DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:18:46 2004 ISD SUMMARY WORKSHEET REPT: PTS265 037/Cherokee VRSN: W 037-907/Rusk ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 96,034,269 1.0091 95,168,238 96,034,269 B. MULTIFAMILY RESIDENCES 1,165,590 ** 1,165,590 1,165,590 C. VACANT LOTS 3,705,640 ** 3,705,640 3,705,640 D. RURAL REAL(TAXABLE) 103,998,150 1.0226 101,701,302 103,998,150 F1. COMMERCIAL REAL 16,170,340 .9767 16,556,097 16,170,340 F2. INDUSTRIAL REAL 16,078,520 ** 16,078,520 16,078,520 G. OIL,GAS,MINERALS 44,229,473 1.0073 43,908,938 44,229,473 J. UTILITIES 24,572,850 .9897 24,828,584 24,572,850 L1. COMMERCIAL PERSONAL 7,990,170 ** 7,990,170 7,990,170 L2. INDUSTRIAL PERSONAL 9,663,000 ** 9,663,000 9,663,000 M. MOBILE HOMES 2,916,990 ** 2,916,990 2,916,990 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 29,780 ** 29,780 29,780 S. SPECIAL INVENTORY 1,312,470 ** 1,312,470 1,312,470 ___________________ ___________________ ___________________ SUBTOTAL 327,867,242 325,025,319 327,867,242 LESS TOTAL DEDUCTIONS 62,991,320 62,540,836 62,991,320 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 264,875,922 262,484,483 264,875,922 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 44,936,828 44,936,828 MKT VALUE NON-QUAL CAP VALUE LOSS 5,332,171 5,284,086 ACRES & FRM/RNCH IMPRV 79,596,650 1.0106 78,761,775 OVER 65 FREZ LOSS 12,559,611 12,157,212 PROD VAL QUAL ACRES 24,401,500 1.0637 22,939,527 ALL OTHER 162,710 162,710 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 62,991,320 62,540,836 TOTAL TAXABLE VALUE 103,998,150 101,701,302 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:18:46 2004 FINAL VALUES WORKSHEET REPT: PTS265 037/Cherokee VRSN: W 037-907/Rusk 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 287,900,345 23,024,423 264,875,922 0 287,900,345 264,875,922 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 ****
