DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:10:11 2004 ISD SUMMARY WORKSHEET REPT: PTS265 096/Hall VRSN: P 096-904/Memphis ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 32,578,700 .9807 33,219,843 32,578,700 B. MULTIFAMILY RESIDENCES 138,630 ** 138,630 138,630 C. VACANT LOTS 683,600 ** 683,600 683,600 D. RURAL REAL(TAXABLE) 39,846,501 1.1444 34,818,524 39,846,501 F1. COMMERCIAL REAL 8,722,570 .9894 8,816,020 8,722,570 F2. INDUSTRIAL REAL 5,372,000 ** 5,372,000 5,372,000 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 13,351,270 .9690 13,778,400 13,351,270 L1. COMMERCIAL PERSONAL 12,260,700 .9773 12,545,482 12,260,700 L2. INDUSTRIAL PERSONAL 645,280 ** 645,280 645,280 M. MOBILE HOMES 245,790 ** 245,790 245,790 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 113,845,041 110,263,569 113,845,041 LESS TOTAL DEDUCTIONS 17,454,990 17,726,706 17,454,990 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 96,390,051 92,536,863 96,390,051 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 13,252,490 13,252,490 MKT VALUE NON-QUAL CAP VALUE LOSS 2,376,800 2,423,575 ACRES & FRM/RNCH IMPRV 9,289,210 .9468 9,811,164 OVER 65 FREZ LOSS 1,825,700 2,050,641 PROD VAL QUAL ACRES 30,557,291 1.2219 25,007,360 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 17,454,990 17,726,706 TOTAL TAXABLE VALUE 39,846,501 34,818,524 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:10:11 2004 ISD SUMMARY WORKSHEET REPT: PTS265 096/Hall VRSN: P 096-904/Memphis 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 103,050,781 6,660,730 96,390,051 0 103,050,781 96,390,051 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 ****
