DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:01:49 2004 ISD SUMMARY WORKSHEET REPT: PTS265 037/Cherokee VRSN: P 037-901/Alto ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 21,916,460 .9696 22,603,610 21,916,460 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 1,415,060 ** 1,415,060 1,415,060 D. RURAL REAL(TAXABLE) 46,493,480 .9915 46,892,747 46,493,480 F1. COMMERCIAL REAL 4,854,790 ** 4,854,790 4,854,790 F2. INDUSTRIAL REAL 286,600 ** 286,600 286,600 G. OIL,GAS,MINERALS 34,507,987 1.0135 34,048,334 34,507,987 J. UTILITIES 11,698,320 .9728 12,025,411 11,698,320 L1. COMMERCIAL PERSONAL 3,444,120 ** 3,444,120 3,444,120 L2. INDUSTRIAL PERSONAL 3,591,570 ** 3,591,570 3,591,570 M. MOBILE HOMES 758,970 ** 758,970 758,970 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 1,364,320 ** 1,364,320 1,364,320 ___________________ ___________________ ___________________ SUBTOTAL 130,331,677 131,285,532 130,331,677 LESS TOTAL DEDUCTIONS 18,873,989 19,325,944 18,873,989 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 111,457,688 111,959,588 111,457,688 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 15,064,294 15,064,294 MKT VALUE NON-QUAL CAP VALUE LOSS 158,274 163,236 ACRES & FRM/RNCH IMPRV 31,382,180 .9758 32,160,463 OVER 65 FREZ LOSS 3,651,421 4,098,414 PROD VAL QUAL ACRES 15,111,300 1.0257 14,732,284 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 18,873,989 19,325,944 TOTAL TAXABLE VALUE 46,493,480 46,892,747 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:01:49 2004 ISD SUMMARY WORKSHEET REPT: PTS265 037/Cherokee VRSN: P 037-901/Alto 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 118,980,010 7,522,322 111,457,688 0 118,980,010 111,457,688 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 ****
