DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:12:43 2004 ISD SUMMARY WORKSHEET REPT: PTS265 108/Hidalgo VRSN: P 108-916/Valley View ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 119,962,559 .9380 127,891,854 119,962,559 B. MULTIFAMILY RESIDENCES 1,017,160 ** 1,017,160 1,017,160 C. VACANT LOTS 22,587,958 .9736 23,200,450 22,587,958 D. RURAL REAL(TAXABLE) 11,243,496 .8581 13,102,116 11,243,496 F1. COMMERCIAL REAL 40,814,117 .9573 42,634,615 40,814,117 F2. INDUSTRIAL REAL 8,888,043 ** 8,888,043 8,888,043 G. OIL,GAS,MINERALS 272,440 ** 272,440 272,440 J. UTILITIES 2,727,194 ** 2,727,194 2,727,194 L1. COMMERCIAL PERSONAL 15,595,259 .9929 15,706,777 15,595,259 L2. INDUSTRIAL PERSONAL 3,358,197 ** 3,358,197 3,358,197 M. MOBILE HOMES 152,499 ** 152,499 152,499 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 1,971,542 ** 1,971,542 1,971,542 S. SPECIAL INVENTORY 609,007 ** 609,007 609,007 ___________________ ___________________ ___________________ SUBTOTAL 229,199,471 241,531,894 229,199,471 LESS TOTAL DEDUCTIONS 26,106,981 26,658,586 26,106,981 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 203,092,490 214,873,308 203,092,490 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 23,291,642 23,291,642 MKT VALUE NON-QUAL CAP VALUE LOSS 1,123,745 1,198,022 ACRES & FRM/RNCH IMPRV 10,052,373 .8381 11,994,241 OVER 65 FREZ LOSS 1,638,044 2,115,372 PROD VAL QUAL ACRES 1,191,123 1.0751 1,107,875 ALL OTHER 53,550 53,550 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 26,106,981 26,658,586 TOTAL TAXABLE VALUE 11,243,496 13,102,116 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:12:43 2004 ISD SUMMARY WORKSHEET REPT: PTS265 108/Hidalgo VRSN: P 108-916/Valley View 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 217,012,200 13,919,710 203,092,490 0 217,012,200 203,092,490 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 ****
