DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:07:59 2004 ISD SUMMARY WORKSHEET REPT: PTS265 081/Freestone VRSN: P 081-904/Teague ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 64,136,210 .9931 64,581,825 64,136,210 B. MULTIFAMILY RESIDENCES 437,310 ** 437,310 437,310 C. VACANT LOTS 2,686,340 ** 2,686,340 2,686,340 D. RURAL REAL(TAXABLE) 67,293,570 .9902 67,957,783 67,293,570 F1. COMMERCIAL REAL 9,289,490 ** 9,289,490 9,289,490 F2. INDUSTRIAL REAL 56,761,350 ** 56,761,350 56,761,350 G. OIL,GAS,MINERALS 786,665,350 1.0281 765,164,235 786,665,350 J. UTILITIES 74,849,850 .9127 82,009,258 74,849,850 L1. COMMERCIAL PERSONAL 6,371,040 ** 6,371,040 6,371,040 L2. INDUSTRIAL PERSONAL 42,730,880 ** 42,730,880 42,730,880 M. MOBILE HOMES 3,133,820 ** 3,133,820 3,133,820 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 898,580 ** 898,580 898,580 ___________________ ___________________ ___________________ SUBTOTAL 1,115,253,790 1,102,021,911 1,115,253,790 LESS TOTAL DEDUCTIONS 34,196,796 34,399,611 34,196,796 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 1,081,056,994 1,067,622,300 1,081,056,994 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 24,302,080 24,302,080 MKT VALUE NON-QUAL CAP VALUE LOSS 881,250 887,373 ACRES & FRM/RNCH IMPRV 58,421,530 .9915 58,922,370 OVER 65 FREZ LOSS 5,552,936 5,749,628 PROD VAL QUAL ACRES 8,872,040 .9819 9,035,413 ALL OTHER 3,460,530 3,460,530 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 34,196,796 34,399,611 TOTAL TAXABLE VALUE 67,293,570 67,957,783 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:07:59 2004 ISD SUMMARY WORKSHEET REPT: PTS265 081/Freestone VRSN: P 081-904/Teague 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 1,093,523,124 12,466,130 1,081,056,994 0 1,093,523,124 1,081,056,994 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 ****
