DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:28:55 2004 ISD SUMMARY WORKSHEET REPT: PTS265 166/Milam VRSN: P 166-903/Milano ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 9,109,080 .9840 9,257,195 9,109,080 B. MULTIFAMILY RESIDENCES 41,610 ** 41,610 41,610 C. VACANT LOTS 957,022 ** 957,022 957,022 D. RURAL REAL(TAXABLE) 36,908,208 1.1389 32,408,206 36,908,208 F1. COMMERCIAL REAL 1,069,890 ** 1,069,890 1,069,890 F2. INDUSTRIAL REAL 3,000 ** 3,000 3,000 G. OIL,GAS,MINERALS 1,938,880 ** 1,938,880 1,938,880 J. UTILITIES 9,356,520 .9428 9,924,183 9,356,520 L1. COMMERCIAL PERSONAL 665,208 ** 665,208 665,208 L2. INDUSTRIAL PERSONAL 1,271,440 ** 1,271,440 1,271,440 M. MOBILE HOMES 2,447,700 ** 2,447,700 2,447,700 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 8,590 ** 8,590 8,590 ___________________ ___________________ ___________________ SUBTOTAL 63,777,148 59,992,924 63,777,148 LESS TOTAL DEDUCTIONS 11,084,221 11,217,292 11,084,221 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 52,692,927 48,775,632 52,692,927 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 8,310,100 8,310,100 MKT VALUE NON-QUAL CAP VALUE LOSS 1,162,555 1,181,458 ACRES & FRM/RNCH IMPRV 31,580,548 1.1719 26,948,159 OVER 65 FREZ LOSS 1,564,899 1,679,067 PROD VAL QUAL ACRES 5,327,660 .9758 5,460,047 ALL OTHER 46,667 46,667 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 11,084,221 11,217,292 TOTAL TAXABLE VALUE 36,908,208 32,408,206 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:28:55 2004 ISD SUMMARY WORKSHEET REPT: PTS265 166/Milam VRSN: P 166-903/Milano 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 57,135,327 4,442,400 52,692,927 0 57,135,327 52,692,927 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 ****
