DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:02:11 2004 ISD SUMMARY WORKSHEET REPT: PTS265 040/Cochran VRSN: P 040-901/Morton ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 16,154,360 1.0057 16,062,802 16,154,360 B. MULTIFAMILY RESIDENCES 528,970 ** 528,970 528,970 C. VACANT LOTS 246,150 ** 246,150 246,150 D. RURAL REAL(TAXABLE) 25,242,070 .9778 25,816,095 25,242,070 F1. COMMERCIAL REAL 3,223,130 .9473 3,402,439 3,223,130 F2. INDUSTRIAL REAL 2,514,990 ** 2,514,990 2,514,990 G. OIL,GAS,MINERALS 4,766,390 1.0232 4,658,317 4,766,390 J. UTILITIES 3,509,650 1.0835 3,239,179 3,509,650 L1. COMMERCIAL PERSONAL 4,507,530 .9810 4,594,832 4,507,530 L2. INDUSTRIAL PERSONAL 1,570,640 ** 1,570,640 1,570,640 M. MOBILE HOMES 432,690 ** 432,690 432,690 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 62,696,570 63,067,104 62,696,570 LESS TOTAL DEDUCTIONS 9,888,280 9,863,813 9,888,280 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 52,808,290 53,203,291 52,808,290 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 9,225,480 9,225,480 MKT VALUE NON-QUAL CAP VALUE LOSS 0 0 ACRES & FRM/RNCH IMPRV 5,239,450 .9572 5,473,725 OVER 65 FREZ LOSS 662,800 638,333 PROD VAL QUAL ACRES 20,002,620 .9833 20,342,370 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 9,888,280 9,863,813 TOTAL TAXABLE VALUE 25,242,070 25,816,095 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:02:11 2004 ISD SUMMARY WORKSHEET REPT: PTS265 040/Cochran VRSN: P 040-901/Morton 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 57,290,640 4,482,350 52,808,290 0 57,290,640 52,808,290 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 ****
