DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:27:53 2004 ISD SUMMARY WORKSHEET REPT: PTS265 160/McCulloch VRSN: P 160-904/Rochelle ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 1,928,330 .9715 1,984,900 1,928,330 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 194,150 ** 194,150 194,150 D. RURAL REAL(TAXABLE) 28,088,771 1.0824 25,950,829 28,088,771 F1. COMMERCIAL REAL 102,770 ** 102,770 102,770 F2. INDUSTRIAL REAL 50,320 ** 50,320 50,320 G. OIL,GAS,MINERALS 28,920 ** 28,920 28,920 J. UTILITIES 5,815,390 .9677 6,009,497 5,815,390 L1. COMMERCIAL PERSONAL 260,840 ** 260,840 260,840 L2. INDUSTRIAL PERSONAL 730,630 ** 730,630 730,630 M. MOBILE HOMES 809,460 ** 809,460 809,460 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 970 ** 970 970 ___________________ ___________________ ___________________ SUBTOTAL 38,010,551 36,123,286 38,010,551 LESS TOTAL DEDUCTIONS 5,661,242 5,777,050 5,661,242 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 32,349,309 30,346,236 32,349,309 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 4,487,270 4,487,270 MKT VALUE NON-QUAL CAP VALUE LOSS 392,920 404,447 ACRES & FRM/RNCH IMPRV 17,177,130 1.1289 15,215,812 OVER 65 FREZ LOSS 781,052 885,333 PROD VAL QUAL ACRES 10,911,641 1.0165 10,735,017 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 5,661,242 5,777,050 TOTAL TAXABLE VALUE 28,088,771 25,950,829 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:27:53 2004 ISD SUMMARY WORKSHEET REPT: PTS265 160/McCulloch VRSN: P 160-904/Rochelle 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 34,728,319 2,379,010 32,349,309 0 34,728,319 32,349,309 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 LOCAL VALUE IS HIGHER THAN THE STATE VALUE **** END OF REPORT ****
