DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:44:54 2005 ISD SUMMARY WORKSHEET REPT: PTS265 208/Scurry VRSN: W 208-901/Hermleigh ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 5,554,782 .9876 5,624,526 5,554,782 B. MULTIFAMILY RESIDENCES 52,978 ** 52,978 52,978 C. VACANT LOTS 98,054 ** 98,054 98,054 D. RURAL REAL(TAXABLE) 20,012,561 .9104 21,982,970 20,012,561 F1. COMMERCIAL REAL 284,815 ** 284,815 284,815 F2. INDUSTRIAL REAL 403,940 ** 403,940 403,940 G. OIL,GAS,MINERALS 810,796 ** 810,796 810,796 J. UTILITIES 8,591,676 .9468 9,074,436 8,591,676 L1. COMMERCIAL PERSONAL 446,618 ** 446,618 446,618 L2. INDUSTRIAL PERSONAL 0 ** 0 0 M. MOBILE HOMES 245,237 ** 245,237 245,237 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 36,501,457 39,024,370 36,501,457 LESS TOTAL DEDUCTIONS 5,093,519 5,144,613 5,093,519 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 31,407,938 33,879,757 31,407,938 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 4,055,287 4,055,287 MKT VALUE NON-QUAL CAP VALUE LOSS 334,855 339,059 ACRES & FRM/RNCH IMPRV 10,700,066 .9963 10,739,803 OVER 65 FREZ LOSS 703,377 750,267 PROD VAL QUAL ACRES 9,312,495 .8283 11,243,167 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 5,093,519 5,144,613 TOTAL TAXABLE VALUE 20,012,561 21,982,970 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:44:54 2005 FINAL VALUES WORKSHEET REPT: PTS265 208/Scurry VRSN: W 208-901/Hermleigh 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 33,512,670 2,104,732 31,407,938 0 33,512,670 31,407,938 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 ****
