DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:45:56 2005 ISD SUMMARY WORKSHEET REPT: PTS265 219/Swisher VRSN: W 219-905/Kress ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 7,392,376 .9490 7,789,648 7,392,376 B. MULTIFAMILY RESIDENCES 35,211 ** 35,211 35,211 C. VACANT LOTS 116,304 ** 116,304 116,304 D. RURAL REAL(TAXABLE) 32,504,589 1.1077 29,344,047 32,504,589 F1. COMMERCIAL REAL 891,186 ** 891,186 891,186 F2. INDUSTRIAL REAL 1,555,241 ** 1,555,241 1,555,241 G. OIL,GAS,MINERALS 12,480 ** 12,480 12,480 J. UTILITIES 8,655,950 1.0302 8,402,203 8,655,950 L1. COMMERCIAL PERSONAL 947,445 ** 947,445 947,445 L2. INDUSTRIAL PERSONAL 2,020,105 ** 2,020,105 2,020,105 M. MOBILE HOMES 505,785 ** 505,785 505,785 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 2,229 ** 2,229 2,229 ___________________ ___________________ ___________________ SUBTOTAL 54,638,901 51,621,884 54,638,901 LESS TOTAL DEDUCTIONS 6,820,454 7,151,962 6,820,454 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 47,818,447 44,469,922 47,818,447 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 5,299,840 5,299,840 MKT VALUE NON-QUAL CAP VALUE LOSS 42,949 45,257 ACRES & FRM/RNCH IMPRV 11,813,976 .9968 11,851,902 OVER 65 FREZ LOSS 1,456,533 1,785,733 PROD VAL QUAL ACRES 20,690,613 1.1829 17,492,145 ALL OTHER 21,132 21,132 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 6,820,454 7,151,962 TOTAL TAXABLE VALUE 32,504,589 29,344,047 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:45:56 2005 FINAL VALUES WORKSHEET REPT: PTS265 219/Swisher VRSN: W 219-905/Kress 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 50,462,497 2,644,050 47,818,447 0 50,462,497 47,818,447 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 ****
