DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:26:51 2004 ISD SUMMARY WORKSHEET REPT: PTS265 148/Lipscomb VRSN: P 148-903/Higgins ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 5,009,009 .9257 5,411,050 5,009,009 B. MULTIFAMILY RESIDENCES 36,736 ** 36,736 36,736 C. VACANT LOTS 164,598 ** 164,598 164,598 D. RURAL REAL(TAXABLE) 9,087,070 .9051 10,039,377 9,087,070 F1. COMMERCIAL REAL 1,299,864 ** 1,299,864 1,299,864 F2. INDUSTRIAL REAL 99,118 ** 99,118 99,118 G. OIL,GAS,MINERALS 66,818,809 1.0571 63,209,544 66,818,809 J. UTILITIES 13,492,000 .9761 13,822,354 13,492,000 L1. COMMERCIAL PERSONAL 940,080 ** 940,080 940,080 L2. INDUSTRIAL PERSONAL 73,157 ** 73,157 73,157 M. MOBILE HOMES 20,915 ** 20,915 20,915 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 97,041,356 95,116,793 97,041,356 LESS TOTAL DEDUCTIONS 2,965,513 3,064,732 2,965,513 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 94,075,843 92,052,061 94,075,843 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 2,560,338 2,560,338 MKT VALUE NON-QUAL CAP VALUE LOSS 45,909 49,594 ACRES & FRM/RNCH IMPRV 3,314,693 .9085 3,648,534 OVER 65 FREZ LOSS 359,266 454,800 PROD VAL QUAL ACRES 5,772,377 .9032 6,390,843 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 2,965,513 3,064,732 TOTAL TAXABLE VALUE 9,087,070 10,039,377 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:26:51 2004 ISD SUMMARY WORKSHEET REPT: PTS265 148/Lipscomb VRSN: P 148-903/Higgins 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 95,382,323 1,306,480 94,075,843 0 95,382,323 94,075,843 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 ****
