DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:10:51 2004 ISD SUMMARY WORKSHEET REPT: PTS265 101/Harris VRSN: P 101-909/North Forest ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 818,759,210 .9437 867,605,394 818,759,210 B. MULTIFAMILY RESIDENCES 31,667,710 ** 31,667,710 31,667,710 C. VACANT LOTS 38,371,500 ** 38,371,500 38,371,500 D. RURAL REAL(TAXABLE) 32,961,592 1.0004 32,947,732 32,961,592 F1. COMMERCIAL REAL 126,947,840 .9727 130,510,784 126,947,840 F2. INDUSTRIAL REAL 18,040,330 ** 18,040,330 18,040,330 G. OIL,GAS,MINERALS 2,725,030 ** 2,725,030 2,725,030 J. UTILITIES 56,953,760 ** 56,953,760 56,953,760 L1. COMMERCIAL PERSONAL 117,719,780 .9236 127,457,536 117,719,780 L2. INDUSTRIAL PERSONAL 124,503,570 ** 124,503,570 124,503,570 M. MOBILE HOMES 6,121,940 ** 6,121,940 6,121,940 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 1,521,730 ** 1,521,730 1,521,730 S. SPECIAL INVENTORY 262,770 ** 262,770 262,770 ___________________ ___________________ ___________________ SUBTOTAL 1,376,556,762 1,438,689,786 1,376,556,762 LESS TOTAL DEDUCTIONS 313,282,543 331,766,262 313,282,543 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 1,063,274,219 1,106,923,524 1,063,274,219 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 183,669,000 183,669,000 MKT VALUE NON-QUAL CAP VALUE LOSS 81,096,350 85,934,460 ACRES & FRM/RNCH IMPRV 28,492,090 ** 28,492,090 OVER 65 FREZ LOSS 48,050,103 61,695,712 PROD VAL QUAL ACRES 4,469,502 1.0031 4,455,642 ALL OTHER 467,090 467,090 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 313,282,543 331,766,262 TOTAL TAXABLE VALUE 32,961,592 32,947,732 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:10:51 2004 ISD SUMMARY WORKSHEET REPT: PTS265 101/Harris VRSN: P 101-909/North Forest 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 1,158,580,789 95,306,570 1,063,274,219 0 1,158,580,789 1,063,274,219 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 SCHOOL DISTRICT IS IN YEAR ONE/TWO OF A GRACE PERIOD. **** END OF REPORT ****
