Skip to content
Quick Start for:

DATE: 06/29/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 15:11:53                                           2005 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              225/Titus                                             VRSN: W
                                                        225-902/Mount Pleasant ISD

____________________________________________________________________________________________________________________________________

                                        LOCAL TAX             2005 WTD                     2005 PTD                2005 VALUE
CATEGORY                               ROLL VALUE           MEAN RATIO               VALUE ESTIMATE                  ASSIGNED
________                      ___________________           __________          ___________________             _____________

A.  SINGLE-FAMILY RESIDENCES          373,919,884                .9559                  391,170,503               373,919,884

B.  MULTIFAMILY RESIDENCES             15,766,099                   **                   15,766,099                15,766,099

C.  VACANT LOTS                        21,067,710                   **                   21,067,710                21,067,710

D.  RURAL REAL(TAXABLE)                99,955,593                .7251                  137,850,560                99,955,593

F1. COMMERCIAL REAL                   155,029,591                .7979                  194,297,018               155,029,591

F2. INDUSTRIAL REAL                   948,542,579                   **                  948,542,579               948,542,579

G.  OIL,GAS,MINERALS                    4,022,480                   **                    4,022,480                 4,022,480

J.  UTILITIES                          56,944,693               1.0350                   55,019,027                56,944,693

L1. COMMERCIAL PERSONAL               100,107,421                .9873                  101,395,139               100,107,421

L2. INDUSTRIAL PERSONAL               117,778,680                   **                  117,778,680               117,778,680

M.  MOBILE HOMES                        6,598,023                   **                    6,598,023                 6,598,023

N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0

O.  RESIDENTIAL INVENTORY                       0                   **                            0                         0

S.  SPECIAL INVENTORY                   7,936,257                   **                    7,936,257                 7,936,257
                              ___________________                               ___________________       ___________________

SUBTOTAL                            1,907,669,010                                     2,001,444,075             1,907,669,010

LESS TOTAL DEDUCTIONS                 285,605,516                                       290,596,209               285,605,516
                              ___________________                               ___________________       ___________________

TOTAL TAXABLE VALUE                 1,622,063,494                                     1,710,847,866             1,622,063,494 T2**

                                                                                ** THIS DISTRICT IS IN YEAR 2 OF THE GRACE PERIOD.
____________________________________________________________________________________________________________________________________

                   LOCAL REPORTED       PTD ESTIMATE                                 LOCAL TAX ROLL          RATIO         PTD VALUE
                   ______________       ____________                                 ______________                      ___________

HOMESTEAD & VETS       81,588,435         81,588,435    MKT VALUE NON-QUAL

CAP VALUE LOSS          9,706,592         10,154,401    ACRES & FRM/RNCH IMPRV           89,910,832          .7730       116,314,142

OVER 65 FREZ LOSS      45,042,125         49,585,009    PROD VAL QUAL ACRES              10,044,761          .4664        21,536,418

ALL OTHER             149,268,364        149,268,364
                  _______________    _______________                                _______________                  _______________

TOTAL DEDUCTIONS      285,605,516        290,596,209    TOTAL TAXABLE VALUE              99,955,593                      137,850,560
DATE: 06/29/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 002
TIME: 15:11:53                                           2005 FINAL VALUES WORKSHEET                                REPT: PTS265
                                                              225/Titus                                             VRSN: W
                                                        225-902/Mount Pleasant 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
___________________  ___________________  ___________________  ____________________   ____________________    ___________________
    1,664,757,523             42,694,029     1,622,063,494              33,325,328        1,631,432,195          1,588,738,166

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 ****