DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:31:07 2004 ISD SUMMARY WORKSHEET REPT: PTS265 180/Oldham VRSN: P 180-902/Vega ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 17,559,554 .9764 17,983,976 17,559,554 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 675,400 ** 675,400 675,400 D. RURAL REAL(TAXABLE) 26,519,106 1.1412 23,237,586 26,519,106 F1. COMMERCIAL REAL 4,817,450 .9426 5,110,811 4,817,450 F2. INDUSTRIAL REAL 3,016,530 ** 3,016,530 3,016,530 G. OIL,GAS,MINERALS 1,853,410 ** 1,853,410 1,853,410 J. UTILITIES 6,599,970 1.0603 6,224,625 6,599,970 L1. COMMERCIAL PERSONAL 2,386,428 .9829 2,427,946 2,386,428 L2. INDUSTRIAL PERSONAL 8,185,220 ** 8,185,220 8,185,220 M. MOBILE HOMES 385,440 ** 385,440 385,440 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 71,998,508 69,100,944 71,998,508 LESS TOTAL DEDUCTIONS 8,918,103 9,103,769 8,918,103 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 63,080,405 59,997,175 63,080,405 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 6,191,419 6,191,419 MKT VALUE NON-QUAL CAP VALUE LOSS 639,256 654,707 ACRES & FRM/RNCH IMPRV 8,238,326 .9828 8,382,505 OVER 65 FREZ LOSS 2,087,428 2,257,643 PROD VAL QUAL ACRES 18,280,780 1.2306 14,855,081 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 8,918,103 9,103,769 TOTAL TAXABLE VALUE 26,519,106 23,237,586 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:31:07 2004 ISD SUMMARY WORKSHEET REPT: PTS265 180/Oldham VRSN: P 180-902/Vega 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 66,360,449 3,280,044 63,080,405 0 66,360,449 63,080,405 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 LOCAL VALUE IS HIGHER THAN THE STATE VALUE **** END OF REPORT ****
