DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:29:35 2004 ISD SUMMARY WORKSHEET REPT: PTS265 170/Montgomery VRSN: P 170-904/Willis ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 923,495,039 .9341 988,646,868 923,495,039 B. MULTIFAMILY RESIDENCES 2,573,461 ** 2,573,461 2,573,461 C. VACANT LOTS 99,405,605 .9043 109,925,473 99,405,605 D. RURAL REAL(TAXABLE) 81,389,983 .9927 81,986,007 81,389,983 F1. COMMERCIAL REAL 97,766,005 .9363 104,417,393 97,766,005 F2. INDUSTRIAL REAL 41,189,756 ** 41,189,756 41,189,756 G. OIL,GAS,MINERALS 177,620 ** 177,620 177,620 J. UTILITIES 48,947,277 ** 48,947,277 48,947,277 L1. COMMERCIAL PERSONAL 74,800,215 .9634 77,641,909 74,800,215 L2. INDUSTRIAL PERSONAL 20,092,141 ** 20,092,141 20,092,141 M. MOBILE HOMES 6,611,562 ** 6,611,562 6,611,562 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 214,310 ** 214,310 214,310 ___________________ ___________________ ___________________ SUBTOTAL 1,396,662,974 1,482,423,777 1,396,662,974 LESS TOTAL DEDUCTIONS 219,841,540 235,772,790 219,841,540 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 1,176,821,434 1,246,650,987 1,176,821,434 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 125,960,540 125,960,540 MKT VALUE NON-QUAL CAP VALUE LOSS 22,242,286 23,811,461 ACRES & FRM/RNCH IMPRV 45,452,375 .9705 46,833,977 OVER 65 FREZ LOSS 66,059,020 80,421,095 PROD VAL QUAL ACRES 35,937,608 1.0223 35,152,030 ALL OTHER 5,579,694 5,579,694 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 219,841,540 235,772,790 TOTAL TAXABLE VALUE 81,389,983 81,986,007 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:29:35 2004 ISD SUMMARY WORKSHEET REPT: PTS265 170/Montgomery VRSN: P 170-904/Willis 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 1,245,197,564 68,376,130 1,176,821,434 0 1,245,197,564 1,176,821,434 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 ****
