DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:32:01 2004 ISD SUMMARY WORKSHEET REPT: PTS265 185/Parmer VRSN: P 185-903/Friona ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 45,233,572 .9368 48,285,196 45,233,572 B. MULTIFAMILY RESIDENCES 1,369,883 ** 1,369,883 1,369,883 C. VACANT LOTS 398,641 ** 398,641 398,641 D. RURAL REAL(TAXABLE) 56,213,067 1.2355 45,498,760 56,213,067 F1. COMMERCIAL REAL 6,733,132 ** 6,733,132 6,733,132 F2. INDUSTRIAL REAL 34,607,819 ** 34,607,819 34,607,819 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 19,496,404 .9758 19,979,918 19,496,404 L1. COMMERCIAL PERSONAL 12,154,557 .9742 12,476,449 12,154,557 L2. INDUSTRIAL PERSONAL 50,269,901 ** 50,269,901 50,269,901 M. MOBILE HOMES 215,054 ** 215,054 215,054 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 226,692,030 219,834,753 226,692,030 LESS TOTAL DEDUCTIONS 19,855,424 20,846,401 19,855,424 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 206,836,606 198,988,352 206,836,606 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 16,437,017 16,437,017 MKT VALUE NON-QUAL CAP VALUE LOSS 270,134 288,358 ACRES & FRM/RNCH IMPRV 14,550,738 1.1076 13,137,178 OVER 65 FREZ LOSS 3,148,273 4,121,026 PROD VAL QUAL ACRES 41,662,329 1.2874 32,361,582 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 19,855,424 20,846,401 TOTAL TAXABLE VALUE 56,213,067 45,498,760 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:32:01 2004 ISD SUMMARY WORKSHEET REPT: PTS265 185/Parmer VRSN: P 185-903/Friona 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 215,649,318 8,812,712 206,836,606 0 215,649,318 206,836,606 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 ****
