DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:43:00 2004 ISD SUMMARY WORKSHEET REPT: PTS265 211/Sherman VRSN: W 211-901/Texhoma ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 4,271,680 ** 4,271,680 4,271,680 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 74,460 ** 74,460 74,460 D. RURAL REAL(TAXABLE) 17,622,910 1.1138 15,822,832 17,622,910 F1. COMMERCIAL REAL 1,956,250 ** 1,956,250 1,956,250 F2. INDUSTRIAL REAL 6,389,510 ** 6,389,510 6,389,510 G. OIL,GAS,MINERALS 53,037,900 1.0385 51,071,642 53,037,900 J. UTILITIES 12,330,150 1.0306 11,964,050 12,330,150 L1. COMMERCIAL PERSONAL 1,923,140 ** 1,923,140 1,923,140 L2. INDUSTRIAL PERSONAL 150,000 ** 150,000 150,000 M. MOBILE HOMES 248,370 ** 248,370 248,370 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 98,004,370 93,871,934 98,004,370 LESS TOTAL DEDUCTIONS 2,780,833 2,780,833 2,780,833 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 95,223,537 91,091,101 95,223,537 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 2,253,310 2,253,310 MKT VALUE NON-QUAL CAP VALUE LOSS 121,060 121,060 ACRES & FRM/RNCH IMPRV 2,543,820 1.1649 2,183,724 OVER 65 FREZ LOSS 301,209 301,209 PROD VAL QUAL ACRES 15,079,090 1.1056 13,639,108 ALL OTHER 105,254 105,254 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 2,780,833 2,780,833 TOTAL TAXABLE VALUE 17,622,910 15,822,832 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:43:00 2004 FINAL VALUES WORKSHEET REPT: PTS265 211/Sherman VRSN: W 211-901/Texhoma 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 96,465,277 1,241,740 95,223,537 0 96,465,277 95,223,537 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 LOCAL VALUE IS HIGHER THAN THE STATE VALUE **** END OF REPORT ****
