DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:37:57 2004 ISD SUMMARY WORKSHEET REPT: PTS265 170/Montgomery VRSN: W 170-906/Magnolia ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 1,342,273,573 .9576 1,401,705,903 1,342,273,573 B. MULTIFAMILY RESIDENCES 3,210,960 ** 3,210,960 3,210,960 C. VACANT LOTS 167,032,964 .8895 187,782,984 167,032,964 D. RURAL REAL(TAXABLE) 143,851,373 .9930 144,860,192 143,851,373 F1. COMMERCIAL REAL 85,576,705 ** 85,576,705 85,576,705 F2. INDUSTRIAL REAL 2,503,020 ** 2,503,020 2,503,020 G. OIL,GAS,MINERALS 42,233,700 1.0000 42,233,700 42,233,700 J. UTILITIES 51,505,329 ** 51,505,329 51,505,329 L1. COMMERCIAL PERSONAL 62,325,761 ** 62,325,761 62,325,761 L2. INDUSTRIAL PERSONAL 12,887,520 ** 12,887,520 12,887,520 M. MOBILE HOMES 21,571,692 ** 21,571,692 21,571,692 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 266,154 ** 266,154 266,154 ___________________ ___________________ ___________________ SUBTOTAL 1,935,238,751 2,016,429,920 1,935,238,751 LESS TOTAL DEDUCTIONS 193,465,791 199,422,646 193,465,791 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 1,741,772,960 1,817,007,274 1,741,772,960 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 161,846,873 161,846,873 MKT VALUE NON-QUAL CAP VALUE LOSS 11,657,007 12,173,148 ACRES & FRM/RNCH IMPRV 121,179,809 .9875 122,713,731 OVER 65 FREZ LOSS 18,200,000 23,640,714 PROD VAL QUAL ACRES 22,671,564 1.0237 22,146,461 ALL OTHER 1,761,911 1,761,911 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 193,465,791 199,422,646 TOTAL TAXABLE VALUE 143,851,373 144,860,192 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:37:57 2004 FINAL VALUES WORKSHEET REPT: PTS265 170/Montgomery VRSN: W 170-906/Magnolia 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 1,837,136,973 95,364,013 1,741,772,960 0 1,837,136,973 1,741,772,960 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 ****
