DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:27:45 2004 ISD SUMMARY WORKSHEET REPT: PTS265 158/Matagorda VRSN: P 158-905/Palacios ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 113,303,323 .8814 128,549,266 113,303,323 B. MULTIFAMILY RESIDENCES 2,945,065 ** 2,945,065 2,945,065 C. VACANT LOTS 12,372,758 ** 12,372,758 12,372,758 D. RURAL REAL(TAXABLE) 41,745,841 .9420 44,318,038 41,745,841 F1. COMMERCIAL REAL 16,660,077 .7372 22,599,128 16,660,077 F2. INDUSTRIAL REAL 614,920,950 ** 614,920,950 614,920,950 G. OIL,GAS,MINERALS 85,221,500 1.0101 84,369,369 85,221,500 J. UTILITIES 47,042,623 .9841 47,802,686 47,042,623 L1. COMMERCIAL PERSONAL 29,987,340 1.0155 29,529,631 29,987,340 L2. INDUSTRIAL PERSONAL 105,940,000 ** 105,940,000 105,940,000 M. MOBILE HOMES 1,854,560 ** 1,854,560 1,854,560 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 36,240 ** 36,240 36,240 S. SPECIAL INVENTORY 181,580 ** 181,580 181,580 ___________________ ___________________ ___________________ SUBTOTAL 1,072,211,857 1,095,419,271 1,072,211,857 LESS TOTAL DEDUCTIONS 39,803,989 43,656,861 39,803,989 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 1,032,407,868 1,051,762,410 1,032,407,868 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 26,849,422 26,849,422 MKT VALUE NON-QUAL CAP VALUE LOSS 3,331,288 3,779,542 ACRES & FRM/RNCH IMPRV 22,459,369 .9136 24,583,372 OVER 65 FREZ LOSS 9,621,175 13,025,793 PROD VAL QUAL ACRES 19,286,472 .9773 19,734,666 ALL OTHER 2,104 2,104 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 39,803,989 43,656,861 TOTAL TAXABLE VALUE 41,745,841 44,318,038 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:27:45 2004 ISD SUMMARY WORKSHEET REPT: PTS265 158/Matagorda VRSN: P 158-905/Palacios 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 1,046,548,584 14,140,716 1,032,407,868 8,266,202 1,038,282,382 1,024,141,666 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 ****
