Skip to content
Quick Start for:

DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 10:56:58                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              001/Anderson                                          VRSN: P

                                                        001-907/Palestine ISD

____________________________________________________________________________________________________________________________________

                                        LOCAL TAX             2004 WTD                     2004 PTD                2004 VALUE
CATEGORY                               ROLL VALUE           MEAN RATIO               VALUE ESTIMATE                  ASSIGNED
________                      ___________________           __________          ___________________             _____________

A.  SINGLE-FAMILY RESIDENCES          305,136,383                .9897                  308,311,997               305,136,383
B.  MULTIFAMILY RESIDENCES             19,349,570                   **                   19,349,570                19,349,570
C.  VACANT LOTS                         7,305,200                   **                    7,305,200                 7,305,200
D.  RURAL REAL(TAXABLE)               138,580,035                .9679                  143,173,381               138,580,035
F1. COMMERCIAL REAL                   138,915,922                .9877                  140,645,866               138,915,922
F2. INDUSTRIAL REAL                    16,931,650                   **                   16,931,650                16,931,650
G.  OIL,GAS,MINERALS                    2,344,220                   **                    2,344,220                 2,344,220
J.  UTILITIES                          43,407,270                .9602                   45,206,488                43,407,270
L1. COMMERCIAL PERSONAL                97,485,020               1.0978                   88,800,346                97,485,020
L2. INDUSTRIAL PERSONAL                57,365,566                   **                   57,365,566                57,365,566
M.  MOBILE HOMES                        7,194,330                   **                    7,194,330                 7,194,330
N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0
O.  RESIDENTIAL INVENTORY                 216,202                   **                      216,202                   216,202
S.  SPECIAL INVENTORY                   4,414,450                   **                    4,414,450                 4,414,450
                              ___________________                               ___________________       ___________________

SUBTOTAL                              838,645,818                                       841,259,266               838,645,818

LESS TOTAL DEDUCTIONS                 130,180,154                                       131,306,533               130,180,154
                              ___________________                               ___________________       ___________________

TOTAL TAXABLE VALUE                   708,465,664                                       709,952,733               708,465,664 T2
____________________________________________________________________________________________________________________________________

                   LOCAL REPORTED       PTD ESTIMATE                                 LOCAL TAX ROLL          RATIO         PTD VALUE
                   ______________       ____________                                 ______________                      ___________

HOMESTEAD & VETS       87,669,641         87,669,641    MKT VALUE NON-QUAL

CAP VALUE LOSS          1,507,160          1,522,845    ACRES & FRM/RNCH IMPRV          128,929,585          .9559       134,877,691

OVER 65 FREZ LOSS      28,502,488         29,613,182    PROD VAL QUAL ACRES               9,650,450         1.1633         8,295,690

ALL OTHER              12,500,865         12,500,865
                  _______________    _______________                                _______________                  _______________

TOTAL DEDUCTIONS      130,180,154        131,306,533    TOTAL TAXABLE VALUE             138,580,035                      143,173,381

DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 002
TIME: 10:56:58                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              001/Anderson                                          VRSN: P
                                                        001-907/Palestine 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
___________________  ___________________  ___________________  ____________________   ____________________    ___________________

      753,833,805             45,368,141       708,465,664                       0          753,833,805            708,465,664

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 ****