Skip to content
Quick Start for:

DATE: 06/22/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 10:18:48                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              037/Cherokee                                          VRSN: W
                                                        037-908/New Summerfield ISD

____________________________________________________________________________________________________________________________________

                                        LOCAL TAX             2004 WTD                     2004 PTD                2004 VALUE
CATEGORY                               ROLL VALUE           MEAN RATIO               VALUE ESTIMATE                  ASSIGNED
________                      ___________________           __________          ___________________             _____________

A.  SINGLE-FAMILY RESIDENCES            9,821,590               1.0051                    9,771,754                 9,821,590

B.  MULTIFAMILY RESIDENCES                  4,820                   **                        4,820                     4,820

C.  VACANT LOTS                           434,170                   **                      434,170                   434,170

D.  RURAL REAL(TAXABLE)                17,493,860               1.0004                   17,486,112                17,493,860

F1. COMMERCIAL REAL                     2,266,290                .9978                    2,271,287                 2,266,290

F2. INDUSTRIAL REAL                     4,622,280                   **                    4,622,280                 4,622,280

G.  OIL,GAS,MINERALS                       50,880                   **                       50,880                    50,880

J.  UTILITIES                           1,941,180                .9785                    1,983,832                 1,941,180

L1. COMMERCIAL PERSONAL                 1,475,630                .9930                    1,486,032                 1,475,630

L2. INDUSTRIAL PERSONAL                 1,648,330                   **                    1,648,330                 1,648,330

M.  MOBILE HOMES                          522,960                   **                      522,960                   522,960

N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0

O.  RESIDENTIAL INVENTORY                       0                   **                            0                         0

S.  SPECIAL INVENTORY                      29,030                   **                       29,030                    29,030
                              ___________________                               ___________________       ___________________

SUBTOTAL                               40,311,020                                        40,311,487                40,311,020

LESS TOTAL DEDUCTIONS                   9,326,147                                         9,291,095                 9,326,147
                              ___________________                               ___________________       ___________________

TOTAL TAXABLE VALUE                    30,984,873                                        31,020,392                30,984,873 T2
____________________________________________________________________________________________________________________________________

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

HOMESTEAD & VETS        6,262,792          6,262,792    MKT VALUE NON-QUAL

CAP VALUE LOSS          1,813,423          1,804,221    ACRES & FRM/RNCH IMPRV           13,624,780          .9848        13,835,073

OVER 65 FREZ LOSS       1,249,932          1,224,082    PROD VAL QUAL ACRES               3,869,080         1.0597         3,651,039

ALL OTHER                       0                  0
                  _______________    _______________                                _______________                  _______________

TOTAL DEDUCTIONS        9,326,147          9,291,095    TOTAL TAXABLE VALUE              17,493,860                       17,486,112
DATE: 06/22/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 002
TIME: 10:18:48                                           2004 FINAL VALUES WORKSHEET                                REPT: PTS265
                                                              037/Cherokee                                          VRSN: W
                                                        037-908/New Summerfield 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
___________________  ___________________  ___________________  ____________________   ____________________    ___________________
       34,231,331              3,246,458        30,984,873                       0           34,231,331             30,984,873

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 ****