DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:07:39 2004 ISD SUMMARY WORKSHEET REPT: PTS265 077/Floyd VRSN: P 077-901/Floydada ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 42,780,340 .9380 45,608,038 42,780,340 B. MULTIFAMILY RESIDENCES 305,160 ** 305,160 305,160 C. VACANT LOTS 702,500 ** 702,500 702,500 D. RURAL REAL(TAXABLE) 70,707,196 1.1929 59,271,444 70,707,196 F1. COMMERCIAL REAL 8,380,870 .9787 8,563,268 8,380,870 F2. INDUSTRIAL REAL 5,638,370 ** 5,638,370 5,638,370 G. OIL,GAS,MINERALS 10,960 ** 10,960 10,960 J. UTILITIES 14,597,300 1.0634 13,727,008 14,597,300 L1. COMMERCIAL PERSONAL 10,613,670 1.0043 10,568,227 10,613,670 L2. INDUSTRIAL PERSONAL 1,734,610 ** 1,734,610 1,734,610 M. MOBILE HOMES 216,570 ** 216,570 216,570 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 155,687,546 146,346,155 155,687,546 LESS TOTAL DEDUCTIONS 24,406,504 25,598,795 24,406,504 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 131,281,042 120,747,360 131,281,042 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 19,800,840 19,800,840 MKT VALUE NON-QUAL CAP VALUE LOSS 0 0 ACRES & FRM/RNCH IMPRV 17,129,240 .9535 17,964,594 OVER 65 FREZ LOSS 4,605,664 5,797,955 PROD VAL QUAL ACRES 53,577,956 1.2971 41,306,850 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 24,406,504 25,598,795 TOTAL TAXABLE VALUE 70,707,196 59,271,444 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:07:39 2004 ISD SUMMARY WORKSHEET REPT: PTS265 077/Floyd VRSN: P 077-901/Floydada 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 141,738,692 10,457,650 131,281,042 0 141,738,692 131,281,042 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 LOCAL VALUE IS HIGHER THAN THE STATE VALUE **** END OF REPORT ****
