DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 14:57:16 2005 ISD SUMMARY WORKSHEET REPT: PTS265 109/Hill VRSN: W 109-914/Penelope ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 6,128,240 .9777 6,268,017 6,128,240 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 388,900 ** 388,900 388,900 D. RURAL REAL(TAXABLE) 13,097,530 .9590 13,657,025 13,097,530 F1. COMMERCIAL REAL 270,750 ** 270,750 270,750 F2. INDUSTRIAL REAL 22,460 ** 22,460 22,460 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 1,783,300 .9881 1,804,777 1,783,300 L1. COMMERCIAL PERSONAL 491,230 ** 491,230 491,230 L2. INDUSTRIAL PERSONAL 494,820 ** 494,820 494,820 M. MOBILE HOMES 542,390 ** 542,390 542,390 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 23,219,620 23,940,369 23,219,620 LESS TOTAL DEDUCTIONS 4,076,945 4,156,692 4,076,945 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 19,142,675 19,783,677 19,142,675 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 3,059,934 3,059,934 MKT VALUE NON-QUAL CAP VALUE LOSS 420,304 429,891 ACRES & FRM/RNCH IMPRV 8,750,820 .9276 9,433,829 OVER 65 FREZ LOSS 596,707 666,867 PROD VAL QUAL ACRES 4,346,710 1.0292 4,223,196 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 4,076,945 4,156,692 TOTAL TAXABLE VALUE 13,097,530 13,657,025 DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 14:57:16 2005 FINAL VALUES WORKSHEET REPT: PTS265 109/Hill VRSN: W 109-914/Penelope 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 20,763,593 1,620,918 19,142,675 0 20,763,593 19,142,675 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 ****
