DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:12:53 2004 ISD SUMMARY WORKSHEET REPT: PTS265 109/Hill VRSN: P 109-905/Hubbard ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 28,433,590 1.0239 27,769,890 28,433,590 B. MULTIFAMILY RESIDENCES 385,000 ** 385,000 385,000 C. VACANT LOTS 674,700 ** 674,700 674,700 D. RURAL REAL(TAXABLE) 19,025,339 1.0237 18,585,149 19,025,339 F1. COMMERCIAL REAL 4,590,450 .7881 5,824,705 4,590,450 F2. INDUSTRIAL REAL 679,540 ** 679,540 679,540 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 3,235,690 .9549 3,388,512 3,235,690 L1. COMMERCIAL PERSONAL 4,131,030 ** 4,131,030 4,131,030 L2. INDUSTRIAL PERSONAL 648,500 ** 648,500 648,500 M. MOBILE HOMES 1,309,050 ** 1,309,050 1,309,050 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 720,100 ** 720,100 720,100 ___________________ ___________________ ___________________ SUBTOTAL 63,832,989 64,116,176 63,832,989 LESS TOTAL DEDUCTIONS 16,158,201 15,812,117 16,158,201 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 47,674,788 48,304,059 47,674,788 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 10,597,192 10,597,192 MKT VALUE NON-QUAL CAP VALUE LOSS 2,760,224 2,695,795 ACRES & FRM/RNCH IMPRV 15,537,274 .9884 15,719,622 OVER 65 FREZ LOSS 2,757,177 2,475,522 PROD VAL QUAL ACRES 3,488,065 1.2173 2,865,527 ALL OTHER 43,608 43,608 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 16,158,201 15,812,117 TOTAL TAXABLE VALUE 19,025,339 18,585,149 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:12:53 2004 ISD SUMMARY WORKSHEET REPT: PTS265 109/Hill VRSN: P 109-905/Hubbard 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 52,942,074 5,267,286 47,674,788 0 52,942,074 47,674,788 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 ****
