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 ****
