DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:35:38 2004 ISD SUMMARY WORKSHEET REPT: PTS265 037/Cherokee VRSN: P 212-904/Troup ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 45,581,510 1.0052 45,345,712 45,581,510 B. MULTIFAMILY RESIDENCES 950,460 ** 950,460 950,460 C. VACANT LOTS 2,702,750 ** 2,702,750 2,702,750 D. RURAL REAL(TAXABLE) 55,836,090 1.0373 53,827,421 55,836,090 F1. COMMERCIAL REAL 6,400,900 ** 6,400,900 6,400,900 F2. INDUSTRIAL REAL 4,536,860 ** 4,536,860 4,536,860 G. OIL,GAS,MINERALS 87,474,675 1.0087 86,720,209 87,474,675 J. UTILITIES 11,599,100 .9571 12,119,005 11,599,100 L1. COMMERCIAL PERSONAL 6,618,220 ** 6,618,220 6,618,220 L2. INDUSTRIAL PERSONAL 16,044,990 ** 16,044,990 16,044,990 M. MOBILE HOMES 1,464,960 ** 1,464,960 1,464,960 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 87,450 ** 87,450 87,450 ___________________ ___________________ ___________________ SUBTOTAL 239,297,965 236,818,937 239,297,965 LESS TOTAL DEDUCTIONS 31,617,846 31,484,177 31,617,846 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 207,680,119 205,334,760 207,680,119 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 20,156,282 20,156,282 MKT VALUE NON-QUAL CAP VALUE LOSS 6,347,495 6,314,659 ACRES & FRM/RNCH IMPRV 48,783,220 1.0192 47,864,227 OVER 65 FREZ LOSS 4,342,350 4,241,517 PROD VAL QUAL ACRES 7,052,870 1.1827 5,963,194 ALL OTHER 771,719 771,719 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 31,617,846 31,484,177 TOTAL TAXABLE VALUE 55,836,090 53,827,421 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:35:38 2004 ISD SUMMARY WORKSHEET REPT: PTS265 037/Cherokee VRSN: P 212-904/Troup 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 218,116,852 10,436,733 207,680,119 0 218,116,852 207,680,119 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 ****
