DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:18:50 2004 ISD SUMMARY WORKSHEET REPT: PTS265 037/Cherokee VRSN: W 037-909/Wells ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 9,149,310 .9507 9,623,761 9,149,310 B. MULTIFAMILY RESIDENCES 558,770 ** 558,770 558,770 C. VACANT LOTS 519,360 ** 519,360 519,360 D. RURAL REAL(TAXABLE) 20,673,290 .9943 20,792,302 20,673,290 F1. COMMERCIAL REAL 1,286,650 ** 1,286,650 1,286,650 F2. INDUSTRIAL REAL 0 ** 0 0 G. OIL,GAS,MINERALS 2,048,980 ** 2,048,980 2,048,980 J. UTILITIES 2,951,760 .9616 3,069,634 2,951,760 L1. COMMERCIAL PERSONAL 649,320 ** 649,320 649,320 L2. INDUSTRIAL PERSONAL 1,470 ** 1,470 1,470 M. MOBILE HOMES 352,920 ** 352,920 352,920 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 38,191,830 38,903,167 38,191,830 LESS TOTAL DEDUCTIONS 8,119,019 8,380,159 8,119,019 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 30,072,811 30,523,008 30,072,811 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 7,121,668 7,121,668 MKT VALUE NON-QUAL CAP VALUE LOSS 74,685 78,558 ACRES & FRM/RNCH IMPRV 12,091,030 .9410 12,849,129 OVER 65 FREZ LOSS 922,666 1,179,933 PROD VAL QUAL ACRES 8,582,260 1.0805 7,943,173 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 8,119,019 8,380,159 TOTAL TAXABLE VALUE 20,673,290 20,792,302 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:18:50 2004 FINAL VALUES WORKSHEET REPT: PTS265 037/Cherokee VRSN: W 037-909/Wells 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 33,658,031 3,585,220 30,072,811 0 33,658,031 30,072,811 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 ****
