DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:17:08 2004 ISD SUMMARY WORKSHEET REPT: PTS265 025/Brown VRSN: W 025-901/Bangs ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 86,540,850 .8746 98,949,062 86,540,850 B. MULTIFAMILY RESIDENCES 475,230 ** 475,230 475,230 C. VACANT LOTS 6,522,030 ** 6,522,030 6,522,030 D. RURAL REAL(TAXABLE) 46,596,740 .9401 49,566,377 46,596,740 F1. COMMERCIAL REAL 6,527,820 ** 6,527,820 6,527,820 F2. INDUSTRIAL REAL 799,290 ** 799,290 799,290 G. OIL,GAS,MINERALS 1,932,075 ** 1,932,075 1,932,075 J. UTILITIES 11,805,680 .9844 11,992,767 11,805,680 L1. COMMERCIAL PERSONAL 4,099,016 ** 4,099,016 4,099,016 L2. INDUSTRIAL PERSONAL 4,702,560 ** 4,702,560 4,702,560 M. MOBILE HOMES 4,133,380 ** 4,133,380 4,133,380 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 965,160 ** 965,160 965,160 S. SPECIAL INVENTORY 145,100 ** 145,100 145,100 ___________________ ___________________ ___________________ SUBTOTAL 175,244,931 190,809,867 175,244,931 LESS TOTAL DEDUCTIONS 34,454,140 38,042,521 34,454,140 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 140,790,791 152,767,346 140,790,791 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 30,512,825 30,512,825 MKT VALUE NON-QUAL CAP VALUE LOSS 317,435 362,949 ACRES & FRM/RNCH IMPRV 38,383,700 .9330 41,140,086 OVER 65 FREZ LOSS 3,284,963 6,827,830 PROD VAL QUAL ACRES 8,213,040 .9747 8,426,291 ALL OTHER 338,917 338,917 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 34,454,140 38,042,521 TOTAL TAXABLE VALUE 46,596,740 49,566,377 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:17:08 2004 FINAL VALUES WORKSHEET REPT: PTS265 025/Brown VRSN: W 025-901/Bangs 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 156,867,502 16,076,711 140,790,791 0 156,867,502 140,790,791 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 ****
