DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:08:11 2004 ISD SUMMARY WORKSHEET REPT: PTS265 083/Gaines VRSN: P 083-902/Loop ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 0 ** 0 0 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 125,000 ** 125,000 125,000 D. RURAL REAL(TAXABLE) 20,380,744 1.0746 18,966,216 20,380,744 F1. COMMERCIAL REAL 424,730 ** 424,730 424,730 F2. INDUSTRIAL REAL 1,034,780 ** 1,034,780 1,034,780 G. OIL,GAS,MINERALS 162,207,423 .9972 162,662,879 162,207,423 J. UTILITIES 37,833,960 1.0100 37,459,366 37,833,960 L1. COMMERCIAL PERSONAL 956,500 ** 956,500 956,500 L2. INDUSTRIAL PERSONAL 26,054,430 ** 26,054,430 26,054,430 M. MOBILE HOMES 278,030 ** 278,030 278,030 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 249,295,597 247,961,931 249,295,597 LESS TOTAL DEDUCTIONS 3,493,988 3,493,988 3,493,988 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 245,801,609 244,467,943 245,801,609 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 1,801,171 1,801,171 MKT VALUE NON-QUAL CAP VALUE LOSS 81,715 81,715 ACRES & FRM/RNCH IMPRV 9,713,750 .9226 10,528,669 OVER 65 FREZ LOSS 777,282 777,282 PROD VAL QUAL ACRES 10,666,994 1.2642 8,437,547 ALL OTHER 833,820 833,820 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 3,493,988 3,493,988 TOTAL TAXABLE VALUE 20,380,744 18,966,216 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:08:11 2004 ISD SUMMARY WORKSHEET REPT: PTS265 083/Gaines VRSN: P 083-902/Loop 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 246,759,450 957,841 245,801,609 420,454 246,338,996 245,381,155 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 ****
