DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:26:21 2004 ISD SUMMARY WORKSHEET REPT: PTS265 145/Leon VRSN: P 145-906/Normangee ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 56,411,845 .9168 61,531,245 56,411,845 B. MULTIFAMILY RESIDENCES 404,365 ** 404,365 404,365 C. VACANT LOTS 24,818,065 1.1925 20,811,795 24,818,065 D. RURAL REAL(TAXABLE) 52,754,195 .9384 56,218,517 52,754,195 F1. COMMERCIAL REAL 3,854,460 ** 3,854,460 3,854,460 F2. INDUSTRIAL REAL 0 ** 0 0 G. OIL,GAS,MINERALS 103,410 ** 103,410 103,410 J. UTILITIES 14,033,631 .9645 14,550,162 14,033,631 L1. COMMERCIAL PERSONAL 5,315,730 ** 5,315,730 5,315,730 L2. INDUSTRIAL PERSONAL 7,125,270 ** 7,125,270 7,125,270 M. MOBILE HOMES 1,934,368 ** 1,934,368 1,934,368 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 627,997 ** 627,997 627,997 ___________________ ___________________ ___________________ SUBTOTAL 167,383,336 172,477,319 167,383,336 LESS TOTAL DEDUCTIONS 28,755,504 30,749,958 28,755,504 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 138,627,832 141,727,361 138,627,832 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 19,892,556 19,892,556 MKT VALUE NON-QUAL CAP VALUE LOSS 259,877 283,461 ACRES & FRM/RNCH IMPRV 46,715,873 .9304 50,210,526 OVER 65 FREZ LOSS 8,603,071 10,573,941 PROD VAL QUAL ACRES 6,038,322 1.0050 6,007,991 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 28,755,504 30,749,958 TOTAL TAXABLE VALUE 52,754,195 56,218,517 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:26:21 2004 ISD SUMMARY WORKSHEET REPT: PTS265 145/Leon VRSN: P 145-906/Normangee 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 148,106,034 9,478,202 138,627,832 6,474,185 141,631,849 132,153,647 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 ****
