DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:49:22 2005 ISD SUMMARY WORKSHEET REPT: PTS265 243/Wichita VRSN: W 243-903/Iowa Park CISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2005 WTD 2005 PTD 2005 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 250,039,100 .9597 260,538,814 250,039,100 B. MULTIFAMILY RESIDENCES 3,913,659 ** 3,913,659 3,913,659 C. VACANT LOTS 3,578,331 ** 3,578,331 3,578,331 D. RURAL REAL(TAXABLE) 35,881,198 .9656 37,159,915 35,881,198 F1. COMMERCIAL REAL 14,094,540 ** 14,094,540 14,094,540 F2. INDUSTRIAL REAL 18,199,572 ** 18,199,572 18,199,572 G. OIL,GAS,MINERALS 40,392,180 1.0067 40,123,354 40,392,180 J. UTILITIES 19,281,490 ** 19,281,490 19,281,490 L1. COMMERCIAL PERSONAL 20,330,153 .9866 20,606,277 20,330,153 L2. INDUSTRIAL PERSONAL 89,188,198 ** 89,188,198 89,188,198 M. MOBILE HOMES 1,324,128 ** 1,324,128 1,324,128 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 279,771 ** 279,771 279,771 S. SPECIAL INVENTORY 674,866 ** 674,866 674,866 ___________________ ___________________ ___________________ SUBTOTAL 497,177,186 508,962,915 497,177,186 LESS TOTAL DEDUCTIONS 88,175,808 91,013,031 88,175,808 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 409,001,378 417,949,884 409,001,378 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 51,089,149 51,089,149 MKT VALUE NON-QUAL CAP VALUE LOSS 6,868,516 7,156,941 ACRES & FRM/RNCH IMPRV 23,950,751 .9498 25,216,626 OVER 65 FREZ LOSS 19,556,835 22,105,633 PROD VAL QUAL ACRES 11,930,447 .9989 11,943,289 ALL OTHER 10,661,308 10,661,308 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 88,175,808 91,013,031 TOTAL TAXABLE VALUE 35,881,198 37,159,915 DATE: 01/23/2006 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:49:22 2005 FINAL VALUES WORKSHEET REPT: PTS265 243/Wichita VRSN: W 243-903/Iowa Park CISD ____________________________________________________________________________________________________________________________________ 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 435,789,076 26,787,698 409,001,378 0 435,789,076 409,001,378 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 ****
