DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:08:55 2004 ISD SUMMARY WORKSHEET REPT: PTS265 090/Gray VRSN: P 090-903/McLean ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 8,512,550 .9762 8,720,088 8,512,550 B. MULTIFAMILY RESIDENCES 15,640 ** 15,640 15,640 C. VACANT LOTS 271,650 ** 271,650 271,650 D. RURAL REAL(TAXABLE) 14,216,287 .8105 17,540,717 14,216,287 F1. COMMERCIAL REAL 3,800,120 ** 3,800,120 3,800,120 F2. INDUSTRIAL REAL 2,490,350 ** 2,490,350 2,490,350 G. OIL,GAS,MINERALS 77,161,350 1.0986 70,236,073 77,161,350 J. UTILITIES 11,970,712 .9781 12,238,740 11,970,712 L1. COMMERCIAL PERSONAL 6,626,112 1.0178 6,510,230 6,626,112 L2. INDUSTRIAL PERSONAL 40,000 ** 40,000 40,000 M. MOBILE HOMES 373,690 ** 373,690 373,690 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 1,633 ** 1,633 1,633 ___________________ ___________________ ___________________ SUBTOTAL 125,480,094 122,238,931 125,480,094 LESS TOTAL DEDUCTIONS 5,656,340 5,757,278 5,656,340 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 119,823,754 116,481,653 119,823,754 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 5,054,093 5,054,093 MKT VALUE NON-QUAL CAP VALUE LOSS 124,447 127,481 ACRES & FRM/RNCH IMPRV 5,792,357 .7049 8,217,275 OVER 65 FREZ LOSS 477,800 575,704 PROD VAL QUAL ACRES 8,423,930 .9035 9,323,442 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 5,656,340 5,757,278 TOTAL TAXABLE VALUE 14,216,287 17,540,717 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:08:55 2004 ISD SUMMARY WORKSHEET REPT: PTS265 090/Gray VRSN: P 090-903/McLean 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 122,388,781 2,565,027 119,823,754 0 122,388,781 119,823,754 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 ****
