DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:46:09 2004 ISD SUMMARY WORKSHEET REPT: PTS265 234/Van Zandt VRSN: W 234-907/Wills Point ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 183,034,841 .9117 200,762,138 183,034,841 B. MULTIFAMILY RESIDENCES 1,071,620 ** 1,071,620 1,071,620 C. VACANT LOTS 8,540,660 ** 8,540,660 8,540,660 D. RURAL REAL(TAXABLE) 157,087,811 1.0870 144,512,594 157,087,811 F1. COMMERCIAL REAL 22,718,070 .8165 27,823,723 22,718,070 F2. INDUSTRIAL REAL 351,330 ** 351,330 351,330 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 26,327,820 .9904 26,583,017 26,327,820 L1. COMMERCIAL PERSONAL 16,180,600 ** 16,180,600 16,180,600 L2. INDUSTRIAL PERSONAL 8,095,860 ** 8,095,860 8,095,860 M. MOBILE HOMES 18,741,876 ** 18,741,876 18,741,876 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 1,862,600 ** 1,862,600 1,862,600 S. SPECIAL INVENTORY 2,998,030 ** 2,998,030 2,998,030 ___________________ ___________________ ___________________ SUBTOTAL 447,011,118 457,524,048 447,011,118 LESS TOTAL DEDUCTIONS 90,287,279 97,263,389 90,287,279 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 356,723,839 360,260,659 356,723,839 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 61,532,276 61,532,276 MKT VALUE NON-QUAL CAP VALUE LOSS 3,722,299 4,082,811 ACRES & FRM/RNCH IMPRV 145,171,001 1.0603 136,915,025 OVER 65 FREZ LOSS 24,665,786 31,281,384 PROD VAL QUAL ACRES 11,916,810 1.5685 7,597,569 ALL OTHER 366,918 366,918 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 90,287,279 97,263,389 TOTAL TAXABLE VALUE 157,087,811 144,512,594 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:46:09 2004 FINAL VALUES WORKSHEET REPT: PTS265 234/Van Zandt VRSN: W 234-907/Wills Point 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 389,291,094 32,567,255 356,723,839 0 389,291,094 356,723,839 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 ****
