DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:13:11 2004 ISD SUMMARY WORKSHEET REPT: PTS265 110/Hockley VRSN: P 110-902/Levelland ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 223,689,838 .8749 255,674,749 223,689,838 B. MULTIFAMILY RESIDENCES 4,740,350 ** 4,740,350 4,740,350 C. VACANT LOTS 3,860,463 ** 3,860,463 3,860,463 D. RURAL REAL(TAXABLE) 41,315,626 1.1719 35,255,992 41,315,626 F1. COMMERCIAL REAL 47,119,882 .9704 48,557,174 47,119,882 F2. INDUSTRIAL REAL 5,100,850 ** 5,100,850 5,100,850 G. OIL,GAS,MINERALS 422,476,035 .9886 427,347,800 422,476,035 J. UTILITIES 35,645,670 ** 35,645,670 35,645,670 L1. COMMERCIAL PERSONAL 25,390,290 ** 25,390,290 25,390,290 L2. INDUSTRIAL PERSONAL 44,700,820 ** 44,700,820 44,700,820 M. MOBILE HOMES 4,892,740 ** 4,892,740 4,892,740 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 229,290 ** 229,290 229,290 S. SPECIAL INVENTORY 2,747,210 ** 2,747,210 2,747,210 ___________________ ___________________ ___________________ SUBTOTAL 861,909,064 894,143,398 861,909,064 LESS TOTAL DEDUCTIONS 81,174,540 90,142,505 81,174,540 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 780,734,524 804,000,893 780,734,524 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 64,706,857 64,706,857 MKT VALUE NON-QUAL CAP VALUE LOSS 246,803 282,093 ACRES & FRM/RNCH IMPRV 19,673,017 1.0458 18,811,452 OVER 65 FREZ LOSS 16,210,513 25,143,188 PROD VAL QUAL ACRES 21,642,609 1.3161 16,444,540 ALL OTHER 10,367 10,367 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 81,174,540 90,142,505 TOTAL TAXABLE VALUE 41,315,626 35,255,992 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:13:11 2004 ISD SUMMARY WORKSHEET REPT: PTS265 110/Hockley VRSN: P 110-902/Levelland 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 815,678,560 34,944,036 780,734,524 0 815,678,560 780,734,524 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 ****
