DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:47:07 2004 ISD SUMMARY WORKSHEET REPT: PTS265 243/Wichita VRSN: W 243-902/Electra ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 39,990,230 .9828 40,690,100 39,990,230 B. MULTIFAMILY RESIDENCES 960,331 ** 960,331 960,331 C. VACANT LOTS 480,422 ** 480,422 480,422 D. RURAL REAL(TAXABLE) 16,463,812 1.0845 15,181,068 16,463,812 F1. COMMERCIAL REAL 4,444,115 ** 4,444,115 4,444,115 F2. INDUSTRIAL REAL 2,699,483 ** 2,699,483 2,699,483 G. OIL,GAS,MINERALS 33,439,540 1.0188 32,822,477 33,439,540 J. UTILITIES 15,243,017 1.0098 15,095,085 15,243,017 L1. COMMERCIAL PERSONAL 8,788,066 .9700 9,059,862 8,788,066 L2. INDUSTRIAL PERSONAL 8,630,091 ** 8,630,091 8,630,091 M. MOBILE HOMES 0 ** 0 0 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 131,139,107 130,063,034 131,139,107 LESS TOTAL DEDUCTIONS 18,831,249 19,076,048 18,831,249 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 112,307,858 110,986,986 112,307,858 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 15,560,513 15,560,513 MKT VALUE NON-QUAL CAP VALUE LOSS 577,736 587,847 ACRES & FRM/RNCH IMPRV 3,182,682 .9704 3,279,763 OVER 65 FREZ LOSS 2,691,437 2,926,125 PROD VAL QUAL ACRES 13,281,130 1.1159 11,901,305 ALL OTHER 1,563 1,563 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 18,831,249 19,076,048 TOTAL TAXABLE VALUE 16,463,812 15,181,068 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:47:07 2004 FINAL VALUES WORKSHEET REPT: PTS265 243/Wichita VRSN: W 243-902/Electra 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 120,294,464 7,986,606 112,307,858 0 120,294,464 112,307,858 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 ****
