DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:30:51 2004 ISD SUMMARY WORKSHEET REPT: PTS265 178/Nueces VRSN: P 178-906/London ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 50,468,322 .9922 50,865,070 50,468,322 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 2,790,813 ** 2,790,813 2,790,813 D. RURAL REAL(TAXABLE) 24,773,731 1.0728 23,092,673 24,773,731 F1. COMMERCIAL REAL 1,509,709 ** 1,509,709 1,509,709 F2. INDUSTRIAL REAL 902,678 ** 902,678 902,678 G. OIL,GAS,MINERALS 53,530,240 .9847 54,361,978 53,530,240 J. UTILITIES 8,335,735 .9327 8,937,209 8,335,735 L1. COMMERCIAL PERSONAL 1,437,413 ** 1,437,413 1,437,413 L2. INDUSTRIAL PERSONAL 1,267,632 ** 1,267,632 1,267,632 M. MOBILE HOMES 117,250 ** 117,250 117,250 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 8,900 ** 8,900 8,900 ___________________ ___________________ ___________________ SUBTOTAL 145,142,423 145,291,325 145,142,423 LESS TOTAL DEDUCTIONS 4,293,905 4,328,754 4,293,905 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 140,848,518 140,962,571 140,848,518 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 2,996,500 2,996,500 MKT VALUE NON-QUAL CAP VALUE LOSS 706,667 712,222 ACRES & FRM/RNCH IMPRV 9,449,393 .9854 9,589,398 OVER 65 FREZ LOSS 370,578 399,872 PROD VAL QUAL ACRES 15,324,338 1.1349 13,503,275 ALL OTHER 220,160 220,160 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 4,293,905 4,328,754 TOTAL TAXABLE VALUE 24,773,731 23,092,673 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:30:51 2004 ISD SUMMARY WORKSHEET REPT: PTS265 178/Nueces VRSN: P 178-906/London 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 142,688,518 1,840,000 140,848,518 0 142,688,518 140,848,518 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 ****
