DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 15:14:09 2005 ISD SUMMARY WORKSHEET REPT: PTS265 241/Wharton VRSN: W 241-906/Louise ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 30,408,742 .7785 39,060,683 30,408,742 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 504,840 ** 504,840 504,840 D. RURAL REAL(TAXABLE) 50,189,690 1.0263 48,902,437 50,189,690 F1. COMMERCIAL REAL 6,446,389 ** 6,446,389 6,446,389 F2. INDUSTRIAL REAL 1,565,520 ** 1,565,520 1,565,520 G. OIL,GAS,MINERALS 33,400,560 .9124 36,607,365 33,400,560 J. UTILITIES 13,457,710 1.0120 13,298,132 13,457,710 L1. COMMERCIAL PERSONAL 9,274,440 .8655 10,715,702 9,274,440 L2. INDUSTRIAL PERSONAL 10,602,150 ** 10,602,150 10,602,150 M. MOBILE HOMES 1,078,670 ** 1,078,670 1,078,670 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 238,170 ** 238,170 238,170 ___________________ ___________________ ___________________ SUBTOTAL 157,166,881 169,020,058 157,166,881 LESS TOTAL DEDUCTIONS 13,462,752 16,405,792 13,462,752 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 143,704,129 152,614,266 143,704,129 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 10,259,970 10,259,970 MKT VALUE NON-QUAL CAP VALUE LOSS 1,114,820 1,432,010 ACRES & FRM/RNCH IMPRV 22,137,770 .8757 25,280,085 OVER 65 FREZ LOSS 2,087,962 4,713,812 PROD VAL QUAL ACRES 28,051,920 1.1875 23,622,352 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 13,462,752 16,405,792 TOTAL TAXABLE VALUE 50,189,690 48,902,437 DATE: 06/29/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 15:14:09 2005 FINAL VALUES WORKSHEET REPT: PTS265 241/Wharton VRSN: W 241-906/Louise 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 149,210,089 5,505,960 143,704,129 0 149,210,089 143,704,129 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 ****
