DATE: 01/31/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 11:09:34                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              037/Cherokee                                          VRSN: W
                                                        037-907/Rusk ISD
____________________________________________________________________________________________________________________________________
                                        LOCAL TAX             2004 WTD                     2004 PTD                2004 VALUE
CATEGORY                               ROLL VALUE           MEAN RATIO               VALUE ESTIMATE                  ASSIGNED
________                      ___________________           __________          ___________________             _____________
A.  SINGLE-FAMILY RESIDENCES           96,034,269               1.0091                   95,168,238                96,034,269
B.  MULTIFAMILY RESIDENCES              1,165,590                   **                    1,165,590                 1,165,590
C.  VACANT LOTS                         3,705,640                   **                    3,705,640                 3,705,640
D.  RURAL REAL(TAXABLE)               103,998,150               1.0226                  101,701,302               103,998,150
F1. COMMERCIAL REAL                    16,170,340                .9767                   16,556,097                16,170,340
F2. INDUSTRIAL REAL                    16,078,520                   **                   16,078,520                16,078,520
G.  OIL,GAS,MINERALS                   44,229,473               1.0073                   43,908,938                44,229,473
J.  UTILITIES                          24,572,850                .9747                   25,210,680                24,572,850
L1. COMMERCIAL PERSONAL                 7,990,170                   **                    7,990,170                 7,990,170
L2. INDUSTRIAL PERSONAL                 9,663,000                   **                    9,663,000                 9,663,000
M.  MOBILE HOMES                        2,916,990                   **                    2,916,990                 2,916,990
N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0
O.  RESIDENTIAL INVENTORY                  29,780                   **                       29,780                    29,780
S.  SPECIAL INVENTORY                   1,312,470                   **                    1,312,470                 1,312,470
                              ___________________                               ___________________       ___________________
SUBTOTAL                              327,867,242                                       325,407,415               327,867,242
LESS TOTAL DEDUCTIONS                  62,991,320                                        62,540,836                62,991,320
                              ___________________                               ___________________       ___________________
TOTAL TAXABLE VALUE                   264,875,922                                       262,866,579               264,875,922 T2
____________________________________________________________________________________________________________________________________
                   LOCAL REPORTED       PTD ESTIMATE                                 LOCAL TAX ROLL          RATIO         PTD VALUE
                   ______________       ____________                                 ______________                      ___________
HOMESTEAD & VETS       44,936,828         44,936,828    MKT VALUE NON-QUAL
CAP VALUE LOSS          5,332,171          5,284,086    ACRES & FRM/RNCH IMPRV           79,596,650         1.0106        78,761,775
OVER 65 FREZ LOSS      12,559,611         12,157,212    PROD VAL QUAL ACRES              24,401,500         1.0637        22,939,527
ALL OTHER                 162,710            162,710
                  _______________    _______________                                _______________                  _______________
TOTAL DEDUCTIONS       62,991,320         62,540,836    TOTAL TAXABLE VALUE             103,998,150                      101,701,302

DATE: 01/31/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002
TIME: 11:09:34                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              037/Cherokee                                          VRSN: W
                                                        037-907/Rusk 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
___________________  ___________________  ___________________  ____________________   ____________________    ___________________
      287,900,345             23,024,423       264,875,922                       0          287,900,345            264,875,922
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 ****