DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:12:17 2004 ISD SUMMARY WORKSHEET REPT: PTS265 108/Hidalgo VRSN: P 108-903/Edcouch-Elsa ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 144,300,941 .9428 153,055,729 144,300,941 B. MULTIFAMILY RESIDENCES 4,748,374 ** 4,748,374 4,748,374 C. VACANT LOTS 16,556,867 .9788 16,915,475 16,556,867 D. RURAL REAL(TAXABLE) 15,210,731 .9315 16,328,671 15,210,731 F1. COMMERCIAL REAL 20,813,358 .9621 21,633,258 20,813,358 F2. INDUSTRIAL REAL 1,929,194 ** 1,929,194 1,929,194 G. OIL,GAS,MINERALS 119,520 ** 119,520 119,520 J. UTILITIES 9,831,394 ** 9,831,394 9,831,394 L1. COMMERCIAL PERSONAL 8,993,614 ** 8,993,614 8,993,614 L2. INDUSTRIAL PERSONAL 792,388 ** 792,388 792,388 M. MOBILE HOMES 1,461,626 ** 1,461,626 1,461,626 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 1,056,216 ** 1,056,216 1,056,216 S. SPECIAL INVENTORY 262,372 ** 262,372 262,372 ___________________ ___________________ ___________________ SUBTOTAL 226,076,595 237,127,831 226,076,595 LESS TOTAL DEDUCTIONS 57,669,192 59,508,397 57,669,192 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 168,407,403 177,619,434 168,407,403 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 46,011,132 46,011,132 MKT VALUE NON-QUAL CAP VALUE LOSS 4,852,252 5,146,640 ACRES & FRM/RNCH IMPRV 10,892,832 .8926 12,203,486 OVER 65 FREZ LOSS 5,124,308 6,669,125 PROD VAL QUAL ACRES 4,317,899 1.0467 4,125,185 ALL OTHER 1,681,500 1,681,500 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 57,669,192 59,508,397 TOTAL TAXABLE VALUE 15,210,731 16,328,671 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:12:17 2004 ISD SUMMARY WORKSHEET REPT: PTS265 108/Hidalgo VRSN: P 108-903/Edcouch-Elsa 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 193,633,842 25,226,439 168,407,403 0 193,633,842 168,407,403 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 ****
