DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:13:17 2004 ISD SUMMARY WORKSHEET REPT: PTS265 110/Hockley VRSN: P 110-907/Sundown ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 15,199,706 .8298 18,317,313 15,199,706 B. MULTIFAMILY RESIDENCES 306,040 ** 306,040 306,040 C. VACANT LOTS 466,660 ** 466,660 466,660 D. RURAL REAL(TAXABLE) 5,692,723 1.0054 5,662,154 5,692,723 F1. COMMERCIAL REAL 4,475,720 ** 4,475,720 4,475,720 F2. INDUSTRIAL REAL 10,081,990 ** 10,081,990 10,081,990 G. OIL,GAS,MINERALS 573,813,463 .8156 703,547,650 573,813,463 J. UTILITIES 31,857,920 1.2174 26,168,819 31,857,920 L1. COMMERCIAL PERSONAL 1,049,200 ** 1,049,200 1,049,200 L2. INDUSTRIAL PERSONAL 14,387,620 ** 14,387,620 14,387,620 M. MOBILE HOMES 714,810 ** 714,810 714,810 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 3,560 ** 3,560 3,560 ___________________ ___________________ ___________________ SUBTOTAL 658,049,412 785,181,536 658,049,412 LESS TOTAL DEDUCTIONS 11,668,280 12,413,300 11,668,280 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 646,381,132 772,768,236 646,381,132 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 6,702,603 6,702,603 MKT VALUE NON-QUAL CAP VALUE LOSS 56,324 67,877 ACRES & FRM/RNCH IMPRV 2,642,223 ** 2,642,223 OVER 65 FREZ LOSS 1,053,733 1,787,200 PROD VAL QUAL ACRES 3,050,500 1.0101 3,019,931 ALL OTHER 3,855,620 3,855,620 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 11,668,280 12,413,300 TOTAL TAXABLE VALUE 5,692,723 5,662,154 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:13:17 2004 ISD SUMMARY WORKSHEET REPT: PTS265 110/Hockley VRSN: P 110-907/Sundown 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 650,153,698 3,772,566 646,381,132 1,226,550 648,927,148 645,154,582 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 ****
