DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:22:15 2005 ISD SUMMARY WORKSHEET REPT: PTS265 072/Erath VRSN: W 072-901/Three-Way ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 1,136,440 ** 1,136,440 1,136,440 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 133,780 ** 133,780 133,780 D. RURAL REAL(TAXABLE) 28,275,480 .9246 30,581,971 28,275,480 F1. COMMERCIAL REAL 376,060 ** 376,060 376,060 F2. INDUSTRIAL REAL 0 ** 0 0 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 3,204,880 .9282 3,452,790 3,204,880 L1. COMMERCIAL PERSONAL 670,360 ** 670,360 670,360 L2. INDUSTRIAL PERSONAL 0 ** 0 0 M. MOBILE HOMES 530,800 ** 530,800 530,800 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 34,327,800 36,882,201 34,327,800 LESS TOTAL DEDUCTIONS 3,166,365 3,166,365 3,166,365 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 31,161,435 33,715,836 31,161,435 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 2,122,600 2,122,600 MKT VALUE NON-QUAL CAP VALUE LOSS 67,770 67,770 ACRES & FRM/RNCH IMPRV 23,215,020 .8882 26,137,154 OVER 65 FREZ LOSS 975,495 975,495 PROD VAL QUAL ACRES 5,060,460 1.1385 4,444,817 ALL OTHER 500 500 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 3,166,365 3,166,365 TOTAL TAXABLE VALUE 28,275,480 30,581,971 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:22:15 2005 FINAL VALUES WORKSHEET REPT: PTS265 072/Erath VRSN: W 072-901/Three-Way 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 32,324,875 1,163,440 31,161,435 0 32,324,875 31,161,435 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 ****
