DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:19:48 2004 ISD SUMMARY WORKSHEET REPT: PTS265 044/Collingsworth VRSN: W 044-902/Wellington ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 32,037,290 1.0420 30,745,960 32,037,290 B. MULTIFAMILY RESIDENCES 254,600 ** 254,600 254,600 C. VACANT LOTS 342,480 ** 342,480 342,480 D. RURAL REAL(TAXABLE) 28,947,300 .9561 30,276,845 28,947,300 F1. COMMERCIAL REAL 4,382,240 .9034 4,850,830 4,382,240 F2. INDUSTRIAL REAL 1,291,300 ** 1,291,300 1,291,300 G. OIL,GAS,MINERALS 3,080 ** 3,080 3,080 J. UTILITIES 6,290,110 1.0004 6,287,595 6,290,110 L1. COMMERCIAL PERSONAL 3,056,020 ** 3,056,020 3,056,020 L2. INDUSTRIAL PERSONAL 125,660 ** 125,660 125,660 M. MOBILE HOMES 83,130 ** 83,130 83,130 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 76,813,210 77,317,500 76,813,210 LESS TOTAL DEDUCTIONS 16,930,590 16,442,572 16,930,590 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 59,882,620 60,874,928 59,882,620 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 13,378,180 13,378,180 MKT VALUE NON-QUAL CAP VALUE LOSS 629,470 604,098 ACRES & FRM/RNCH IMPRV 7,494,930 .6849 10,943,101 OVER 65 FREZ LOSS 2,922,940 2,460,294 PROD VAL QUAL ACRES 21,452,370 1.1096 19,333,744 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 16,930,590 16,442,572 TOTAL TAXABLE VALUE 28,947,300 30,276,845 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:19:48 2004 FINAL VALUES WORKSHEET REPT: PTS265 044/Collingsworth VRSN: W 044-902/Wellington 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 66,745,040 6,862,420 59,882,620 0 66,745,040 59,882,620 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 ****
