DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:38:28 2005 ISD SUMMARY WORKSHEET REPT: PTS265 160/McCulloch VRSN: W 160-901/Brady ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 91,179,540 .8816 103,425,068 91,179,540 B. MULTIFAMILY RESIDENCES 1,705,840 ** 1,705,840 1,705,840 C. VACANT LOTS 2,874,010 ** 2,874,010 2,874,010 D. RURAL REAL(TAXABLE) 51,364,320 .9021 56,940,792 51,364,320 F1. COMMERCIAL REAL 24,974,780 .9334 26,756,782 24,974,780 F2. INDUSTRIAL REAL 27,073,380 ** 27,073,380 27,073,380 G. OIL,GAS,MINERALS 3,899,900 ** 3,899,900 3,899,900 J. UTILITIES 14,992,640 .9761 15,359,738 14,992,640 L1. COMMERCIAL PERSONAL 18,820,970 .9953 18,909,846 18,820,970 L2. INDUSTRIAL PERSONAL 19,042,170 ** 19,042,170 19,042,170 M. MOBILE HOMES 1,762,530 ** 1,762,530 1,762,530 N. INTANGIBLE PERS/UNCERT 1,881,330 ** 1,881,330 1,881,330 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 1,658,960 ** 1,658,960 1,658,960 ___________________ ___________________ ___________________ SUBTOTAL 261,230,370 281,290,346 261,230,370 LESS TOTAL DEDUCTIONS 42,585,585 47,275,208 42,585,585 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 218,644,785 234,015,138 218,644,785 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 32,977,529 32,977,529 MKT VALUE NON-QUAL CAP VALUE LOSS 2,434,830 2,761,831 ACRES & FRM/RNCH IMPRV 26,522,170 .8370 31,687,180 OVER 65 FREZ LOSS 7,139,671 11,502,293 PROD VAL QUAL ACRES 24,842,150 .9837 25,253,612 ALL OTHER 33,555 33,555 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 42,585,585 47,275,208 TOTAL TAXABLE VALUE 51,364,320 56,940,792 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:38:28 2005 FINAL VALUES WORKSHEET REPT: PTS265 160/McCulloch VRSN: W 160-901/Brady 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 235,611,525 16,966,740 218,644,785 0 235,611,525 218,644,785 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 SCHOOL DISTRICT IS IN YEAR ONE/TWO OF A GRACE PERIOD. **** END OF REPORT ****
