DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:36:41 2004 ISD SUMMARY WORKSHEET REPT: PTS265 161/McLennan VRSN: W 161-920/China Spring ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 240,219,877 .9687 247,981,704 240,219,877 B. MULTIFAMILY RESIDENCES 16,743,268 ** 16,743,268 16,743,268 C. VACANT LOTS 10,302,985 ** 10,302,985 10,302,985 D. RURAL REAL(TAXABLE) 71,667,539 .9658 74,206,759 71,667,539 F1. COMMERCIAL REAL 6,351,828 ** 6,351,828 6,351,828 F2. INDUSTRIAL REAL 237,072 ** 237,072 237,072 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 9,450,556 ** 9,450,556 9,450,556 L1. COMMERCIAL PERSONAL 6,394,490 ** 6,394,490 6,394,490 L2. INDUSTRIAL PERSONAL 0 ** 0 0 M. MOBILE HOMES 4,005,266 ** 4,005,266 4,005,266 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 1,695,974 ** 1,695,974 1,695,974 S. SPECIAL INVENTORY 95,191 ** 95,191 95,191 ___________________ ___________________ ___________________ SUBTOTAL 367,164,046 377,465,093 367,164,046 LESS TOTAL DEDUCTIONS 55,135,406 56,745,781 55,135,406 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 312,028,640 320,719,312 312,028,640 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 37,244,792 37,244,792 MKT VALUE NON-QUAL CAP VALUE LOSS 5,945,719 6,137,833 ACRES & FRM/RNCH IMPRV 68,358,389 .9579 71,362,761 OVER 65 FREZ LOSS 11,747,169 13,165,430 PROD VAL QUAL ACRES 3,309,150 1.1636 2,843,998 ALL OTHER 197,726 197,726 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 55,135,406 56,745,781 TOTAL TAXABLE VALUE 71,667,539 74,206,759 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:36:41 2004 FINAL VALUES WORKSHEET REPT: PTS265 161/McLennan VRSN: W 161-920/China Spring 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 333,170,009 21,141,369 312,028,640 0 333,170,009 312,028,640 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 ****
