DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:43:36 2004 ISD SUMMARY WORKSHEET REPT: PTS265 219/Swisher VRSN: W 219-901/Happy ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 6,720,144 .9596 7,003,068 6,720,144 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 217,859 ** 217,859 217,859 D. RURAL REAL(TAXABLE) 29,805,703 1.1242 26,513,321 29,805,703 F1. COMMERCIAL REAL 454,097 ** 454,097 454,097 F2. INDUSTRIAL REAL 7,488,250 ** 7,488,250 7,488,250 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 9,094,610 1.0238 8,883,190 9,094,610 L1. COMMERCIAL PERSONAL 2,990,420 ** 2,990,420 2,990,420 L2. INDUSTRIAL PERSONAL 4,278,465 ** 4,278,465 4,278,465 M. MOBILE HOMES 553,813 ** 553,813 553,813 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 61,603,361 58,382,483 61,603,361 LESS TOTAL DEDUCTIONS 6,762,850 7,005,749 6,762,850 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 54,840,511 51,376,734 54,840,511 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 4,965,647 4,965,647 MKT VALUE NON-QUAL CAP VALUE LOSS 260,136 271,088 ACRES & FRM/RNCH IMPRV 11,143,154 .9959 11,189,029 OVER 65 FREZ LOSS 1,537,067 1,769,014 PROD VAL QUAL ACRES 18,662,549 1.2178 15,324,292 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 6,762,850 7,005,749 TOTAL TAXABLE VALUE 29,805,703 26,513,321 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:43:36 2004 FINAL VALUES WORKSHEET REPT: PTS265 219/Swisher VRSN: W 219-901/Happy 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 57,391,398 2,550,887 54,840,511 0 57,391,398 54,840,511 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 ****
