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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 ****