DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:06:57 2004 ISD SUMMARY WORKSHEET REPT: PTS265 072/Erath VRSN: P 072-909/Lingleville ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 2,987,580 .9439 3,165,145 2,987,580 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 193,930 ** 193,930 193,930 D. RURAL REAL(TAXABLE) 37,639,120 .7853 47,930,953 37,639,120 F1. COMMERCIAL REAL 157,480 ** 157,480 157,480 F2. INDUSTRIAL REAL 73,900 ** 73,900 73,900 G. OIL,GAS,MINERALS 703,120 ** 703,120 703,120 J. UTILITIES 6,219,280 .7470 8,325,676 6,219,280 L1. COMMERCIAL PERSONAL 624,220 ** 624,220 624,220 L2. INDUSTRIAL PERSONAL 140,360 ** 140,360 140,360 M. MOBILE HOMES 1,645,730 ** 1,645,730 1,645,730 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 50,384,720 62,960,514 50,384,720 LESS TOTAL DEDUCTIONS 5,668,561 5,955,872 5,668,561 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 44,716,159 57,004,642 44,716,159 T2** ** THIS DISTRICT IS IN YEAR 2 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 4,113,510 4,113,510 MKT VALUE NON-QUAL CAP VALUE LOSS 59,960 63,524 ACRES & FRM/RNCH IMPRV 29,139,290 .7168 40,651,911 OVER 65 FREZ LOSS 1,435,165 1,718,912 PROD VAL QUAL ACRES 8,499,830 1.1677 7,279,042 ALL OTHER 59,926 59,926 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 5,668,561 5,955,872 TOTAL TAXABLE VALUE 37,639,120 47,930,953 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:06:57 2004 ISD SUMMARY WORKSHEET REPT: PTS265 072/Erath VRSN: P 072-909/Lingleville 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 46,920,674 2,204,515 44,716,159 0 46,920,674 44,716,159 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, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE/TWO OF A GRACE PERIOD. **** END OF REPORT ****
