DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:17:24 2004 ISD SUMMARY WORKSHEET REPT: PTS265 026/Burleson VRSN: W 026-902/Somerville ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 48,914,103 .8525 57,377,247 48,914,103 B. MULTIFAMILY RESIDENCES 178,150 ** 178,150 178,150 C. VACANT LOTS 11,642,283 1.1475 10,145,780 11,642,283 D. RURAL REAL(TAXABLE) 33,255,774 1.1204 29,681,080 33,255,774 F1. COMMERCIAL REAL 7,790,600 ** 7,790,600 7,790,600 F2. INDUSTRIAL REAL 680,024 ** 680,024 680,024 G. OIL,GAS,MINERALS 16,838,270 .9813 17,159,146 16,838,270 J. UTILITIES 31,736,420 .9881 32,118,632 31,736,420 L1. COMMERCIAL PERSONAL 3,262,307 ** 3,262,307 3,262,307 L2. INDUSTRIAL PERSONAL 8,908,097 ** 8,908,097 8,908,097 M. MOBILE HOMES 1,941,678 ** 1,941,678 1,941,678 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 43,750 ** 43,750 43,750 S. SPECIAL INVENTORY 2,130 ** 2,130 2,130 ___________________ ___________________ ___________________ SUBTOTAL 165,193,586 169,288,621 165,193,586 LESS TOTAL DEDUCTIONS 26,994,418 30,443,939 26,994,418 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 138,199,168 138,844,682 138,199,168 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 21,511,580 21,511,580 MKT VALUE NON-QUAL CAP VALUE LOSS 111,233 130,479 ACRES & FRM/RNCH IMPRV 30,259,084 1.1175 27,077,480 OVER 65 FREZ LOSS 4,147,875 7,578,150 PROD VAL QUAL ACRES 2,996,690 1.1510 2,603,600 ALL OTHER 1,223,730 1,223,730 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 26,994,418 30,443,939 TOTAL TAXABLE VALUE 33,255,774 29,681,080 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:17:24 2004 FINAL VALUES WORKSHEET REPT: PTS265 026/Burleson VRSN: W 026-902/Somerville 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 149,309,398 11,110,230 138,199,168 0 149,309,398 138,199,168 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 ****
