DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:08:35 2004 ISD SUMMARY WORKSHEET REPT: PTS265 085/Garza VRSN: P 085-903/Southland ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 652,150 ** 652,150 652,150 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 37,780 ** 37,780 37,780 D. RURAL REAL(TAXABLE) 11,119,470 1.2981 8,565,798 11,119,470 F1. COMMERCIAL REAL 156,390 ** 156,390 156,390 F2. INDUSTRIAL REAL 371,800 ** 371,800 371,800 G. OIL,GAS,MINERALS 21,975,340 .9936 22,116,888 21,975,340 J. UTILITIES 4,895,280 1.0025 4,883,072 4,895,280 L1. COMMERCIAL PERSONAL 9,780 ** 9,780 9,780 L2. INDUSTRIAL PERSONAL 1,035,460 ** 1,035,460 1,035,460 M. MOBILE HOMES 81,350 ** 81,350 81,350 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 40,334,800 37,910,468 40,334,800 LESS TOTAL DEDUCTIONS 1,098,690 1,098,690 1,098,690 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 39,236,110 36,811,778 39,236,110 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 999,200 999,200 MKT VALUE NON-QUAL CAP VALUE LOSS 26,090 26,090 ACRES & FRM/RNCH IMPRV 3,641,170 1.0462 3,480,377 OVER 65 FREZ LOSS 73,400 73,400 PROD VAL QUAL ACRES 7,478,300 1.4705 5,085,421 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 1,098,690 1,098,690 TOTAL TAXABLE VALUE 11,119,470 8,565,798 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:08:35 2004 ISD SUMMARY WORKSHEET REPT: PTS265 085/Garza VRSN: P 085-903/Southland 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 39,782,800 546,690 39,236,110 0 39,782,800 39,236,110 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 ****
