DATE: 01/30/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 08:08:08 2005 ISD SUMMARY WORKSHEET REPT: PTS265 084/Galveston VRSN: W 084-908/Hitchcock ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 255,366,485 .9314 274,174,882 255,366,485 B. MULTIFAMILY RESIDENCES 7,403,210 ** 7,403,210 7,403,210 C. VACANT LOTS 35,869,320 .9146 39,218,587 35,869,320 D. RURAL REAL(TAXABLE) 12,514,710 .9746 12,840,774 12,514,710 F1. COMMERCIAL REAL 31,248,860 .9282 33,666,085 31,248,860 F2. INDUSTRIAL REAL 1,060,470 ** 1,060,470 1,060,470 G. OIL,GAS,MINERALS 16,387,030 ** 16,387,030 16,387,030 J. UTILITIES 22,918,450 .8880 25,809,065 22,918,450 L1. COMMERCIAL PERSONAL 23,679,814 1.0356 22,865,792 23,679,814 L2. INDUSTRIAL PERSONAL 914,740 ** 914,740 914,740 M. MOBILE HOMES 2,547,310 ** 2,547,310 2,547,310 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 170,120 ** 170,120 170,120 S. SPECIAL INVENTORY 437,380 ** 437,380 437,380 ___________________ ___________________ ___________________ SUBTOTAL 410,517,899 437,495,445 410,517,899 LESS TOTAL DEDUCTIONS 63,947,278 68,856,902 63,947,278 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 346,570,621 368,638,543 346,570,621 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 36,785,020 36,785,020 MKT VALUE NON-QUAL CAP VALUE LOSS 15,232,275 16,354,171 ACRES & FRM/RNCH IMPRV 10,818,130 ** 10,818,130 OVER 65 FREZ LOSS 11,509,558 15,297,286 PROD VAL QUAL ACRES 1,696,580 .8388 2,022,644 ALL OTHER 420,425 420,425 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 63,947,278 68,856,902 TOTAL TAXABLE VALUE 12,514,710 12,840,774 DATE: 01/30/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 08:08:08 2005 FINAL VALUES WORKSHEET REPT: PTS265 084/Galveston VRSN: W 084-908/Hitchcock 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 365,827,601 19,256,980 346,570,621 0 365,827,601 346,570,621 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 **** END OF REPORT ****
