DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:32:22 2005 ISD SUMMARY WORKSHEET REPT: PTS265 110/Hockley VRSN: W 110-906/Smyer ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 11,679,730 .8904 13,117,397 11,679,730 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 941,725 ** 941,725 941,725 D. RURAL REAL(TAXABLE) 18,355,005 1.0475 17,523,296 18,355,005 F1. COMMERCIAL REAL 1,347,050 ** 1,347,050 1,347,050 F2. INDUSTRIAL REAL 1,194,730 ** 1,194,730 1,194,730 G. OIL,GAS,MINERALS 28,528,380 1.1759 24,260,890 28,528,380 J. UTILITIES 4,335,900 .9118 4,755,319 4,335,900 L1. COMMERCIAL PERSONAL 849,270 ** 849,270 849,270 L2. INDUSTRIAL PERSONAL 366,750 ** 366,750 366,750 M. MOBILE HOMES 1,639,870 ** 1,639,870 1,639,870 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 69,238,410 65,996,297 69,238,410 LESS TOTAL DEDUCTIONS 8,161,428 8,678,673 8,161,428 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 61,076,982 57,317,624 61,076,982 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 7,223,558 7,223,558 MKT VALUE NON-QUAL CAP VALUE LOSS 186,256 209,182 ACRES & FRM/RNCH IMPRV 11,027,542 .9321 11,830,857 OVER 65 FREZ LOSS 751,614 1,245,933 PROD VAL QUAL ACRES 7,327,463 1.2872 5,692,439 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 8,161,428 8,678,673 TOTAL TAXABLE VALUE 18,355,005 17,523,296 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:32:22 2005 FINAL VALUES WORKSHEET REPT: PTS265 110/Hockley VRSN: W 110-906/Smyer 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 65,088,658 4,011,676 61,076,982 0 65,088,658 61,076,982 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 ****
