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DATE: 01/23/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 10:49:30                                           2005 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              244/Wilbarger                                         VRSN: W
                                                        244-903/Vernon ISD

____________________________________________________________________________________________________________________________________

                                        LOCAL TAX             2005 WTD                     2005 PTD                2005 VALUE
CATEGORY                               ROLL VALUE           MEAN RATIO               VALUE ESTIMATE                  ASSIGNED
________                      ___________________           __________          ___________________             _____________

A.  SINGLE-FAMILY RESIDENCES          152,879,360                .9350                  163,507,337               152,879,360

B.  MULTIFAMILY RESIDENCES              7,793,650                   **                    7,793,650                 7,793,650

C.  VACANT LOTS                         2,544,200                   **                    2,544,200                 2,544,200

D.  RURAL REAL(TAXABLE)                42,254,740                .9587                   44,074,451                42,254,740

F1. COMMERCIAL REAL                    39,637,920                .8726                   45,425,074                39,637,920

F2. INDUSTRIAL REAL                   358,791,420                   **                  358,791,420               358,791,420

G.  OIL,GAS,MINERALS                   12,959,110                   **                   12,959,110                12,959,110

J.  UTILITIES                          57,804,950                .9943                   58,136,327                57,804,950

L1. COMMERCIAL PERSONAL                28,375,890                .9830                   28,866,623                28,375,890

L2. INDUSTRIAL PERSONAL                43,391,430                   **                   43,391,430                43,391,430

M.  MOBILE HOMES                          925,840                   **                      925,840                   925,840

N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0

O.  RESIDENTIAL INVENTORY                       0                   **                            0                         0

S.  SPECIAL INVENTORY                           0                   **                            0                         0
                              ___________________                               ___________________       ___________________

SUBTOTAL                              747,358,510                                       766,415,462               747,358,510

LESS TOTAL DEDUCTIONS                  62,084,687                                        65,396,983                62,084,687
                              ___________________                               ___________________       ___________________

TOTAL TAXABLE VALUE                   685,273,823                                       701,018,479               685,273,823 T2*

                                                                                 * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD.
____________________________________________________________________________________________________________________________________

                   LOCAL REPORTED       PTD ESTIMATE                                 LOCAL TAX ROLL          RATIO         PTD VALUE
                   ______________       ____________                                 ______________                      ___________

HOMESTEAD & VETS       49,871,050         49,871,050    MKT VALUE NON-QUAL

CAP VALUE LOSS            100,040            106,995    ACRES & FRM/RNCH IMPRV           19,738,100          .9754        20,235,903

OVER 65 FREZ LOSS       8,444,457         11,749,798    PROD VAL QUAL ACRES              22,516,640          .9445        23,838,548

ALL OTHER               3,669,140          3,669,140
                  _______________    _______________                                _______________                  _______________

TOTAL DEDUCTIONS       62,084,687         65,396,983    TOTAL TAXABLE VALUE              42,254,740                       44,074,451
DATE: 01/23/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 002
TIME: 10:49:30                                           2005 FINAL VALUES WORKSHEET                                REPT: PTS265
                                                              244/Wilbarger                                         VRSN: W
                                                        244-903/Vernon 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
___________________  ___________________  ___________________  ____________________   ____________________    ___________________
      711,267,543             25,993,720       685,273,823                       0          711,267,543            685,273,823

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 ****