DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:28:47 2004 ISD SUMMARY WORKSHEET REPT: PTS265 165/Midland VRSN: P 165-901/Midland ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 2,675,585,058 .9902 2,702,065,298 2,675,585,058 B. MULTIFAMILY RESIDENCES 97,790,110 ** 97,790,110 97,790,110 C. VACANT LOTS 56,108,906 ** 56,108,906 56,108,906 D. RURAL REAL(TAXABLE) 85,051,533 1.0002 85,030,800 85,051,533 F1. COMMERCIAL REAL 707,548,673 1.0316 685,875,022 707,548,673 F2. INDUSTRIAL REAL 17,111,290 ** 17,111,290 17,111,290 G. OIL,GAS,MINERALS 971,398,250 1.0041 967,431,780 971,398,250 J. UTILITIES 234,280,210 ** 234,280,210 234,280,210 L1. COMMERCIAL PERSONAL 491,878,196 1.0003 491,730,677 491,878,196 L2. INDUSTRIAL PERSONAL 322,777,910 ** 322,777,910 322,777,910 M. MOBILE HOMES 25,563,230 ** 25,563,230 25,563,230 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 8,103,620 ** 8,103,620 8,103,620 S. SPECIAL INVENTORY 24,847,080 ** 24,847,080 24,847,080 ___________________ ___________________ ___________________ SUBTOTAL 5,718,044,066 5,718,715,933 5,718,044,066 LESS TOTAL DEDUCTIONS 713,481,764 719,176,443 713,481,764 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 5,004,562,302 4,999,539,490 5,004,562,302 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 416,365,754 416,365,754 MKT VALUE NON-QUAL CAP VALUE LOSS 18,277,161 18,458,050 ACRES & FRM/RNCH IMPRV 76,879,193 ** 76,879,193 OVER 65 FREZ LOSS 277,522,496 283,036,286 PROD VAL QUAL ACRES 8,172,340 1.0025 8,151,607 ALL OTHER 1,316,353 1,316,353 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 713,481,764 719,176,443 TOTAL TAXABLE VALUE 85,051,533 85,030,800 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:28:47 2004 ISD SUMMARY WORKSHEET REPT: PTS265 165/Midland VRSN: P 165-901/Midland 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 5,235,406,059 230,843,757 5,004,562,302 118,067,076 5,117,338,983 4,886,495,226 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 ****
