DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 14:57:04 2005 ISD SUMMARY WORKSHEET REPT: PTS265 109/Hill VRSN: W 109-907/Itasca ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 33,821,470 1.0180 33,223,448 33,821,470 B. MULTIFAMILY RESIDENCES 279,940 ** 279,940 279,940 C. VACANT LOTS 1,384,890 ** 1,384,890 1,384,890 D. RURAL REAL(TAXABLE) 53,350,001 .9534 55,958,778 53,350,001 F1. COMMERCIAL REAL 4,810,960 ** 4,810,960 4,810,960 F2. INDUSTRIAL REAL 2,077,450 ** 2,077,450 2,077,450 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 12,737,840 .9861 12,917,392 12,737,840 L1. COMMERCIAL PERSONAL 5,066,480 ** 5,066,480 5,066,480 L2. INDUSTRIAL PERSONAL 3,580,980 ** 3,580,980 3,580,980 M. MOBILE HOMES 3,006,830 ** 3,006,830 3,006,830 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 401,970 ** 401,970 401,970 ___________________ ___________________ ___________________ SUBTOTAL 120,518,811 122,709,118 120,518,811 LESS TOTAL DEDUCTIONS 21,364,425 21,023,895 21,364,425 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 99,154,386 101,685,223 99,154,386 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 14,992,618 14,992,618 MKT VALUE NON-QUAL CAP VALUE LOSS 2,357,233 2,315,553 ACRES & FRM/RNCH IMPRV 42,437,610 .9257 45,843,805 OVER 65 FREZ LOSS 4,004,777 3,705,927 PROD VAL QUAL ACRES 10,912,391 1.0788 10,114,973 ALL OTHER 9,797 9,797 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 21,364,425 21,023,895 TOTAL TAXABLE VALUE 53,350,001 55,958,778 DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 14:57:04 2005 FINAL VALUES WORKSHEET REPT: PTS265 109/Hill VRSN: W 109-907/Itasca 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 107,021,846 7,867,460 99,154,386 0 107,021,846 99,154,386 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 ****
