DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:30:21 2004 ISD SUMMARY WORKSHEET REPT: PTS265 175/Navarro VRSN: P 175-907/Kerens ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 42,864,691 .9966 43,010,928 42,864,691 B. MULTIFAMILY RESIDENCES 265,890 ** 265,890 265,890 C. VACANT LOTS 13,879,131 .9115 15,226,693 13,879,131 D. RURAL REAL(TAXABLE) 46,453,181 1.0695 43,433,635 46,453,181 F1. COMMERCIAL REAL 4,324,476 ** 4,324,476 4,324,476 F2. INDUSTRIAL REAL 17,610 ** 17,610 17,610 G. OIL,GAS,MINERALS 4,666,900 ** 4,666,900 4,666,900 J. UTILITIES 20,666,460 .9737 21,224,669 20,666,460 L1. COMMERCIAL PERSONAL 2,421,645 ** 2,421,645 2,421,645 L2. INDUSTRIAL PERSONAL 270,200 ** 270,200 270,200 M. MOBILE HOMES 3,481,300 ** 3,481,300 3,481,300 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 2,435,870 ** 2,435,870 2,435,870 S. SPECIAL INVENTORY 41,190 ** 41,190 41,190 ___________________ ___________________ ___________________ SUBTOTAL 141,788,544 140,821,006 141,788,544 LESS TOTAL DEDUCTIONS 18,147,860 18,195,997 18,147,860 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 123,640,684 122,625,009 123,640,684 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 14,939,734 14,939,734 MKT VALUE NON-QUAL CAP VALUE LOSS 222,860 223,620 ACRES & FRM/RNCH IMPRV 35,083,281 1.0588 33,134,946 OVER 65 FREZ LOSS 2,985,266 3,032,643 PROD VAL QUAL ACRES 11,369,900 1.1040 10,298,689 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 18,147,860 18,195,997 TOTAL TAXABLE VALUE 46,453,181 43,433,635 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:30:21 2004 ISD SUMMARY WORKSHEET REPT: PTS265 175/Navarro VRSN: P 175-907/Kerens 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 131,403,314 7,762,630 123,640,684 0 131,403,314 123,640,684 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 ****
