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 ****
