DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:45:52 2005 ISD SUMMARY WORKSHEET REPT: PTS265 219/Swisher VRSN: W 219-901/Happy ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 6,920,158 .8766 7,894,317 6,920,158 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 206,904 ** 206,904 206,904 D. RURAL REAL(TAXABLE) 30,666,184 1.0542 29,090,489 30,666,184 F1. COMMERCIAL REAL 453,750 ** 453,750 453,750 F2. INDUSTRIAL REAL 7,814,749 ** 7,814,749 7,814,749 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 8,971,003 1.0286 8,721,566 8,971,003 L1. COMMERCIAL PERSONAL 1,509,760 1.0085 1,497,035 1,509,760 L2. INDUSTRIAL PERSONAL 5,430,496 ** 5,430,496 5,430,496 M. MOBILE HOMES 657,453 ** 657,453 657,453 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 2,812 ** 2,812 2,812 ___________________ ___________________ ___________________ SUBTOTAL 62,633,269 61,769,571 62,633,269 LESS TOTAL DEDUCTIONS 6,646,855 7,468,191 6,646,855 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 55,986,414 54,301,380 55,986,414 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 5,063,239 5,063,239 MKT VALUE NON-QUAL CAP VALUE LOSS 186,161 212,367 ACRES & FRM/RNCH IMPRV 11,653,098 .9349 12,464,540 OVER 65 FREZ LOSS 1,397,455 2,192,585 PROD VAL QUAL ACRES 19,013,086 1.1436 16,625,949 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 6,646,855 7,468,191 TOTAL TAXABLE VALUE 30,666,184 29,090,489 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:45:52 2005 FINAL VALUES WORKSHEET REPT: PTS265 219/Swisher VRSN: W 219-901/Happy 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 58,597,386 2,610,972 55,986,414 0 58,597,386 55,986,414 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 VALID, AND LOCAL VALUE WAS CERTIFIED. **** END OF REPORT ****
