DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 15:04:52 2005 ISD SUMMARY WORKSHEET REPT: PTS265 168/Mitchell VRSN: W 168-902/Loraine ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 4,451,450 .9447 4,712,025 4,451,450 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 176,000 ** 176,000 176,000 D. RURAL REAL(TAXABLE) 15,307,180 .9990 15,323,230 15,307,180 F1. COMMERCIAL REAL 284,150 ** 284,150 284,150 F2. INDUSTRIAL REAL 317,380 ** 317,380 317,380 G. OIL,GAS,MINERALS 279,660 ** 279,660 279,660 J. UTILITIES 7,977,870 .9210 8,662,182 7,977,870 L1. COMMERCIAL PERSONAL 552,720 ** 552,720 552,720 L2. INDUSTRIAL PERSONAL 842,470 ** 842,470 842,470 M. MOBILE HOMES 325,650 ** 325,650 325,650 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 30,514,530 31,475,467 30,514,530 LESS TOTAL DEDUCTIONS 4,820,440 5,020,905 4,820,440 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 25,694,090 26,454,562 25,694,090 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 4,501,550 4,501,550 MKT VALUE NON-QUAL CAP VALUE LOSS 78,620 83,222 ACRES & FRM/RNCH IMPRV 6,735,980 .9663 6,970,899 OVER 65 FREZ LOSS 240,270 436,133 PROD VAL QUAL ACRES 8,571,200 1.0262 8,352,331 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 4,820,440 5,020,905 TOTAL TAXABLE VALUE 15,307,180 15,323,230 DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 15:04:52 2005 FINAL VALUES WORKSHEET REPT: PTS265 168/Mitchell VRSN: W 168-902/Loraine 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 27,998,680 2,304,590 25,694,090 0 27,998,680 25,694,090 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 ****
