DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:18:29 2005 ISD SUMMARY WORKSHEET REPT: PTS265 044/Collingsworth VRSN: W 044-902/Wellington ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 31,852,860 .9556 33,332,838 31,852,860 B. MULTIFAMILY RESIDENCES 254,610 ** 254,610 254,610 C. VACANT LOTS 335,960 ** 335,960 335,960 D. RURAL REAL(TAXABLE) 32,550,400 .8978 36,255,134 32,550,400 F1. COMMERCIAL REAL 4,990,350 .8737 5,711,743 4,990,350 F2. INDUSTRIAL REAL 1,291,230 ** 1,291,230 1,291,230 G. OIL,GAS,MINERALS 3,070 ** 3,070 3,070 J. UTILITIES 6,414,550 .9954 6,444,193 6,414,550 L1. COMMERCIAL PERSONAL 4,604,580 ** 4,604,580 4,604,580 L2. INDUSTRIAL PERSONAL 125,060 ** 125,060 125,060 M. MOBILE HOMES 69,540 ** 69,540 69,540 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 82,492,210 88,427,958 82,492,210 LESS TOTAL DEDUCTIONS 16,321,490 16,858,967 16,321,490 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 66,170,720 71,568,991 66,170,720 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 13,206,300 13,206,300 MKT VALUE NON-QUAL CAP VALUE LOSS 265,550 277,888 ACRES & FRM/RNCH IMPRV 7,755,060 .6928 11,193,793 OVER 65 FREZ LOSS 2,849,640 3,374,779 PROD VAL QUAL ACRES 24,795,340 .9894 25,061,341 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 16,321,490 16,858,967 TOTAL TAXABLE VALUE 32,550,400 36,255,134 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:18:29 2005 FINAL VALUES WORKSHEET REPT: PTS265 044/Collingsworth VRSN: W 044-902/Wellington 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 72,888,830 6,718,110 66,170,720 0 72,888,830 66,170,720 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 ****
