DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:17:29 2005 ISD SUMMARY WORKSHEET REPT: PTS265 037/Cherokee VRSN: W 037-908/New Summerfield ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 9,834,060 1.0177 9,663,024 9,834,060 B. MULTIFAMILY RESIDENCES 4,700 ** 4,700 4,700 C. VACANT LOTS 449,810 ** 449,810 449,810 D. RURAL REAL(TAXABLE) 18,809,530 .9913 18,973,858 18,809,530 F1. COMMERCIAL REAL 2,313,800 1.0284 2,249,903 2,313,800 F2. INDUSTRIAL REAL 4,648,100 ** 4,648,100 4,648,100 G. OIL,GAS,MINERALS 50,880 ** 50,880 50,880 J. UTILITIES 2,234,400 .9391 2,379,299 2,234,400 L1. COMMERCIAL PERSONAL 1,855,580 ** 1,855,580 1,855,580 L2. INDUSTRIAL PERSONAL 1,796,100 ** 1,796,100 1,796,100 M. MOBILE HOMES 582,830 ** 582,830 582,830 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 27,530 ** 27,530 27,530 ___________________ ___________________ ___________________ SUBTOTAL 42,607,320 42,681,614 42,607,320 LESS TOTAL DEDUCTIONS 9,207,954 9,088,687 9,207,954 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 33,399,366 33,592,927 33,399,366 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 6,514,696 6,514,696 MKT VALUE NON-QUAL CAP VALUE LOSS 1,131,285 1,111,610 ACRES & FRM/RNCH IMPRV 14,579,720 .9692 15,043,046 OVER 65 FREZ LOSS 1,561,973 1,462,381 PROD VAL QUAL ACRES 4,229,810 1.0761 3,930,812 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 9,207,954 9,088,687 TOTAL TAXABLE VALUE 18,809,530 18,973,858 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:17:29 2005 FINAL VALUES WORKSHEET REPT: PTS265 037/Cherokee VRSN: W 037-908/New Summerfield 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 36,765,221 3,365,855 33,399,366 0 36,765,221 33,399,366 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 VALID, AND LOCAL VALUE WAS CERTIFIED. **** END OF REPORT ****
