DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:28:17 2004 ISD SUMMARY WORKSHEET REPT: PTS265 161/McLennan VRSN: P 161-918/Axtell ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 33,299,334 1.0078 33,041,609 33,299,334 B. MULTIFAMILY RESIDENCES 42,563 ** 42,563 42,563 C. VACANT LOTS 1,206,443 ** 1,206,443 1,206,443 D. RURAL REAL(TAXABLE) 40,005,164 1.0074 39,713,019 40,005,164 F1. COMMERCIAL REAL 916,264 ** 916,264 916,264 F2. INDUSTRIAL REAL 22,388 ** 22,388 22,388 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 5,592,937 .9220 6,066,092 5,592,937 L1. COMMERCIAL PERSONAL 2,055,065 ** 2,055,065 2,055,065 L2. INDUSTRIAL PERSONAL 0 ** 0 0 M. MOBILE HOMES 2,699,694 ** 2,699,694 2,699,694 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 14,164 ** 14,164 14,164 ___________________ ___________________ ___________________ SUBTOTAL 85,854,016 85,777,301 85,854,016 LESS TOTAL DEDUCTIONS 18,451,793 18,332,128 18,451,793 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 67,402,223 67,445,173 67,402,223 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 13,367,320 13,367,320 MKT VALUE NON-QUAL CAP VALUE LOSS 1,392,074 1,381,300 ACRES & FRM/RNCH IMPRV 35,888,235 .9921 36,174,010 OVER 65 FREZ LOSS 3,692,124 3,583,233 PROD VAL QUAL ACRES 4,116,929 1.1633 3,539,009 ALL OTHER 275 275 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 18,451,793 18,332,128 TOTAL TAXABLE VALUE 40,005,164 39,713,019 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:28:17 2004 ISD SUMMARY WORKSHEET REPT: PTS265 161/McLennan VRSN: P 161-918/Axtell 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 74,587,012 7,184,789 67,402,223 0 74,587,012 67,402,223 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 ****
