DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:48:20 2005 ISD SUMMARY WORKSHEET REPT: PTS265 234/Van Zandt VRSN: W 234-905/Martins Mill ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 14,869,560 .9821 15,140,576 14,869,560 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 852,880 ** 852,880 852,880 D. RURAL REAL(TAXABLE) 52,598,270 1.1510 45,698,509 52,598,270 F1. COMMERCIAL REAL 2,253,460 ** 2,253,460 2,253,460 F2. INDUSTRIAL REAL 0 ** 0 0 G. OIL,GAS,MINERALS 1,276,854 ** 1,276,854 1,276,854 J. UTILITIES 3,972,200 ** 3,972,200 3,972,200 L1. COMMERCIAL PERSONAL 1,959,010 ** 1,959,010 1,959,010 L2. INDUSTRIAL PERSONAL 351,370 ** 351,370 351,370 M. MOBILE HOMES 2,690,860 ** 2,690,860 2,690,860 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 80,824,464 74,195,719 80,824,464 LESS TOTAL DEDUCTIONS 13,506,149 13,766,361 13,506,149 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 67,318,315 60,429,358 67,318,315 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 9,485,050 9,485,050 MKT VALUE NON-QUAL CAP VALUE LOSS 895,250 911,567 ACRES & FRM/RNCH IMPRV 48,397,510 1.1275 42,924,621 OVER 65 FREZ LOSS 3,125,849 3,369,744 PROD VAL QUAL ACRES 4,200,760 1.5144 2,773,888 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 13,506,149 13,766,361 TOTAL TAXABLE VALUE 52,598,270 45,698,509 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:48:20 2005 FINAL VALUES WORKSHEET REPT: PTS265 234/Van Zandt VRSN: W 234-905/Martins Mill 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 72,272,105 4,953,790 67,318,315 0 72,272,105 67,318,315 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 ****
