DATE: 01/27/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:48:31 2005 ISD SUMMARY WORKSHEET REPT: PTS265 031/Cameron VRSN: W 031-909/Point Isabel ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 1,739,321,295 .9068 1,918,087,004 1,739,321,295 B. MULTIFAMILY RESIDENCES 13,852,991 ** 13,852,991 13,852,991 C. VACANT LOTS 204,767,362 .9414 217,513,663 204,767,362 D. RURAL REAL(TAXABLE) 22,782,601 1.0074 22,614,638 22,782,601 F1. COMMERCIAL REAL 231,483,168 .9366 247,152,646 231,483,168 F2. INDUSTRIAL REAL 13,282,036 ** 13,282,036 13,282,036 G. OIL,GAS,MINERALS 149,680 ** 149,680 149,680 J. UTILITIES 23,609,585 ** 23,609,585 23,609,585 L1. COMMERCIAL PERSONAL 40,809,236 ** 40,809,236 40,809,236 L2. INDUSTRIAL PERSONAL 106,451,765 ** 106,451,765 106,451,765 M. MOBILE HOMES 2,225,308 ** 2,225,308 2,225,308 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 9,015,307 ** 9,015,307 9,015,307 S. SPECIAL INVENTORY 208,386 ** 208,386 208,386 ___________________ ___________________ ___________________ SUBTOTAL 2,407,958,720 2,614,972,245 2,407,958,720 LESS TOTAL DEDUCTIONS 157,934,131 176,098,464 157,934,131 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 2,250,024,589 2,438,873,781 2,250,024,589 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 46,505,690 46,505,690 MKT VALUE NON-QUAL CAP VALUE LOSS 57,000,121 62,858,537 ACRES & FRM/RNCH IMPRV 21,435,901 ** 21,435,901 OVER 65 FREZ LOSS 35,633,867 47,939,784 PROD VAL QUAL ACRES 1,346,700 1.1425 1,178,737 ALL OTHER 18,794,453 18,794,453 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 157,934,131 176,098,464 TOTAL TAXABLE VALUE 22,782,601 22,614,638 DATE: 01/27/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:48:31 2005 FINAL VALUES WORKSHEET REPT: PTS265 031/Cameron VRSN: W 031-909/Point Isabel 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 2,273,478,414 23,453,825 2,250,024,589 0 2,273,478,414 2,250,024,589 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 ****
