DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:29:12 2005 ISD SUMMARY WORKSHEET REPT: PTS265 095/Hale VRSN: W 095-902/Cotton Center ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 2,134,175 1.0021 2,129,703 2,134,175 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 30,879 ** 30,879 30,879 D. RURAL REAL(TAXABLE) 22,624,410 1.6218 13,950,439 22,624,410 F1. COMMERCIAL REAL 181,420 ** 181,420 181,420 F2. INDUSTRIAL REAL 840,236 ** 840,236 840,236 G. OIL,GAS,MINERALS 14,660 ** 14,660 14,660 J. UTILITIES 2,058,188 1.2933 1,591,423 2,058,188 L1. COMMERCIAL PERSONAL 1,256,243 ** 1,256,243 1,256,243 L2. INDUSTRIAL PERSONAL 0 ** 0 0 M. MOBILE HOMES 27,142 ** 27,142 27,142 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 29,167,353 20,022,145 29,167,353 LESS TOTAL DEDUCTIONS 1,802,436 1,798,710 1,802,436 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 27,364,917 18,223,435 27,364,917 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 1,229,352 1,229,352 MKT VALUE NON-QUAL CAP VALUE LOSS 6,839 6,825 ACRES & FRM/RNCH IMPRV 6,242,580 .9900 6,305,636 OVER 65 FREZ LOSS 566,245 562,533 PROD VAL QUAL ACRES 16,381,830 2.1429 7,644,803 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 1,802,436 1,798,710 TOTAL TAXABLE VALUE 22,624,410 13,950,439 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:29:12 2005 FINAL VALUES WORKSHEET REPT: PTS265 095/Hale VRSN: W 095-902/Cotton Center 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 27,983,587 618,670 27,364,917 0 27,983,587 27,364,917 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 LOCAL VALUE IS HIGHER THAN THE STATE VALUE **** END OF REPORT ****
