DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:29:39 2004 ISD SUMMARY WORKSHEET REPT: PTS265 170/Montgomery VRSN: P 170-907/Splendora ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 163,559,666 .9411 173,796,266 163,559,666 B. MULTIFAMILY RESIDENCES 209,760 ** 209,760 209,760 C. VACANT LOTS 22,558,617 .8641 26,106,489 22,558,617 D. RURAL REAL(TAXABLE) 29,687,365 1.0147 29,257,709 29,687,365 F1. COMMERCIAL REAL 9,351,080 ** 9,351,080 9,351,080 F2. INDUSTRIAL REAL 274,800 ** 274,800 274,800 G. OIL,GAS,MINERALS 864,170 ** 864,170 864,170 J. UTILITIES 21,900,104 .9313 23,515,628 21,900,104 L1. COMMERCIAL PERSONAL 12,235,954 ** 12,235,954 12,235,954 L2. INDUSTRIAL PERSONAL 772,310 ** 772,310 772,310 M. MOBILE HOMES 7,278,890 ** 7,278,890 7,278,890 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 477,376 ** 477,376 477,376 ___________________ ___________________ ___________________ SUBTOTAL 269,170,092 284,140,432 269,170,092 LESS TOTAL DEDUCTIONS 49,631,341 51,157,525 49,631,341 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 219,538,751 232,982,907 219,538,751 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 44,532,630 44,532,630 MKT VALUE NON-QUAL CAP VALUE LOSS 2,242,440 2,382,786 ACRES & FRM/RNCH IMPRV 19,297,600 1.0190 18,937,782 OVER 65 FREZ LOSS 2,574,046 3,959,884 PROD VAL QUAL ACRES 10,389,765 1.0068 10,319,927 ALL OTHER 282,225 282,225 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 49,631,341 51,157,525 TOTAL TAXABLE VALUE 29,687,365 29,257,709 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:29:39 2004 ISD SUMMARY WORKSHEET REPT: PTS265 170/Montgomery VRSN: P 170-907/Splendora 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 244,212,041 24,673,290 219,538,751 0 244,212,041 219,538,751 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 ****
