DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:28:52 2005 ISD SUMMARY WORKSHEET REPT: PTS265 093/Grimes VRSN: W 093-903/Iola ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 13,191,550 .8830 14,939,468 13,191,550 B. MULTIFAMILY RESIDENCES 66,530 ** 66,530 66,530 C. VACANT LOTS 884,720 ** 884,720 884,720 D. RURAL REAL(TAXABLE) 49,965,200 1.0594 47,163,653 49,965,200 F1. COMMERCIAL REAL 1,043,250 ** 1,043,250 1,043,250 F2. INDUSTRIAL REAL 114,130 ** 114,130 114,130 G. OIL,GAS,MINERALS 8,878,084 1.0005 8,873,647 8,878,084 J. UTILITIES 19,271,750 1.0042 19,191,147 19,271,750 L1. COMMERCIAL PERSONAL 806,835 ** 806,835 806,835 L2. INDUSTRIAL PERSONAL 3,422,120 ** 3,422,120 3,422,120 M. MOBILE HOMES 3,331,730 ** 3,331,730 3,331,730 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 100,975,899 99,837,230 100,975,899 LESS TOTAL DEDUCTIONS 16,318,677 18,063,737 16,318,677 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 84,657,222 81,773,493 84,657,222 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 10,964,150 10,964,150 MKT VALUE NON-QUAL CAP VALUE LOSS 311,370 352,627 ACRES & FRM/RNCH IMPRV 45,482,630 1.0662 42,658,629 OVER 65 FREZ LOSS 5,001,690 6,705,493 PROD VAL QUAL ACRES 4,482,570 .9950 4,505,024 ALL OTHER 41,467 41,467 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 16,318,677 18,063,737 TOTAL TAXABLE VALUE 49,965,200 47,163,653 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:28:52 2005 FINAL VALUES WORKSHEET REPT: PTS265 093/Grimes VRSN: W 093-903/Iola 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 90,440,272 5,783,050 84,657,222 0 90,440,272 84,657,222 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 ****
