS265 074/Fannin VRSN: W 074-909/Leonard 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 101,684,844 8,357,796 93,327,048 0 101,684,844 93,327,048 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 ****
