DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:38:59 2004 ISD SUMMARY WORKSHEET REPT: PTS265 177/Nolan VRSN: W 177-905/Highland ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 889,155 ** 889,155 889,155 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 46,710 ** 46,710 46,710 D. RURAL REAL(TAXABLE) 12,772,083 .9580 13,331,984 12,772,083 F1. COMMERCIAL REAL 162,361 ** 162,361 162,361 F2. INDUSTRIAL REAL 1,514,990 ** 1,514,990 1,514,990 G. OIL,GAS,MINERALS 24,145,080 .9652 25,015,624 24,145,080 J. UTILITIES 6,358,525 .7414 8,576,376 6,358,525 L1. COMMERCIAL PERSONAL 102,711 ** 102,711 102,711 L2. INDUSTRIAL PERSONAL 31,097,570 ** 31,097,570 31,097,570 M. MOBILE HOMES 352,303 ** 352,303 352,303 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 77,441,488 81,089,784 77,441,488 LESS TOTAL DEDUCTIONS 6,218,214 6,218,214 6,218,214 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 71,223,274 74,871,570 71,223,274 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 1,802,593 1,802,593 MKT VALUE NON-QUAL CAP VALUE LOSS 35,794 35,794 ACRES & FRM/RNCH IMPRV 6,762,125 .9900 6,830,429 OVER 65 FREZ LOSS 268,447 268,447 PROD VAL QUAL ACRES 6,009,958 .9244 6,501,555 ALL OTHER 4,111,380 4,111,380 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 6,218,214 6,218,214 TOTAL TAXABLE VALUE 12,772,083 13,331,984 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:38:59 2004 FINAL VALUES WORKSHEET REPT: PTS265 177/Nolan VRSN: W 177-905/Highland 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 72,186,574 963,300 71,223,274 0 72,186,574 71,223,274 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 ****
