DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:19:33 2005 ISD SUMMARY WORKSHEET REPT: PTS265 055/Culberson VRSN: W 055-901/Culberson-Allamore I ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 18,197,030 .8577 21,216,078 18,197,030 B. MULTIFAMILY RESIDENCES 431,420 ** 431,420 431,420 C. VACANT LOTS 10,753,020 .7018 15,322,058 10,753,020 D. RURAL REAL(TAXABLE) 26,012,370 .6830 38,086,446 26,012,370 F1. COMMERCIAL REAL 18,336,260 .9385 19,537,837 18,336,260 F2. INDUSTRIAL REAL 37,438,790 ** 37,438,790 37,438,790 G. OIL,GAS,MINERALS 14,654,040 1.0103 14,504,642 14,654,040 J. UTILITIES 94,026,530 .9649 97,446,917 94,026,530 L1. COMMERCIAL PERSONAL 5,855,070 ** 5,855,070 5,855,070 L2. INDUSTRIAL PERSONAL 7,900,670 ** 7,900,670 7,900,670 M. MOBILE HOMES 1,727,860 ** 1,727,860 1,727,860 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 22,440 ** 22,440 22,440 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 235,355,500 259,490,228 235,355,500 LESS TOTAL DEDUCTIONS 10,509,100 11,203,694 10,509,100 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 224,846,400 248,286,534 224,846,400 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 8,039,160 8,039,160 MKT VALUE NON-QUAL CAP VALUE LOSS 172,990 201,691 ACRES & FRM/RNCH IMPRV 7,157,750 .5989 11,951,494 OVER 65 FREZ LOSS 480,210 1,146,103 PROD VAL QUAL ACRES 18,854,620 .7214 26,134,952 ALL OTHER 1,816,740 1,816,740 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 10,509,100 11,203,694 TOTAL TAXABLE VALUE 26,012,370 38,086,446 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:19:33 2005 FINAL VALUES WORKSHEET REPT: PTS265 055/Culberson VRSN: W 055-901/Culberson-Allamore I ____________________________________________________________________________________________________________________________________ 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 229,339,210 4,492,810 224,846,400 0 229,339,210 224,846,400 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 ****
