DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 15:06:30 2005 ISD SUMMARY WORKSHEET REPT: PTS265 178/Nueces VRSN: W 178-906/London ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 62,238,345 .9547 65,191,521 62,238,345 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 4,270,994 ** 4,270,994 4,270,994 D. RURAL REAL(TAXABLE) 25,470,708 1.0202 24,966,089 25,470,708 F1. COMMERCIAL REAL 1,805,998 ** 1,805,998 1,805,998 F2. INDUSTRIAL REAL 650,469 ** 650,469 650,469 G. OIL,GAS,MINERALS 34,705,940 .9718 35,713,048 34,705,940 J. UTILITIES 8,900,600 .9999 8,901,490 8,900,600 L1. COMMERCIAL PERSONAL 1,205,962 ** 1,205,962 1,205,962 L2. INDUSTRIAL PERSONAL 5,493,848 ** 5,493,848 5,493,848 M. MOBILE HOMES 135,250 ** 135,250 135,250 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 10,309 ** 10,309 10,309 ___________________ ___________________ ___________________ SUBTOTAL 144,888,423 148,344,978 144,888,423 LESS TOTAL DEDUCTIONS 5,079,110 5,287,703 5,079,110 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 139,809,313 143,057,275 139,809,313 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 3,432,500 3,432,500 MKT VALUE NON-QUAL CAP VALUE LOSS 1,278,656 1,339,328 ACRES & FRM/RNCH IMPRV 10,332,044 .9995 10,337,213 OVER 65 FREZ LOSS 143,104 291,025 PROD VAL QUAL ACRES 15,138,664 1.0348 14,628,876 ALL OTHER 224,850 224,850 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 5,079,110 5,287,703 TOTAL TAXABLE VALUE 25,470,708 24,966,089 DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 15:06:30 2005 FINAL VALUES WORKSHEET REPT: PTS265 178/Nueces VRSN: W 178-906/London 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 141,897,313 2,088,000 139,809,313 0 141,897,313 139,809,313 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 ****
