DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 14:51:25 2005 ISD SUMMARY WORKSHEET REPT: PTS265 074/Fannin VRSN: W 074-911/Savoy ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 18,584,510 .9397 19,777,067 18,584,510 B. MULTIFAMILY RESIDENCES 281,540 ** 281,540 281,540 C. VACANT LOTS 361,990 ** 361,990 361,990 D. RURAL REAL(TAXABLE) 24,770,440 .9217 26,873,890 24,770,440 F1. COMMERCIAL REAL 2,203,090 ** 2,203,090 2,203,090 F2. INDUSTRIAL REAL 1,111,600 ** 1,111,600 1,111,600 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 12,784,040 .9876 12,944,552 12,784,040 L1. COMMERCIAL PERSONAL 2,520,200 ** 2,520,200 2,520,200 L2. INDUSTRIAL PERSONAL 12,623,960 ** 12,623,960 12,623,960 M. MOBILE HOMES 1,002,570 ** 1,002,570 1,002,570 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 76,243,940 79,700,459 76,243,940 LESS TOTAL DEDUCTIONS 13,515,977 14,214,018 13,515,977 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 62,727,963 65,486,441 62,727,963 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 9,727,040 9,727,040 MKT VALUE NON-QUAL CAP VALUE LOSS 255,485 271,879 ACRES & FRM/RNCH IMPRV 22,753,451 .9288 24,497,686 OVER 65 FREZ LOSS 3,322,652 4,004,299 PROD VAL QUAL ACRES 2,016,989 .8488 2,376,204 ALL OTHER 210,800 210,800 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 13,515,977 14,214,018 TOTAL TAXABLE VALUE 24,770,440 26,873,890 DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 14:51:25 2005 FINAL VALUES WORKSHEET REPT: PTS265 074/Fannin VRSN: W 074-911/Savoy 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 67,819,686 5,091,723 62,727,963 1,598,200 66,221,486 61,129,763 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 ****
