DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:00:31 2004 ISD SUMMARY WORKSHEET REPT: PTS265 026/Burleson VRSN: P 026-902/Somerville ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 49,090,763 .8525 57,584,473 49,090,763 B. MULTIFAMILY RESIDENCES 178,150 ** 178,150 178,150 C. VACANT LOTS 11,670,893 1.1475 10,170,713 11,670,893 D. RURAL REAL(TAXABLE) 33,396,234 1.1205 29,804,894 33,396,234 F1. COMMERCIAL REAL 4,493,260 ** 4,493,260 4,493,260 F2. INDUSTRIAL REAL 680,624 ** 680,624 680,624 G. OIL,GAS,MINERALS 16,834,660 .9813 17,155,467 16,834,660 J. UTILITIES 31,736,420 .9881 32,118,632 31,736,420 L1. COMMERCIAL PERSONAL 3,260,027 ** 3,260,027 3,260,027 L2. INDUSTRIAL PERSONAL 12,173,372 ** 12,173,372 12,173,372 M. MOBILE HOMES 1,939,018 ** 1,939,018 1,939,018 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 43,750 ** 43,750 43,750 S. SPECIAL INVENTORY 14,860 ** 14,860 14,860 ___________________ ___________________ ___________________ SUBTOTAL 165,512,031 169,617,240 165,512,031 LESS TOTAL DEDUCTIONS 27,024,148 30,548,529 27,024,148 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 138,487,883 139,068,711 138,487,883 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 20,965,551 20,965,551 MKT VALUE NON-QUAL CAP VALUE LOSS 109,820 128,821 ACRES & FRM/RNCH IMPRV 30,399,384 1.1175 27,203,028 OVER 65 FREZ LOSS 4,725,047 8,230,427 PROD VAL QUAL ACRES 2,996,850 1.1518 2,601,866 ALL OTHER 1,223,730 1,223,730 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 27,024,148 30,548,529 TOTAL TAXABLE VALUE 33,396,234 29,804,894 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:00:31 2004 ISD SUMMARY WORKSHEET REPT: PTS265 026/Burleson VRSN: P 026-902/Somerville 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 149,423,186 10,935,303 138,487,883 0 149,423,186 138,487,883 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 ****
