DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:13:57 2004 ISD SUMMARY WORKSHEET REPT: PTS265 113/Houston VRSN: P 113-905/Latexo ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 38,894,020 .9803 39,675,630 38,894,020 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 1,981,940 ** 1,981,940 1,981,940 D. RURAL REAL(TAXABLE) 30,457,890 .9750 31,237,872 30,457,890 F1. COMMERCIAL REAL 1,083,070 ** 1,083,070 1,083,070 F2. INDUSTRIAL REAL 2,818,670 ** 2,818,670 2,818,670 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 8,543,710 .9502 8,991,486 8,543,710 L1. COMMERCIAL PERSONAL 858,870 ** 858,870 858,870 L2. INDUSTRIAL PERSONAL 20,275,640 ** 20,275,640 20,275,640 M. MOBILE HOMES 1,975,660 ** 1,975,660 1,975,660 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 2,320 ** 2,320 2,320 ___________________ ___________________ ___________________ SUBTOTAL 106,891,790 108,901,158 106,891,790 LESS TOTAL DEDUCTIONS 16,578,378 16,853,655 16,578,378 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 90,313,412 92,047,503 90,313,412 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 12,363,910 12,363,910 MKT VALUE NON-QUAL CAP VALUE LOSS 494,420 504,356 ACRES & FRM/RNCH IMPRV 21,498,910 .9449 22,752,577 OVER 65 FREZ LOSS 3,108,698 3,374,039 PROD VAL QUAL ACRES 8,958,980 1.0558 8,485,295 ALL OTHER 611,350 611,350 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 16,578,378 16,853,655 TOTAL TAXABLE VALUE 30,457,890 31,237,872 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:13:57 2004 ISD SUMMARY WORKSHEET REPT: PTS265 113/Houston VRSN: P 113-905/Latexo 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 96,745,862 6,432,450 90,313,412 0 96,745,862 90,313,412 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 ****
