DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:00:27 2004 ISD SUMMARY WORKSHEET REPT: PTS265 025/Brown VRSN: P 025-909/Early ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 70,384,550 .9238 76,190,247 70,384,550 B. MULTIFAMILY RESIDENCES 4,555,410 ** 4,555,410 4,555,410 C. VACANT LOTS 2,049,310 ** 2,049,310 2,049,310 D. RURAL REAL(TAXABLE) 36,986,836 .9295 39,791,264 36,986,836 F1. COMMERCIAL REAL 25,814,650 .9766 26,433,187 25,814,650 F2. INDUSTRIAL REAL 1,360,200 ** 1,360,200 1,360,200 G. OIL,GAS,MINERALS 124,350 ** 124,350 124,350 J. UTILITIES 7,025,980 ** 7,025,980 7,025,980 L1. COMMERCIAL PERSONAL 18,267,350 .9778 18,682,092 18,267,350 L2. INDUSTRIAL PERSONAL 0 ** 0 0 M. MOBILE HOMES 2,836,670 ** 2,836,670 2,836,670 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 111,140 ** 111,140 111,140 S. SPECIAL INVENTORY 667,900 ** 667,900 667,900 ___________________ ___________________ ___________________ SUBTOTAL 170,184,346 179,827,750 170,184,346 LESS TOTAL DEDUCTIONS 29,338,436 31,142,326 29,338,436 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 140,845,910 148,685,424 140,845,910 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 24,024,151 24,024,151 MKT VALUE NON-QUAL CAP VALUE LOSS 265,783 287,706 ACRES & FRM/RNCH IMPRV 33,449,031 .9244 36,184,586 OVER 65 FREZ LOSS 4,978,385 6,760,352 PROD VAL QUAL ACRES 3,537,805 .9809 3,606,678 ALL OTHER 70,117 70,117 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 29,338,436 31,142,326 TOTAL TAXABLE VALUE 36,986,836 39,791,264 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:00:27 2004 ISD SUMMARY WORKSHEET REPT: PTS265 025/Brown VRSN: P 025-909/Early 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 153,718,341 12,872,431 140,845,910 0 153,718,341 140,845,910 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 ****
