DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:08:13 2004 ISD SUMMARY WORKSHEET REPT: PTS265 083/Gaines VRSN: P 083-903/Seminole ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 93,351,568 ** 93,351,568 93,351,568 B. MULTIFAMILY RESIDENCES 2,080,160 ** 2,080,160 2,080,160 C. VACANT LOTS 8,304,877 ** 8,304,877 8,304,877 D. RURAL REAL(TAXABLE) 132,455,913 1.0155 130,431,401 132,455,913 F1. COMMERCIAL REAL 26,875,330 ** 26,875,330 26,875,330 F2. INDUSTRIAL REAL 8,814,100 ** 8,814,100 8,814,100 G. OIL,GAS,MINERALS 1,782,368,400 1.0233 1,741,784,814 1,782,368,400 J. UTILITIES 76,169,730 ** 76,169,730 76,169,730 L1. COMMERCIAL PERSONAL 38,133,630 ** 38,133,630 38,133,630 L2. INDUSTRIAL PERSONAL 41,917,990 ** 41,917,990 41,917,990 M. MOBILE HOMES 5,165,010 ** 5,165,010 5,165,010 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 259,190 ** 259,190 259,190 S. SPECIAL INVENTORY 1,188,320 ** 1,188,320 1,188,320 ___________________ ___________________ ___________________ SUBTOTAL 2,217,084,218 2,174,476,120 2,217,084,218 LESS TOTAL DEDUCTIONS 48,731,015 48,731,015 48,731,015 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 2,168,353,203 2,125,745,105 2,168,353,203 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 40,349,387 40,349,387 MKT VALUE NON-QUAL CAP VALUE LOSS 664,151 664,151 ACRES & FRM/RNCH IMPRV 81,313,636 .9115 89,208,597 OVER 65 FREZ LOSS 7,662,809 7,662,809 PROD VAL QUAL ACRES 51,142,277 1.2406 41,222,804 ALL OTHER 54,668 54,668 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 48,731,015 48,731,015 TOTAL TAXABLE VALUE 132,455,913 130,431,401 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:08:13 2004 ISD SUMMARY WORKSHEET REPT: PTS265 083/Gaines VRSN: P 083-903/Seminole 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 2,190,714,026 22,360,823 2,168,353,203 0 2,190,714,026 2,168,353,203 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 ****
