DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:12:37 2004 ISD SUMMARY WORKSHEET REPT: PTS265 108/Hidalgo VRSN: P 108-913/Weslaco ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 642,733,098 .9101 706,222,501 642,733,098 B. MULTIFAMILY RESIDENCES 40,587,702 ** 40,587,702 40,587,702 C. VACANT LOTS 85,675,709 .9583 89,403,850 85,675,709 D. RURAL REAL(TAXABLE) 38,163,526 1.0000 38,161,941 38,163,526 F1. COMMERCIAL REAL 218,997,682 .9286 235,836,401 218,997,682 F2. INDUSTRIAL REAL 25,897,253 ** 25,897,253 25,897,253 G. OIL,GAS,MINERALS 5,814,780 ** 5,814,780 5,814,780 J. UTILITIES 34,196,710 ** 34,196,710 34,196,710 L1. COMMERCIAL PERSONAL 140,585,775 .9934 141,519,806 140,585,775 L2. INDUSTRIAL PERSONAL 16,495,958 ** 16,495,958 16,495,958 M. MOBILE HOMES 42,257,734 ** 42,257,734 42,257,734 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 2,922,120 ** 2,922,120 2,922,120 S. SPECIAL INVENTORY 13,594,300 ** 13,594,300 13,594,300 ___________________ ___________________ ___________________ SUBTOTAL 1,307,922,347 1,392,911,056 1,307,922,347 LESS TOTAL DEDUCTIONS 201,448,200 211,840,041 201,448,200 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 1,106,474,147 1,181,071,015 1,106,474,147 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 169,483,542 169,483,542 MKT VALUE NON-QUAL CAP VALUE LOSS 4,020,602 4,417,758 ACRES & FRM/RNCH IMPRV 32,164,897 ** 32,164,897 OVER 65 FREZ LOSS 21,344,056 31,338,741 PROD VAL QUAL ACRES 5,998,629 1.0003 5,997,044 ALL OTHER 6,600,000 6,600,000 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 201,448,200 211,840,041 TOTAL TAXABLE VALUE 38,163,526 38,161,941 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:12:37 2004 ISD SUMMARY WORKSHEET REPT: PTS265 108/Hidalgo VRSN: P 108-913/Weslaco 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 1,199,944,314 93,470,167 1,106,474,147 0 1,199,944,314 1,106,474,147 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 ****
