DATE: 01/27/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:48:07 2005 ISD SUMMARY WORKSHEET REPT: PTS265 011/Bastrop VRSN: W 011-904/Smithville ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 248,367,758 .9304 266,947,289 248,367,758 B. MULTIFAMILY RESIDENCES 3,511,000 ** 3,511,000 3,511,000 C. VACANT LOTS 16,687,218 ** 16,687,218 16,687,218 D. RURAL REAL(TAXABLE) 142,960,701 .9812 145,697,022 142,960,701 F1. COMMERCIAL REAL 24,676,210 .9178 26,886,261 24,676,210 F2. INDUSTRIAL REAL 633,704 ** 633,704 633,704 G. OIL,GAS,MINERALS 7,524,490 ** 7,524,490 7,524,490 J. UTILITIES 26,562,778 .9485 28,005,037 26,562,778 L1. COMMERCIAL PERSONAL 8,972,025 ** 8,972,025 8,972,025 L2. INDUSTRIAL PERSONAL 3,879,320 ** 3,879,320 3,879,320 M. MOBILE HOMES 13,555,768 ** 13,555,768 13,555,768 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 40,981 ** 40,981 40,981 ___________________ ___________________ ___________________ SUBTOTAL 497,371,953 522,340,115 497,371,953 LESS TOTAL DEDUCTIONS 72,614,277 78,550,191 72,614,277 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 424,757,676 443,789,924 424,757,676 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 48,004,595 48,004,595 MKT VALUE NON-QUAL CAP VALUE LOSS 3,161,140 3,397,614 ACRES & FRM/RNCH IMPRV 133,822,410 .9993 133,916,151 OVER 65 FREZ LOSS 21,102,409 26,801,849 PROD VAL QUAL ACRES 9,138,291 .7757 11,780,871 ALL OTHER 346,133 346,133 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 72,614,277 78,550,191 TOTAL TAXABLE VALUE 142,960,701 145,697,022 DATE: 01/27/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:48:07 2005 FINAL VALUES WORKSHEET REPT: PTS265 011/Bastrop VRSN: W 011-904/Smithville 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 449,770,900 25,013,224 424,757,676 0 449,770,900 424,757,676 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 ****
