DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:22:27 2005 ISD SUMMARY WORKSHEET REPT: PTS265 072/Erath VRSN: W 072-910/Morgan Mill ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 4,779,670 .9134 5,232,833 4,779,670 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 172,850 ** 172,850 172,850 D. RURAL REAL(TAXABLE) 33,081,210 .9764 33,879,202 33,081,210 F1. COMMERCIAL REAL 549,010 ** 549,010 549,010 F2. INDUSTRIAL REAL 0 ** 0 0 G. OIL,GAS,MINERALS 6,798,420 1.0822 6,282,037 6,798,420 J. UTILITIES 3,192,640 .9803 3,256,799 3,192,640 L1. COMMERCIAL PERSONAL 308,260 ** 308,260 308,260 L2. INDUSTRIAL PERSONAL 0 ** 0 0 M. MOBILE HOMES 1,118,450 ** 1,118,450 1,118,450 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 130 ** 130 130 ___________________ ___________________ ___________________ SUBTOTAL 50,000,640 50,799,571 50,000,640 LESS TOTAL DEDUCTIONS 6,829,157 7,527,089 6,829,157 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 43,171,483 43,272,482 43,171,483 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 4,147,050 4,147,050 MKT VALUE NON-QUAL CAP VALUE LOSS 150,180 164,419 ACRES & FRM/RNCH IMPRV 28,555,610 .9524 29,982,791 OVER 65 FREZ LOSS 2,531,927 3,215,620 PROD VAL QUAL ACRES 4,525,600 1.1615 3,896,411 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 6,829,157 7,527,089 TOTAL TAXABLE VALUE 33,081,210 33,879,202 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:22:27 2005 FINAL VALUES WORKSHEET REPT: PTS265 072/Erath VRSN: W 072-910/Morgan Mill 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 45,363,933 2,192,450 43,171,483 0 45,363,933 43,171,483 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 ****
