DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:38:49 2004 ISD SUMMARY WORKSHEET REPT: PTS265 176/Newton VRSN: W 176-902/Newton ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 57,941,665 .9334 62,075,921 57,941,665 B. MULTIFAMILY RESIDENCES 572,681 ** 572,681 572,681 C. VACANT LOTS 2,366,123 ** 2,366,123 2,366,123 D. RURAL REAL(TAXABLE) 78,637,132 .9857 79,781,828 78,637,132 F1. COMMERCIAL REAL 6,284,867 ** 6,284,867 6,284,867 F2. INDUSTRIAL REAL 8,113,438 ** 8,113,438 8,113,438 G. OIL,GAS,MINERALS 9,251,708 .7850 11,785,615 9,251,708 J. UTILITIES 13,639,325 .9876 13,810,576 13,639,325 L1. COMMERCIAL PERSONAL 4,294,488 ** 4,294,488 4,294,488 L2. INDUSTRIAL PERSONAL 4,271,150 ** 4,271,150 4,271,150 M. MOBILE HOMES 5,154,747 ** 5,154,747 5,154,747 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 3,120 ** 3,120 3,120 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 190,530,444 198,514,554 190,530,444 LESS TOTAL DEDUCTIONS 37,074,852 38,656,562 37,074,852 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 153,455,592 159,857,992 153,455,592 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 31,240,541 31,240,541 MKT VALUE NON-QUAL CAP VALUE LOSS 464,188 497,309 ACRES & FRM/RNCH IMPRV 21,872,407 1.0228 21,384,833 OVER 65 FREZ LOSS 5,370,123 6,918,712 PROD VAL QUAL ACRES 56,764,725 .9720 58,396,995 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 37,074,852 38,656,562 TOTAL TAXABLE VALUE 78,637,132 79,781,828 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:38:49 2004 FINAL VALUES WORKSHEET REPT: PTS265 176/Newton VRSN: W 176-902/Newton 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 170,014,822 16,559,230 153,455,592 5,012,354 165,002,468 148,443,238 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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE/TWO OF A GRACE PERIOD. **** END OF REPORT ****
