DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:26:49 2004 ISD SUMMARY WORKSHEET REPT: PTS265 148/Lipscomb VRSN: P 148-902/Follett ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 6,286,815 .9028 6,963,685 6,286,815 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 72,584 ** 72,584 72,584 D. RURAL REAL(TAXABLE) 15,407,078 .7472 20,619,345 15,407,078 F1. COMMERCIAL REAL 1,224,175 ** 1,224,175 1,224,175 F2. INDUSTRIAL REAL 336,349 ** 336,349 336,349 G. OIL,GAS,MINERALS 107,066,881 1.0198 104,988,116 107,066,881 J. UTILITIES 7,354,896 1.0394 7,076,098 7,354,896 L1. COMMERCIAL PERSONAL 735,899 ** 735,899 735,899 L2. INDUSTRIAL PERSONAL 372,406 ** 372,406 372,406 M. MOBILE HOMES 190,672 ** 190,672 190,672 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 139,047,755 142,579,329 139,047,755 LESS TOTAL DEDUCTIONS 4,037,256 4,316,500 4,037,256 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 135,010,499 138,262,829 135,010,499 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 3,117,565 3,117,565 MKT VALUE NON-QUAL CAP VALUE LOSS 33,225 36,802 ACRES & FRM/RNCH IMPRV 6,488,092 .7336 8,844,182 OVER 65 FREZ LOSS 886,466 1,162,133 PROD VAL QUAL ACRES 8,918,986 .7574 11,775,163 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 4,037,256 4,316,500 TOTAL TAXABLE VALUE 15,407,078 20,619,345 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:26:49 2004 ISD SUMMARY WORKSHEET REPT: PTS265 148/Lipscomb VRSN: P 148-902/Follett 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 136,574,785 1,564,286 135,010,499 0 136,574,785 135,010,499 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 ****
