DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:44:55 2004 ISD SUMMARY WORKSHEET REPT: PTS265 226/Tom Green VRSN: W 226-908/Veribest ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 14,616,900 .9685 15,092,308 14,616,900 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 137,550 ** 137,550 137,550 D. RURAL REAL(TAXABLE) 22,751,605 1.0025 22,695,135 22,751,605 F1. COMMERCIAL REAL 1,862,800 ** 1,862,800 1,862,800 F2. INDUSTRIAL REAL 8,965,900 ** 8,965,900 8,965,900 G. OIL,GAS,MINERALS 1,614,650 ** 1,614,650 1,614,650 J. UTILITIES 5,174,187 1.0119 5,113,338 5,174,187 L1. COMMERCIAL PERSONAL 5,542,867 1.0092 5,492,337 5,542,867 L2. INDUSTRIAL PERSONAL 17,365,192 ** 17,365,192 17,365,192 M. MOBILE HOMES 226,400 ** 226,400 226,400 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 567,949 ** 567,949 567,949 ___________________ ___________________ ___________________ SUBTOTAL 78,826,000 79,133,559 78,826,000 LESS TOTAL DEDUCTIONS 17,788,451 17,959,173 17,788,451 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 61,037,549 61,174,386 61,037,549 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 5,744,800 5,744,800 MKT VALUE NON-QUAL CAP VALUE LOSS 10,800 11,151 ACRES & FRM/RNCH IMPRV 12,603,025 .9146 13,779,822 OVER 65 FREZ LOSS 1,527,160 1,697,531 PROD VAL QUAL ACRES 10,148,580 1.1383 8,915,313 ALL OTHER 10,505,691 10,505,691 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 17,788,451 17,959,173 TOTAL TAXABLE VALUE 22,751,605 22,695,135 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:44:55 2004 FINAL VALUES WORKSHEET REPT: PTS265 226/Tom Green VRSN: W 226-908/Veribest 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 64,141,949 3,104,400 61,037,549 1,830,280 62,311,669 59,207,269 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 ****
