DATE: 01/27/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:51:37 2005 ISD SUMMARY WORKSHEET REPT: PTS265 234/Van Zandt VRSN: W 234-902/Canton ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 208,823,190 .9056 230,590,978 208,823,190 B. MULTIFAMILY RESIDENCES 3,694,120 ** 3,694,120 3,694,120 C. VACANT LOTS 4,606,940 ** 4,606,940 4,606,940 D. RURAL REAL(TAXABLE) 165,648,630 1.0204 162,344,674 165,648,630 F1. COMMERCIAL REAL 104,217,110 .9289 112,194,111 104,217,110 F2. INDUSTRIAL REAL 669,610 ** 669,610 669,610 G. OIL,GAS,MINERALS 2,392,661 ** 2,392,661 2,392,661 J. UTILITIES 23,333,060 ** 23,333,060 23,333,060 L1. COMMERCIAL PERSONAL 31,394,350 1.0223 30,709,528 31,394,350 L2. INDUSTRIAL PERSONAL 9,726,560 ** 9,726,560 9,726,560 M. MOBILE HOMES 8,613,040 ** 8,613,040 8,613,040 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 723,230 ** 723,230 723,230 S. SPECIAL INVENTORY 3,494,920 ** 3,494,920 3,494,920 ___________________ ___________________ ___________________ SUBTOTAL 567,337,421 593,093,432 567,337,421 LESS TOTAL DEDUCTIONS 97,165,635 108,217,963 97,165,635 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 470,171,786 484,875,469 470,171,786 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 57,682,280 57,682,280 MKT VALUE NON-QUAL CAP VALUE LOSS 4,709,480 5,200,398 ACRES & FRM/RNCH IMPRV 156,155,990 .9997 156,202,851 OVER 65 FREZ LOSS 34,773,875 45,335,285 PROD VAL QUAL ACRES 9,492,640 1.5456 6,141,823 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 97,165,635 108,217,963 TOTAL TAXABLE VALUE 165,648,630 162,344,674 DATE: 01/27/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:51:37 2005 FINAL VALUES WORKSHEET REPT: PTS265 234/Van Zandt VRSN: W 234-902/Canton 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 499,077,676 28,905,890 470,171,786 0 499,077,676 470,171,786 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 ****
