DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:39:59 2004 ISD SUMMARY WORKSHEET REPT: PTS265 183/Panola VRSN: W 183-904/Gary ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 21,868,730 .9498 23,024,563 21,868,730 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 647,730 ** 647,730 647,730 D. RURAL REAL(TAXABLE) 20,678,350 1.0579 19,545,979 20,678,350 F1. COMMERCIAL REAL 637,060 ** 637,060 637,060 F2. INDUSTRIAL REAL 4,400 ** 4,400 4,400 G. OIL,GAS,MINERALS 73,319,770 1.0507 69,781,831 73,319,770 J. UTILITIES 10,324,490 1.0674 9,672,559 10,324,490 L1. COMMERCIAL PERSONAL 1,099,530 ** 1,099,530 1,099,530 L2. INDUSTRIAL PERSONAL 1,511,950 ** 1,511,950 1,511,950 M. MOBILE HOMES 2,329,530 ** 2,329,530 2,329,530 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 7,500 ** 7,500 7,500 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 132,429,040 128,262,632 132,429,040 LESS TOTAL DEDUCTIONS 13,229,903 13,746,279 13,229,903 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 119,199,137 114,516,353 119,199,137 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 9,876,930 9,876,930 MKT VALUE NON-QUAL CAP VALUE LOSS 379,580 399,642 ACRES & FRM/RNCH IMPRV 12,533,590 1.0705 11,708,164 OVER 65 FREZ LOSS 2,973,393 3,469,707 PROD VAL QUAL ACRES 8,144,760 1.0392 7,837,815 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 13,229,903 13,746,279 TOTAL TAXABLE VALUE 20,678,350 19,545,979 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:39:59 2004 FINAL VALUES WORKSHEET REPT: PTS265 183/Panola VRSN: W 183-904/Gary 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 124,297,737 5,098,600 119,199,137 2,499,475 121,798,262 116,699,662 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 ****
