DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:07:41 2004 ISD SUMMARY WORKSHEET REPT: PTS265 077/Floyd VRSN: P 077-902/Lockney ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 22,757,030 .9376 24,271,576 22,757,030 B. MULTIFAMILY RESIDENCES 124,420 ** 124,420 124,420 C. VACANT LOTS 310,610 ** 310,610 310,610 D. RURAL REAL(TAXABLE) 39,455,836 1.2357 31,929,578 39,455,836 F1. COMMERCIAL REAL 7,022,620 .9764 7,192,360 7,022,620 F2. INDUSTRIAL REAL 4,897,280 ** 4,897,280 4,897,280 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 6,919,080 .9607 7,202,123 6,919,080 L1. COMMERCIAL PERSONAL 12,139,860 1.0007 12,131,368 12,139,860 L2. INDUSTRIAL PERSONAL 1,052,510 ** 1,052,510 1,052,510 M. MOBILE HOMES 173,090 ** 173,090 173,090 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 94,852,336 89,284,915 94,852,336 LESS TOTAL DEDUCTIONS 13,100,870 13,715,403 13,100,870 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 81,751,466 75,569,512 81,751,466 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 10,563,470 10,563,470 MKT VALUE NON-QUAL CAP VALUE LOSS 0 0 ACRES & FRM/RNCH IMPRV 11,622,170 .9049 12,843,596 OVER 65 FREZ LOSS 2,537,400 3,151,933 PROD VAL QUAL ACRES 27,833,666 1.4583 19,085,982 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 13,100,870 13,715,403 TOTAL TAXABLE VALUE 39,455,836 31,929,578 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:07:41 2004 ISD SUMMARY WORKSHEET REPT: PTS265 077/Floyd VRSN: P 077-902/Lockney 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 87,327,416 5,575,950 81,751,466 0 87,327,416 81,751,466 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 ****
