DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 14:58:03 2005 ISD SUMMARY WORKSHEET REPT: PTS265 113/Houston VRSN: W 113-903/Lovelady ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 19,312,690 .8948 21,583,248 19,312,690 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 822,430 ** 822,430 822,430 D. RURAL REAL(TAXABLE) 71,449,330 .9828 72,698,198 71,449,330 F1. COMMERCIAL REAL 1,321,730 ** 1,321,730 1,321,730 F2. INDUSTRIAL REAL 526,530 ** 526,530 526,530 G. OIL,GAS,MINERALS 47,335,280 1.0206 46,379,855 47,335,280 J. UTILITIES 17,265,780 .9836 17,553,660 17,265,780 L1. COMMERCIAL PERSONAL 2,508,840 ** 2,508,840 2,508,840 L2. INDUSTRIAL PERSONAL 3,310,340 ** 3,310,340 3,310,340 M. MOBILE HOMES 2,930,660 ** 2,930,660 2,930,660 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 166,783,610 169,635,491 166,783,610 LESS TOTAL DEDUCTIONS 19,306,816 21,545,930 19,306,816 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 147,476,794 148,089,561 147,476,794 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 14,798,976 14,798,976 MKT VALUE NON-QUAL CAP VALUE LOSS 186,890 208,862 ACRES & FRM/RNCH IMPRV 45,899,800 .9270 49,514,347 OVER 65 FREZ LOSS 4,320,950 6,538,092 PROD VAL QUAL ACRES 25,549,530 1.1020 23,183,851 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 19,306,816 21,545,930 TOTAL TAXABLE VALUE 71,449,330 72,698,198 DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 14:58:03 2005 FINAL VALUES WORKSHEET REPT: PTS265 113/Houston VRSN: W 113-903/Lovelady 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 154,908,471 7,431,677 147,476,794 0 154,908,471 147,476,794 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 ****
