DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:38:00 2005 ISD SUMMARY WORKSHEET REPT: PTS265 153/Lynn VRSN: W 153-905/New Home ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 8,674,950 1.0064 8,619,783 8,674,950 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 122,560 ** 122,560 122,560 D. RURAL REAL(TAXABLE) 21,376,020 1.1373 18,794,700 21,376,020 F1. COMMERCIAL REAL 372,560 ** 372,560 372,560 F2. INDUSTRIAL REAL 1,549,520 ** 1,549,520 1,549,520 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 4,375,420 1.0207 4,286,686 4,375,420 L1. COMMERCIAL PERSONAL 163,080 ** 163,080 163,080 L2. INDUSTRIAL PERSONAL 576,580 ** 576,580 576,580 M. MOBILE HOMES 192,350 ** 192,350 192,350 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 37,403,040 34,677,819 37,403,040 LESS TOTAL DEDUCTIONS 4,953,148 4,923,818 4,953,148 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 32,449,892 29,754,001 32,449,892 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 3,332,690 3,332,690 MKT VALUE NON-QUAL CAP VALUE LOSS 926,690 920,797 ACRES & FRM/RNCH IMPRV 7,814,380 1.0392 7,519,611 OVER 65 FREZ LOSS 693,768 670,331 PROD VAL QUAL ACRES 13,561,640 1.2028 11,275,089 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 4,953,148 4,923,818 TOTAL TAXABLE VALUE 21,376,020 18,794,700 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:38:00 2005 FINAL VALUES WORKSHEET REPT: PTS265 153/Lynn VRSN: W 153-905/New Home 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 34,261,082 1,811,190 32,449,892 0 34,261,082 32,449,892 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 ****
