Skip to content
Quick Start for:

DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 11:01:59                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              038/Childress                                         VRSN: P

                                                        038-901/Childress ISD

____________________________________________________________________________________________________________________________________

                                        LOCAL TAX             2004 WTD                     2004 PTD                2004 VALUE
CATEGORY                               ROLL VALUE           MEAN RATIO               VALUE ESTIMATE                  ASSIGNED
________                      ___________________           __________          ___________________             _____________

A.  SINGLE-FAMILY RESIDENCES           76,756,890                .9575                   80,163,854                80,163,854
B.  MULTIFAMILY RESIDENCES              2,106,410                   **                    2,106,410                 2,106,410
C.  VACANT LOTS                           719,600                .5893                    1,221,110                 1,221,110
D.  RURAL REAL(TAXABLE)                35,613,690                .8905                   39,992,327                39,992,327
F1. COMMERCIAL REAL                    20,941,610                .8871                   23,606,820                23,606,820
F2. INDUSTRIAL REAL                       606,340                   **                      606,340                   606,340
G.  OIL,GAS,MINERALS                    1,600,240                   **                    1,600,240                 1,600,240
J.  UTILITIES                          28,106,540               1.0166                   27,647,590                27,647,590
L1. COMMERCIAL PERSONAL                16,749,870                .9843                   17,017,037                17,017,037
L2. INDUSTRIAL PERSONAL                   703,480                   **                      703,480                   703,480
M.  MOBILE HOMES                        1,097,620                   **                    1,097,620                 1,097,620
N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0
O.  RESIDENTIAL INVENTORY                       0                   **                            0                         0
S.  SPECIAL INVENTORY                   1,362,950                   **                    1,362,950                 1,362,950
                              ___________________                               ___________________       ___________________

SUBTOTAL                              186,365,240                                       197,125,778               197,125,778

LESS TOTAL DEDUCTIONS                  37,760,041                                        39,000,287                39,000,287
                              ___________________                               ___________________       ___________________

TOTAL TAXABLE VALUE                   148,605,199                                       158,125,491               158,125,491 T2
____________________________________________________________________________________________________________________________________

                   LOCAL REPORTED       PTD ESTIMATE                                 LOCAL TAX ROLL          RATIO         PTD VALUE
                   ______________       ____________                                 ______________                      ___________

HOMESTEAD & VETS       28,579,620         28,579,620    MKT VALUE NON-QUAL

CAP VALUE LOSS          1,516,640          1,583,958    ACRES & FRM/RNCH IMPRV           12,900,250          .7506        17,186,584

OVER 65 FREZ LOSS       7,658,994          8,831,922    PROD VAL QUAL ACRES              22,713,440          .9960        22,805,743

ALL OTHER                   4,787              4,787
                  _______________    _______________                                _______________                  _______________

TOTAL DEDUCTIONS       37,760,041         39,000,287    TOTAL TAXABLE VALUE              35,613,690                       39,992,327

DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 002
TIME: 11:01:59                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              038/Childress                                         VRSN: P
                                                        038-901/Childress 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
___________________  ___________________  ___________________  ____________________   ____________________    ___________________

      173,252,391             15,126,900       158,125,491                       0          173,252,391            158,125,491

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, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE:
1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR
2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE.
                                                      **** END  OF  REPORT ****