DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:32:35 2004 ISD SUMMARY WORKSHEET REPT: PTS265 190/Rains VRSN: P 190-903/Rains ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 173,344,648 .9303 186,331,988 173,344,648 B. MULTIFAMILY RESIDENCES 962,021 ** 962,021 962,021 C. VACANT LOTS 10,566,318 ** 10,566,318 10,566,318 D. RURAL REAL(TAXABLE) 123,070,482 .7895 155,876,402 123,070,482 F1. COMMERCIAL REAL 25,257,353 .9099 27,758,383 25,257,353 F2. INDUSTRIAL REAL 1,041,261 ** 1,041,261 1,041,261 G. OIL,GAS,MINERALS 33,625,200 1.0214 32,920,697 33,625,200 J. UTILITIES 13,067,093 ** 13,067,093 13,067,093 L1. COMMERCIAL PERSONAL 13,773,825 ** 13,773,825 13,773,825 L2. INDUSTRIAL PERSONAL 4,000,600 ** 4,000,600 4,000,600 M. MOBILE HOMES 5,828,802 ** 5,828,802 5,828,802 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 2,021,477 ** 2,021,477 2,021,477 S. SPECIAL INVENTORY 221,900 ** 221,900 221,900 ___________________ ___________________ ___________________ SUBTOTAL 406,780,980 454,370,767 406,780,980 LESS TOTAL DEDUCTIONS 85,264,730 91,027,690 85,264,730 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 321,516,250 363,343,077 321,516,250 T2** ** THIS DISTRICT IS IN YEAR 2 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 48,079,087 48,079,087 MKT VALUE NON-QUAL CAP VALUE LOSS 21,266,949 22,860,313 ACRES & FRM/RNCH IMPRV 112,184,219 .7647 146,703,569 OVER 65 FREZ LOSS 15,513,220 19,682,816 PROD VAL QUAL ACRES 10,886,263 1.1868 9,172,833 ALL OTHER 405,474 405,474 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 85,264,730 91,027,690 TOTAL TAXABLE VALUE 123,070,482 155,876,402 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:32:35 2004 ISD SUMMARY WORKSHEET REPT: PTS265 190/Rains VRSN: P 190-903/Rains 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 346,394,016 24,877,766 321,516,250 0 346,394,016 321,516,250 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 SCHOOL DISTRICT IS IN YEAR ONE/TWO OF A GRACE PERIOD. **** END OF REPORT ****
