DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:31:09 2004 ISD SUMMARY WORKSHEET REPT: PTS265 180/Oldham VRSN: P 180-903/Adrian ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 2,590,850 .9811 2,640,760 2,590,850 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 107,400 ** 107,400 107,400 D. RURAL REAL(TAXABLE) 25,988,505 1.1557 22,487,537 25,988,505 F1. COMMERCIAL REAL 536,600 ** 536,600 536,600 F2. INDUSTRIAL REAL 361,900 ** 361,900 361,900 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 5,318,290 1.0340 5,143,414 5,318,290 L1. COMMERCIAL PERSONAL 574,240 ** 574,240 574,240 L2. INDUSTRIAL PERSONAL 2,910 ** 2,910 2,910 M. MOBILE HOMES 12,200 ** 12,200 12,200 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 35,492,895 31,866,961 35,492,895 LESS TOTAL DEDUCTIONS 2,051,740 2,093,088 2,051,740 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 33,441,155 29,773,873 33,441,155 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 1,504,009 1,504,009 MKT VALUE NON-QUAL CAP VALUE LOSS 116,490 118,734 ACRES & FRM/RNCH IMPRV 4,488,765 .9614 4,668,988 OVER 65 FREZ LOSS 431,241 470,345 PROD VAL QUAL ACRES 21,499,740 1.2066 17,818,549 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 2,051,740 2,093,088 TOTAL TAXABLE VALUE 25,988,505 22,487,537 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:31:09 2004 ISD SUMMARY WORKSHEET REPT: PTS265 180/Oldham VRSN: P 180-903/Adrian 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 34,182,258 741,103 33,441,155 0 34,182,258 33,441,155 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 ****
