DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:26:45 2004 ISD SUMMARY WORKSHEET REPT: PTS265 147/Limestone VRSN: P 147-903/Mexia ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 120,706,881 .9047 133,421,997 120,706,881 B. MULTIFAMILY RESIDENCES 4,167,087 ** 4,167,087 4,167,087 C. VACANT LOTS 3,537,742 ** 3,537,742 3,537,742 D. RURAL REAL(TAXABLE) 48,208,158 .9508 50,700,751 48,208,158 F1. COMMERCIAL REAL 49,876,472 .9434 52,868,849 49,876,472 F2. INDUSTRIAL REAL 2,015,890 ** 2,015,890 2,015,890 G. OIL,GAS,MINERALS 22,585,380 1.0210 22,120,842 22,585,380 J. UTILITIES 24,504,525 .9464 25,892,355 24,504,525 L1. COMMERCIAL PERSONAL 32,175,330 .9602 33,508,988 32,175,330 L2. INDUSTRIAL PERSONAL 22,970,564 ** 22,970,564 22,970,564 M. MOBILE HOMES 2,975,400 ** 2,975,400 2,975,400 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 2,794,500 ** 2,794,500 2,794,500 ___________________ ___________________ ___________________ SUBTOTAL 336,517,929 356,974,965 336,517,929 LESS TOTAL DEDUCTIONS 57,969,981 62,970,909 57,969,981 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 278,547,948 294,004,056 278,547,948 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 46,744,800 46,744,800 MKT VALUE NON-QUAL CAP VALUE LOSS 595,940 658,716 ACRES & FRM/RNCH IMPRV 43,859,438 .9435 46,485,891 OVER 65 FREZ LOSS 10,518,885 15,457,037 PROD VAL QUAL ACRES 4,348,720 1.0318 4,214,860 ALL OTHER 110,356 110,356 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 57,969,981 62,970,909 TOTAL TAXABLE VALUE 48,208,158 50,700,751 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:26:45 2004 ISD SUMMARY WORKSHEET REPT: PTS265 147/Limestone VRSN: P 147-903/Mexia 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 302,875,598 24,327,650 278,547,948 0 302,875,598 278,547,948 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 ****
