DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:29:33 2004 ISD SUMMARY WORKSHEET REPT: PTS265 170/Montgomery VRSN: P 170-903/Montgomery ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 1,794,802,767 .9411 1,907,132,894 1,794,802,767 B. MULTIFAMILY RESIDENCES 1,270,450 ** 1,270,450 1,270,450 C. VACANT LOTS 205,516,259 .9176 223,971,512 205,516,259 D. RURAL REAL(TAXABLE) 71,132,892 1.0197 69,756,872 71,132,892 F1. COMMERCIAL REAL 100,081,891 ** 100,081,891 100,081,891 F2. INDUSTRIAL REAL 26,590 ** 26,590 26,590 G. OIL,GAS,MINERALS 11,612,610 ** 11,612,610 11,612,610 J. UTILITIES 51,908,898 ** 51,908,898 51,908,898 L1. COMMERCIAL PERSONAL 70,298,528 ** 70,298,528 70,298,528 L2. INDUSTRIAL PERSONAL 30,000 ** 30,000 30,000 M. MOBILE HOMES 4,540,233 ** 4,540,233 4,540,233 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 729,734 ** 729,734 729,734 ___________________ ___________________ ___________________ SUBTOTAL 2,311,950,852 2,441,360,212 2,311,950,852 LESS TOTAL DEDUCTIONS 270,520,780 295,234,341 270,520,780 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 2,041,430,072 2,146,125,871 2,041,430,072 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 144,908,499 144,908,499 MKT VALUE NON-QUAL CAP VALUE LOSS 24,737,988 26,286,248 ACRES & FRM/RNCH IMPRV 54,368,462 ** 54,368,462 OVER 65 FREZ LOSS 75,508,675 98,673,976 PROD VAL QUAL ACRES 16,764,430 1.0894 15,388,410 ALL OTHER 25,365,618 25,365,618 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 270,520,780 295,234,341 TOTAL TAXABLE VALUE 71,132,892 69,756,872 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:29:33 2004 ISD SUMMARY WORKSHEET REPT: PTS265 170/Montgomery VRSN: P 170-903/Montgomery 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 2,119,987,721 78,557,649 2,041,430,072 0 2,119,987,721 2,041,430,072 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 ****
