DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:29:13 2004 ISD SUMMARY WORKSHEET REPT: PTS265 168/Mitchell VRSN: P 168-902/Loraine ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 4,243,540 .9689 4,379,750 4,243,540 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 172,400 ** 172,400 172,400 D. RURAL REAL(TAXABLE) 15,014,360 1.0517 14,276,746 15,014,360 F1. COMMERCIAL REAL 293,810 ** 293,810 293,810 F2. INDUSTRIAL REAL 321,250 ** 321,250 321,250 G. OIL,GAS,MINERALS 278,960 ** 278,960 278,960 J. UTILITIES 7,298,080 .8941 8,162,487 7,298,080 L1. COMMERCIAL PERSONAL 621,200 ** 621,200 621,200 L2. INDUSTRIAL PERSONAL 727,320 ** 727,320 727,320 M. MOBILE HOMES 366,150 ** 366,150 366,150 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 29,337,070 29,600,073 29,337,070 LESS TOTAL DEDUCTIONS 4,748,520 4,854,425 4,748,520 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 24,588,550 24,745,648 24,588,550 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 4,451,790 4,451,790 MKT VALUE NON-QUAL CAP VALUE LOSS 53,130 54,835 ACRES & FRM/RNCH IMPRV 6,382,980 .9086 7,025,072 OVER 65 FREZ LOSS 243,600 347,800 PROD VAL QUAL ACRES 8,631,380 1.1903 7,251,674 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 4,748,520 4,854,425 TOTAL TAXABLE VALUE 15,014,360 14,276,746 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:29:13 2004 ISD SUMMARY WORKSHEET REPT: PTS265 168/Mitchell VRSN: P 168-902/Loraine 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 26,864,530 2,275,980 24,588,550 0 26,864,530 24,588,550 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 ****
