DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:17:31 2005 ISD SUMMARY WORKSHEET REPT: PTS265 037/Cherokee VRSN: W 037-909/Wells ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 10,695,130 .9833 10,876,772 10,695,130 B. MULTIFAMILY RESIDENCES 533,320 ** 533,320 533,320 C. VACANT LOTS 488,770 ** 488,770 488,770 D. RURAL REAL(TAXABLE) 24,231,940 1.0141 23,895,421 24,231,940 F1. COMMERCIAL REAL 1,467,030 ** 1,467,030 1,467,030 F2. INDUSTRIAL REAL 75,840 ** 75,840 75,840 G. OIL,GAS,MINERALS 1,163,760 1.0130 1,148,825 1,163,760 J. UTILITIES 3,389,600 .9633 3,518,738 3,389,600 L1. COMMERCIAL PERSONAL 839,320 ** 839,320 839,320 L2. INDUSTRIAL PERSONAL 1,780 ** 1,780 1,780 M. MOBILE HOMES 351,280 ** 351,280 351,280 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 43,237,770 43,197,096 43,237,770 LESS TOTAL DEDUCTIONS 9,235,575 9,337,529 9,235,575 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 34,002,195 33,859,567 34,002,195 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 7,194,537 7,194,537 MKT VALUE NON-QUAL CAP VALUE LOSS 931,571 947,392 ACRES & FRM/RNCH IMPRV 14,629,420 1.0249 14,273,997 OVER 65 FREZ LOSS 1,109,467 1,195,600 PROD VAL QUAL ACRES 9,602,520 .9980 9,621,424 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 9,235,575 9,337,529 TOTAL TAXABLE VALUE 24,231,940 23,895,421 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:17:31 2005 FINAL VALUES WORKSHEET REPT: PTS265 037/Cherokee VRSN: W 037-909/Wells 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 37,623,295 3,621,100 34,002,195 0 37,623,295 34,002,195 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 ****
