DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:27:39 2004 ISD SUMMARY WORKSHEET REPT: PTS265 158/Matagorda VRSN: P 158-901/Bay City ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 314,990,552 .9424 334,242,946 334,242,946 B. MULTIFAMILY RESIDENCES 23,393,440 ** 23,393,440 23,393,440 C. VACANT LOTS 9,286,183 ** 9,286,183 9,286,183 D. RURAL REAL(TAXABLE) 28,453,869 .9949 28,598,470 28,598,470 F1. COMMERCIAL REAL 82,133,572 .8663 94,809,618 94,809,618 F2. INDUSTRIAL REAL 244,345,740 ** 244,345,740 244,345,740 G. OIL,GAS,MINERALS 67,219,000 1.0147 66,245,196 66,245,196 J. UTILITIES 46,120,580 .9976 46,231,536 46,231,536 L1. COMMERCIAL PERSONAL 46,851,940 1.0417 44,976,423 44,976,423 L2. INDUSTRIAL PERSONAL 41,549,910 ** 41,549,910 41,549,910 M. MOBILE HOMES 4,590,350 ** 4,590,350 4,590,350 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 668,070 ** 668,070 668,070 S. SPECIAL INVENTORY 5,056,930 ** 5,056,930 5,056,930 ___________________ ___________________ ___________________ SUBTOTAL 914,660,136 943,994,812 943,994,812 LESS TOTAL DEDUCTIONS 112,672,534 117,288,093 117,288,093 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 801,987,602 826,706,719 826,706,719 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 68,907,389 68,907,389 MKT VALUE NON-QUAL CAP VALUE LOSS 2,379,167 2,524,583 ACRES & FRM/RNCH IMPRV 15,529,740 ** 15,529,740 OVER 65 FREZ LOSS 18,777,251 23,247,394 PROD VAL QUAL ACRES 12,924,129 .9889 13,068,730 ALL OTHER 22,608,727 22,608,727 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 112,672,534 117,288,093 TOTAL TAXABLE VALUE 28,453,869 28,598,470 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:27:39 2004 ISD SUMMARY WORKSHEET REPT: PTS265 158/Matagorda VRSN: P 158-901/Bay City 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 863,058,592 36,351,873 826,706,719 0 863,058,592 826,706,719 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, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE. **** END OF REPORT ****
