DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:29:11 2004 ISD SUMMARY WORKSHEET REPT: PTS265 168/Mitchell VRSN: P 168-901/Colorado ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 44,647,278 .9501 46,992,188 44,647,278 B. MULTIFAMILY RESIDENCES 1,087,480 ** 1,087,480 1,087,480 C. VACANT LOTS 1,524,788 ** 1,524,788 1,524,788 D. RURAL REAL(TAXABLE) 35,632,372 .9299 38,317,324 35,632,372 F1. COMMERCIAL REAL 13,810,954 .9480 14,568,517 13,810,954 F2. INDUSTRIAL REAL 41,250,328 ** 41,250,328 41,250,328 G. OIL,GAS,MINERALS 21,642,670 .9410 22,999,649 21,642,670 J. UTILITIES 38,912,160 .9374 41,510,732 38,912,160 L1. COMMERCIAL PERSONAL 7,864,510 ** 7,864,510 7,864,510 L2. INDUSTRIAL PERSONAL 19,837,340 ** 19,837,340 19,837,340 M. MOBILE HOMES 1,270,190 ** 1,270,190 1,270,190 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 227,480,070 237,223,046 227,480,070 LESS TOTAL DEDUCTIONS 23,364,674 24,303,032 23,364,674 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 204,115,396 212,920,014 204,115,396 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 21,273,965 21,273,965 MKT VALUE NON-QUAL CAP VALUE LOSS 242,339 255,067 ACRES & FRM/RNCH IMPRV 20,757,182 .9184 22,601,461 OVER 65 FREZ LOSS 1,848,370 2,774,000 PROD VAL QUAL ACRES 14,875,190 .9465 15,715,863 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 23,364,674 24,303,032 TOTAL TAXABLE VALUE 35,632,372 38,317,324 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:29:11 2004 ISD SUMMARY WORKSHEET REPT: PTS265 168/Mitchell VRSN: P 168-901/Colorado 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 215,273,861 11,158,465 204,115,396 0 215,273,861 204,115,396 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 SCHOOL DISTRICT IS IN YEAR ONE/TWO OF A GRACE PERIOD. **** END OF REPORT ****
