DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:47:09 2004 ISD SUMMARY WORKSHEET REPT: PTS265 243/Wichita VRSN: W 243-903/Iowa Park CISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 230,747,410 .9666 238,720,681 230,747,410 B. MULTIFAMILY RESIDENCES 3,808,469 ** 3,808,469 3,808,469 C. VACANT LOTS 3,697,274 ** 3,697,274 3,697,274 D. RURAL REAL(TAXABLE) 33,362,836 .9942 33,556,583 33,362,836 F1. COMMERCIAL REAL 14,135,451 ** 14,135,451 14,135,451 F2. INDUSTRIAL REAL 18,588,960 ** 18,588,960 18,588,960 G. OIL,GAS,MINERALS 26,238,440 .9855 26,624,495 26,238,440 J. UTILITIES 20,028,855 1.0176 19,682,444 20,028,855 L1. COMMERCIAL PERSONAL 19,684,942 1.0055 19,577,267 19,684,942 L2. INDUSTRIAL PERSONAL 96,814,663 ** 96,814,663 96,814,663 M. MOBILE HOMES 255,520 ** 255,520 255,520 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 260,580 ** 260,580 260,580 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 467,623,400 475,722,387 467,623,400 LESS TOTAL DEDUCTIONS 84,392,172 86,446,538 84,392,172 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 383,231,228 389,275,849 383,231,228 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 50,944,819 50,944,819 MKT VALUE NON-QUAL CAP VALUE LOSS 5,194,531 5,374,023 ACRES & FRM/RNCH IMPRV 21,755,712 .9522 22,847,839 OVER 65 FREZ LOSS 16,587,848 18,462,722 PROD VAL QUAL ACRES 11,607,124 1.0839 10,708,744 ALL OTHER 11,664,974 11,664,974 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 84,392,172 86,446,538 TOTAL TAXABLE VALUE 33,362,836 33,556,583 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:47:09 2004 FINAL VALUES WORKSHEET REPT: PTS265 243/Wichita VRSN: W 243-903/Iowa Park CISD ____________________________________________________________________________________________________________________________________ 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 410,129,830 26,898,602 383,231,228 0 410,129,830 383,231,228 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 ****
