DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:24:47 2004 ISD SUMMARY WORKSHEET REPT: PTS265 107/Henderson VRSN: P 129-905/Mabank ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 516,201,199 .8865 582,291,257 516,201,199 B. MULTIFAMILY RESIDENCES 7,424,500 ** 7,424,500 7,424,500 C. VACANT LOTS 40,345,980 ** 40,345,980 40,345,980 D. RURAL REAL(TAXABLE) 70,604,620 .8866 79,636,428 70,604,620 F1. COMMERCIAL REAL 99,993,150 1.0167 98,350,693 99,993,150 F2. INDUSTRIAL REAL 2,212,010 ** 2,212,010 2,212,010 G. OIL,GAS,MINERALS 1,156,940 ** 1,156,940 1,156,940 J. UTILITIES 22,097,160 ** 22,097,160 22,097,160 L1. COMMERCIAL PERSONAL 46,115,000 1.0181 45,295,158 46,115,000 L2. INDUSTRIAL PERSONAL 20,393,940 ** 20,393,940 20,393,940 M. MOBILE HOMES 16,954,030 ** 16,954,030 16,954,030 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 360,000 ** 360,000 360,000 S. SPECIAL INVENTORY 2,978,610 ** 2,978,610 2,978,610 ___________________ ___________________ ___________________ SUBTOTAL 846,837,139 919,496,706 846,837,139 LESS TOTAL DEDUCTIONS 151,737,736 172,444,463 151,737,736 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 695,099,403 747,052,243 695,099,403 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 92,752,978 92,752,978 MKT VALUE NON-QUAL CAP VALUE LOSS 13,088,026 14,763,707 ACRES & FRM/RNCH IMPRV 66,137,860 .8730 75,759,290 OVER 65 FREZ LOSS 45,191,634 64,222,680 PROD VAL QUAL ACRES 4,466,760 1.1521 3,877,138 ALL OTHER 705,098 705,098 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 151,737,736 172,444,463 TOTAL TAXABLE VALUE 70,604,620 79,636,428 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:24:47 2004 ISD SUMMARY WORKSHEET REPT: PTS265 107/Henderson VRSN: P 129-905/Mabank 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 741,879,979 46,780,576 695,099,403 0 741,879,979 695,099,403 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 ****
