DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 15:06:00 2005 ISD SUMMARY WORKSHEET REPT: PTS265 175/Navarro VRSN: W 175-907/Kerens ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 48,370,841 .9241 52,343,730 48,370,841 B. MULTIFAMILY RESIDENCES 257,010 ** 257,010 257,010 C. VACANT LOTS 14,604,001 .9834 14,850,520 14,604,001 D. RURAL REAL(TAXABLE) 49,161,531 .9213 53,359,880 49,161,531 F1. COMMERCIAL REAL 4,420,196 ** 4,420,196 4,420,196 F2. INDUSTRIAL REAL 17,610 ** 17,610 17,610 G. OIL,GAS,MINERALS 3,990,240 ** 3,990,240 3,990,240 J. UTILITIES 22,527,560 .9888 22,782,727 22,527,560 L1. COMMERCIAL PERSONAL 2,417,507 ** 2,417,507 2,417,507 L2. INDUSTRIAL PERSONAL 357,590 ** 357,590 357,590 M. MOBILE HOMES 3,586,775 ** 3,586,775 3,586,775 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 1,406,260 ** 1,406,260 1,406,260 S. SPECIAL INVENTORY 34,199 ** 34,199 34,199 ___________________ ___________________ ___________________ SUBTOTAL 151,151,320 159,824,244 151,151,320 LESS TOTAL DEDUCTIONS 17,806,091 19,236,670 17,806,091 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 133,345,229 140,587,574 133,345,229 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 15,285,070 15,285,070 MKT VALUE NON-QUAL CAP VALUE LOSS 164,450 177,957 ACRES & FRM/RNCH IMPRV 37,784,281 .8901 42,449,479 OVER 65 FREZ LOSS 2,356,571 3,773,643 PROD VAL QUAL ACRES 11,377,250 1.0428 10,910,401 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 17,806,091 19,236,670 TOTAL TAXABLE VALUE 49,161,531 53,359,880 DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 15:06:00 2005 FINAL VALUES WORKSHEET REPT: PTS265 175/Navarro VRSN: W 175-907/Kerens 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 141,264,089 7,918,860 133,345,229 0 141,264,089 133,345,229 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 ****
