DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:22:25 2005 ISD SUMMARY WORKSHEET REPT: PTS265 072/Erath VRSN: W 072-909/Lingleville ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 3,501,600 1.0039 3,487,997 3,487,997 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 299,520 ** 299,520 299,520 D. RURAL REAL(TAXABLE) 41,792,260 .9142 45,715,152 45,715,152 F1. COMMERCIAL REAL 257,220 ** 257,220 257,220 F2. INDUSTRIAL REAL 73,900 ** 73,900 73,900 G. OIL,GAS,MINERALS 720,520 ** 720,520 720,520 J. UTILITIES 7,763,810 .7782 9,976,626 9,976,626 L1. COMMERCIAL PERSONAL 798,940 ** 798,940 798,940 L2. INDUSTRIAL PERSONAL 148,140 ** 148,140 148,140 M. MOBILE HOMES 1,584,730 ** 1,584,730 1,584,730 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 56,940,640 63,062,745 63,062,745 LESS TOTAL DEDUCTIONS 6,462,845 6,438,443 6,438,443 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 50,477,795 56,624,302 56,624,302 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 4,315,600 4,315,600 MKT VALUE NON-QUAL CAP VALUE LOSS 207,550 206,744 ACRES & FRM/RNCH IMPRV 33,388,500 .8644 38,626,215 OVER 65 FREZ LOSS 1,939,695 1,916,099 PROD VAL QUAL ACRES 8,403,760 1.1855 7,088,937 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 6,462,845 6,438,443 TOTAL TAXABLE VALUE 41,792,260 45,715,152 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:22:25 2005 FINAL VALUES WORKSHEET REPT: PTS265 072/Erath VRSN: W 072-909/Lingleville 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 58,895,142 2,270,840 56,624,302 0 58,895,142 56,624,302 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, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE. **** END OF REPORT ****
