DATE: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 1 TIME: 15:59 2003 PROPERTY VALUE STUDY RPT: VAL7175 SCHOOL DISTRICT SUMMARY WORKSHEET 165-901 Midland 165 Midland ------------------------------------------------------------------------------------------------------------------------------------ LOCAL TAX 2003 WTD 2003 PTD 2003 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ------------------------------------------------------------------------------------------------------------------------------------ A. SINGLE-FAMILY RESIDENCES 2,533,004,907 .9607 2,636,624,240 2,533,004,907 A. B. MULTI-FAMILY RESIDENCES 101,664,350 ** 101,664,350 101,664,350 B. C. VACANT LOTS 50,619,011 ** 50,619,011 50,619,011 C. D. RURAL REAL (TAXABLE) 83,116,385 .9899 83,963,628 83,116,385 D. F1. COMMERCIAL REAL 688,992,476 1.0145 679,144,875 688,992,476 F1. F2. INDUSTRIAL REAL 17,793,290 ** 17,793,290 17,793,290 F2. G. OIL, GAS, MINERALS 817,346,160 .9729 840,113,228 817,346,160 G. J. UTILITIES 221,032,790 ** 221,032,790 221,032,790 J. L1. COMMERCIAL PERSONAL 490,819,770 .9915 495,027,504 490,819,770 L1. L2. INDUSTRIAL PERSONAL 244,717,810 ** 244,717,810 244,717,810 L2. M. MOBILE HOMES 23,407,850 ** 23,407,850 23,407,850 M. N. INTANGIBLE PERSONAL & UNCERTIFIED 0 0 0 N. O. RESIDENTIAL INVENTORY 7,953,020 ** 7,953,020 7,953,020 O. S. SPECIAL INVENTORY 23,545,920 ** 23,545,920 23,545,920 S. ------------------- ----------------- ----------------- SUBTOTALS: 5,304,013,739 5,425,607,516 5,304,013,739 LESS TOTAL DEDUCTIONS: 631,463,165 654,479,348 631,463,165 ------------------- ----------------- ----------------- TOTAL TAXABLE VALUE: 4,672,550,574 4,771,128,168 4,672,550,574 T2* ** NO SAMPLE FOR CATEGORY * SEE THE FINAL VALUES WORKSHEET FOR ALTERNATIVE FINAL VALUES (T1, T3, T4) ----------------------------------------------------------- ---------------------------------------------------------------------- DEDUCTIONS: SEC. 403.302, TEXAS GOVERNMENT CODE CATEGORY D RECAP ----------------------------------------------------------- ---------------------------------------------------------------------- 2003 PTD LOCAL REPORTED PTD ESTIMATE WTD MEAN PTD VALUE ----------------- ----------------- LOCAL TAX ROLL RATIO ESTIMATE HOMESTEAD & VETS: 418,064,589 418,064,589 -------------- --------- -------------- CAP VALUE LOSS: 19,307,752 20,097,587 MKT VALUE OF NON-QUAL OVER 65 FRZ LOSS: 192,830,386 215,056,734 ACRES & FRM/RNCH IMPRV: 74,751,515 ** 74,751,515 ALL OTHER: 1,260,438 1,260,438 PROD VAL OF QUAL ACRES: 8,364,870 .9080 9,212,113 ----------------- ----------------- -------------- -------------- TOTAL DEDUCTIONS: 631,463,165 654,479,348 TOTAL TAXABLE VALUE: 83,116,385 83,963,628
