DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:31:59 2004 ISD SUMMARY WORKSHEET REPT: PTS265 185/Parmer VRSN: P 185-902/Farwell ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 20,970,534 .9538 21,986,301 20,970,534 B. MULTIFAMILY RESIDENCES 360,902 ** 360,902 360,902 C. VACANT LOTS 146,459 ** 146,459 146,459 D. RURAL REAL(TAXABLE) 38,973,862 1.2640 30,833,700 38,973,862 F1. COMMERCIAL REAL 3,044,622 ** 3,044,622 3,044,622 F2. INDUSTRIAL REAL 8,563,401 ** 8,563,401 8,563,401 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 12,932,294 .9815 13,176,051 12,932,294 L1. COMMERCIAL PERSONAL 7,437,113 .9857 7,545,007 7,437,113 L2. INDUSTRIAL PERSONAL 3,058,775 ** 3,058,775 3,058,775 M. MOBILE HOMES 163,337 ** 163,337 163,337 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 95,651,299 88,878,555 95,651,299 LESS TOTAL DEDUCTIONS 10,941,871 11,340,192 10,941,871 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 84,709,428 77,538,363 84,709,428 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 9,027,149 9,027,149 MKT VALUE NON-QUAL CAP VALUE LOSS 103,924 108,958 ACRES & FRM/RNCH IMPRV 13,440,329 .9291 14,465,966 OVER 65 FREZ LOSS 1,810,798 2,204,085 PROD VAL QUAL ACRES 25,533,533 1.5600 16,367,734 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 10,941,871 11,340,192 TOTAL TAXABLE VALUE 38,973,862 30,833,700 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:31:59 2004 ISD SUMMARY WORKSHEET REPT: PTS265 185/Parmer VRSN: P 185-902/Farwell 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 89,537,907 4,828,479 84,709,428 0 89,537,907 84,709,428 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 ****
