DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:28:03 2004 ISD SUMMARY WORKSHEET REPT: PTS265 161/McLennan VRSN: P 161-907/Lorena ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 198,694,033 1.0173 195,315,082 198,694,033 B. MULTIFAMILY RESIDENCES 4,141,139 ** 4,141,139 4,141,139 C. VACANT LOTS 4,574,470 ** 4,574,470 4,574,470 D. RURAL REAL(TAXABLE) 51,352,882 1.0518 48,822,061 51,352,882 F1. COMMERCIAL REAL 9,216,556 ** 9,216,556 9,216,556 F2. INDUSTRIAL REAL 1,074,783 ** 1,074,783 1,074,783 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 7,967,421 ** 7,967,421 7,967,421 L1. COMMERCIAL PERSONAL 11,201,370 ** 11,201,370 11,201,370 L2. INDUSTRIAL PERSONAL 88,930 ** 88,930 88,930 M. MOBILE HOMES 2,443,174 ** 2,443,174 2,443,174 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 527,972 ** 527,972 527,972 S. SPECIAL INVENTORY 203,235 ** 203,235 203,235 ___________________ ___________________ ___________________ SUBTOTAL 291,485,965 285,576,193 291,485,965 LESS TOTAL DEDUCTIONS 50,649,433 49,895,713 50,649,433 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 240,836,532 235,680,480 240,836,532 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 31,958,879 31,958,879 MKT VALUE NON-QUAL CAP VALUE LOSS 7,270,886 7,147,239 ACRES & FRM/RNCH IMPRV 47,359,626 1.0561 44,843,884 OVER 65 FREZ LOSS 11,388,720 10,758,647 PROD VAL QUAL ACRES 3,993,256 1.0038 3,978,177 ALL OTHER 30,948 30,948 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 50,649,433 49,895,713 TOTAL TAXABLE VALUE 51,352,882 48,822,061 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:28:03 2004 ISD SUMMARY WORKSHEET REPT: PTS265 161/McLennan VRSN: P 161-907/Lorena 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 258,899,388 18,062,856 240,836,532 0 258,899,388 240,836,532 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 ****
