DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:23:37 2004 ISD SUMMARY WORKSHEET REPT: PTS265 122/Jeff Davis VRSN: P 122-902/Valentine ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 3,418,800 .9813 3,483,950 3,418,800 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 1,685,080 .9566 1,761,530 1,685,080 D. RURAL REAL(TAXABLE) 13,629,890 .8993 15,156,721 13,629,890 F1. COMMERCIAL REAL 246,660 ** 246,660 246,660 F2. INDUSTRIAL REAL 0 ** 0 0 G. OIL,GAS,MINERALS 580 ** 580 580 J. UTILITIES 10,015,790 .9725 10,299,013 10,015,790 L1. COMMERCIAL PERSONAL 85,341 ** 85,341 85,341 L2. INDUSTRIAL PERSONAL 0 ** 0 0 M. MOBILE HOMES 139,160 ** 139,160 139,160 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 29,221,301 31,172,955 29,221,301 LESS TOTAL DEDUCTIONS 1,624,952 1,659,767 1,624,952 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 27,596,349 29,513,188 27,596,349 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 1,170,530 1,170,530 MKT VALUE NON-QUAL CAP VALUE LOSS 0 0 ACRES & FRM/RNCH IMPRV 6,488,860 .9742 6,660,706 OVER 65 FREZ LOSS 454,422 489,237 PROD VAL QUAL ACRES 7,141,030 .8405 8,496,015 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 1,624,952 1,659,767 TOTAL TAXABLE VALUE 13,629,890 15,156,721 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:23:37 2004 ISD SUMMARY WORKSHEET REPT: PTS265 122/Jeff Davis VRSN: P 122-902/Valentine 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 28,152,979 556,630 27,596,349 0 28,152,979 27,596,349 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 ****
