DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:59:04 2004 ISD SUMMARY WORKSHEET REPT: PTS265 018/Bosque VRSN: P 018-904/Valley Mills ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 41,398,040 .9591 43,163,424 41,398,040 B. MULTIFAMILY RESIDENCES 388,260 ** 388,260 388,260 C. VACANT LOTS 1,542,130 ** 1,542,130 1,542,130 D. RURAL REAL(TAXABLE) 55,405,429 .8850 62,608,359 55,405,429 F1. COMMERCIAL REAL 3,347,025 ** 3,347,025 3,347,025 F2. INDUSTRIAL REAL 2,720,490 ** 2,720,490 2,720,490 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 9,765,640 .9874 9,890,257 9,765,640 L1. COMMERCIAL PERSONAL 3,324,819 ** 3,324,819 3,324,819 L2. INDUSTRIAL PERSONAL 27,966,301 ** 27,966,301 27,966,301 M. MOBILE HOMES 1,466,800 ** 1,466,800 1,466,800 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 113,546 ** 113,546 113,546 ___________________ ___________________ ___________________ SUBTOTAL 147,438,480 156,531,411 147,438,480 LESS TOTAL DEDUCTIONS 19,152,421 19,897,926 19,152,421 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 128,286,059 136,633,485 128,286,059 T2** ** THIS DISTRICT IS IN YEAR 2 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 13,544,748 13,544,748 MKT VALUE NON-QUAL CAP VALUE LOSS 1,202,950 1,254,249 ACRES & FRM/RNCH IMPRV 46,775,389 .8581 54,510,417 OVER 65 FREZ LOSS 4,009,973 4,704,179 PROD VAL QUAL ACRES 8,630,040 1.0657 8,097,942 ALL OTHER 394,750 394,750 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 19,152,421 19,897,926 TOTAL TAXABLE VALUE 55,405,429 62,608,359 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:59:04 2004 ISD SUMMARY WORKSHEET REPT: PTS265 018/Bosque VRSN: P 018-904/Valley Mills 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 135,335,800 7,049,741 128,286,059 0 135,335,800 128,286,059 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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE/TWO OF A GRACE PERIOD. **** END OF REPORT ****
