DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:12:25 2004 ISD SUMMARY WORKSHEET REPT: PTS265 108/Hidalgo VRSN: P 108-907/Mercedes ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 155,259,686 .9507 163,310,914 155,259,686 B. MULTIFAMILY RESIDENCES 4,613,421 ** 4,613,421 4,613,421 C. VACANT LOTS 16,911,571 .9505 17,792,289 16,911,571 D. RURAL REAL(TAXABLE) 18,519,765 1.0055 18,417,819 18,519,765 F1. COMMERCIAL REAL 24,945,242 .9400 26,537,491 24,945,242 F2. INDUSTRIAL REAL 4,929,591 ** 4,929,591 4,929,591 G. OIL,GAS,MINERALS 113,080 ** 113,080 113,080 J. UTILITIES 13,347,276 .9427 14,158,562 13,347,276 L1. COMMERCIAL PERSONAL 24,300,250 .9675 25,116,537 24,300,250 L2. INDUSTRIAL PERSONAL 3,709,510 ** 3,709,510 3,709,510 M. MOBILE HOMES 1,832,838 ** 1,832,838 1,832,838 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 993,258 ** 993,258 993,258 S. SPECIAL INVENTORY 3,766,707 ** 3,766,707 3,766,707 ___________________ ___________________ ___________________ SUBTOTAL 273,242,195 285,292,017 273,242,195 LESS TOTAL DEDUCTIONS 63,843,282 65,658,893 63,843,282 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 209,398,913 219,633,124 209,398,913 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 51,737,560 51,737,560 MKT VALUE NON-QUAL CAP VALUE LOSS 3,997,529 4,204,827 ACRES & FRM/RNCH IMPRV 11,109,718 .9844 11,285,776 OVER 65 FREZ LOSS 6,338,434 7,946,747 PROD VAL QUAL ACRES 7,410,047 1.0390 7,132,043 ALL OTHER 1,769,759 1,769,759 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 63,843,282 65,658,893 TOTAL TAXABLE VALUE 18,519,765 18,417,819 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:12:25 2004 ISD SUMMARY WORKSHEET REPT: PTS265 108/Hidalgo VRSN: P 108-907/Mercedes 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 237,749,298 28,350,385 209,398,913 0 237,749,298 209,398,913 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 ****
