DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:41:45 2004 ISD SUMMARY WORKSHEET REPT: PTS265 200/Runnels VRSN: W 200-906/Olfen ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 79,470 ** 79,470 79,470 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 34,420 ** 34,420 34,420 D. RURAL REAL(TAXABLE) 2,657,010 1.0423 2,549,294 2,657,010 F1. COMMERCIAL REAL 2,110 ** 2,110 2,110 F2. INDUSTRIAL REAL 0 ** 0 0 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 1,336,780 1.0459 1,278,115 1,336,780 L1. COMMERCIAL PERSONAL 2,000 ** 2,000 2,000 L2. INDUSTRIAL PERSONAL 31,550 ** 31,550 31,550 M. MOBILE HOMES 8,330 ** 8,330 8,330 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 4,151,670 3,985,289 4,151,670 LESS TOTAL DEDUCTIONS 687,497 687,497 687,497 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 3,464,173 3,297,792 3,464,173 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 597,844 597,844 MKT VALUE NON-QUAL CAP VALUE LOSS 15,213 15,213 ACRES & FRM/RNCH IMPRV 1,611,140 .9952 1,618,911 OVER 65 FREZ LOSS 74,440 74,440 PROD VAL QUAL ACRES 1,045,870 1.1241 930,383 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 687,497 687,497 TOTAL TAXABLE VALUE 2,657,010 2,549,294 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:41:45 2004 FINAL VALUES WORKSHEET REPT: PTS265 200/Runnels VRSN: W 200-906/Olfen 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 3,782,837 318,664 3,464,173 0 3,782,837 3,464,173 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 ****
