DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:13:55 2004 ISD SUMMARY WORKSHEET REPT: PTS265 113/Houston VRSN: P 113-903/Lovelady ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 18,051,530 .9217 19,585,039 18,051,530 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 738,150 ** 738,150 738,150 D. RURAL REAL(TAXABLE) 67,399,610 .9982 67,519,873 67,399,610 F1. COMMERCIAL REAL 1,303,890 ** 1,303,890 1,303,890 F2. INDUSTRIAL REAL 550,130 ** 550,130 550,130 G. OIL,GAS,MINERALS 32,529,330 .9806 33,172,884 32,529,330 J. UTILITIES 16,818,180 .9338 18,010,473 16,818,180 L1. COMMERCIAL PERSONAL 2,331,450 ** 2,331,450 2,331,450 L2. INDUSTRIAL PERSONAL 3,475,590 ** 3,475,590 3,475,590 M. MOBILE HOMES 3,003,210 ** 3,003,210 3,003,210 N. INTANGIBLE PERS/UNCERT 28,500 ** 28,500 28,500 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 146,229,570 149,719,189 146,229,570 LESS TOTAL DEDUCTIONS 18,737,301 20,199,363 18,737,301 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 127,492,269 129,519,826 127,492,269 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 14,647,490 14,647,490 MKT VALUE NON-QUAL CAP VALUE LOSS 146,560 159,011 ACRES & FRM/RNCH IMPRV 42,688,310 .9079 47,018,736 OVER 65 FREZ LOSS 3,943,251 5,392,862 PROD VAL QUAL ACRES 24,711,300 1.2054 20,501,137 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 18,737,301 20,199,363 TOTAL TAXABLE VALUE 67,399,610 67,519,873 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:13:55 2004 ISD SUMMARY WORKSHEET REPT: PTS265 113/Houston VRSN: P 113-903/Lovelady 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 134,941,109 7,448,840 127,492,269 0 134,941,109 127,492,269 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 ****
