DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:30:27 2004 ISD SUMMARY WORKSHEET REPT: PTS265 176/Newton VRSN: P 176-901/Burkeville ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 60,368,123 .9011 66,993,811 66,993,811 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 6,097,659 ** 6,097,659 6,097,659 D. RURAL REAL(TAXABLE) 54,556,999 .9864 55,306,639 55,306,639 F1. COMMERCIAL REAL 1,490,830 ** 1,490,830 1,490,830 F2. INDUSTRIAL REAL 144,550 ** 144,550 144,550 G. OIL,GAS,MINERALS 12,415,723 .7094 17,501,724 17,501,724 J. UTILITIES 11,478,179 .9771 11,747,190 11,747,190 L1. COMMERCIAL PERSONAL 760,722 ** 760,722 760,722 L2. INDUSTRIAL PERSONAL 1,108,180 ** 1,108,180 1,108,180 M. MOBILE HOMES 1,743,485 ** 1,743,485 1,743,485 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 291,070 ** 291,070 291,070 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 150,455,520 163,185,860 163,185,860 LESS TOTAL DEDUCTIONS 23,106,750 25,186,735 25,186,735 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 127,348,770 137,999,125 137,999,125 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 14,167,128 14,167,128 MKT VALUE NON-QUAL CAP VALUE LOSS 2,873,638 3,189,033 ACRES & FRM/RNCH IMPRV 8,234,723 .9510 8,659,015 OVER 65 FREZ LOSS 6,065,984 7,830,574 PROD VAL QUAL ACRES 46,322,276 .9930 46,647,624 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 23,106,750 25,186,735 TOTAL TAXABLE VALUE 54,556,999 55,306,639 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:30:27 2004 ISD SUMMARY WORKSHEET REPT: PTS265 176/Newton VRSN: P 176-901/Burkeville 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 145,125,282 7,126,157 137,999,125 3,026,486 142,098,796 134,972,639 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, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE. **** END OF REPORT ****
