DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:33:38 2004 ISD SUMMARY WORKSHEET REPT: PTS265 194/Red River VRSN: P 194-905/Detroit ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 13,756,020 .9728 14,140,646 13,756,020 B. MULTIFAMILY RESIDENCES 396,510 ** 396,510 396,510 C. VACANT LOTS 1,083,970 ** 1,083,970 1,083,970 D. RURAL REAL(TAXABLE) 33,410,280 1.0246 32,607,159 33,410,280 F1. COMMERCIAL REAL 1,007,300 ** 1,007,300 1,007,300 F2. INDUSTRIAL REAL 0 ** 0 0 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 2,714,770 ** 2,714,770 2,714,770 L1. COMMERCIAL PERSONAL 794,590 ** 794,590 794,590 L2. INDUSTRIAL PERSONAL 163,400 ** 163,400 163,400 M. MOBILE HOMES 1,495,900 ** 1,495,900 1,495,900 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 11,790 ** 11,790 11,790 ___________________ ___________________ ___________________ SUBTOTAL 54,834,530 54,416,035 54,834,530 LESS TOTAL DEDUCTIONS 12,311,259 12,509,582 12,311,259 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 42,523,271 41,906,453 42,523,271 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 10,642,520 10,642,520 MKT VALUE NON-QUAL CAP VALUE LOSS 241,170 247,913 ACRES & FRM/RNCH IMPRV 20,634,290 1.0140 20,349,398 OVER 65 FREZ LOSS 1,371,872 1,563,452 PROD VAL QUAL ACRES 12,775,990 1.0423 12,257,761 ALL OTHER 55,697 55,697 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 12,311,259 12,509,582 TOTAL TAXABLE VALUE 33,410,280 32,607,159 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:33:38 2004 ISD SUMMARY WORKSHEET REPT: PTS265 194/Red River VRSN: P 194-905/Detroit 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 48,177,781 5,654,510 42,523,271 0 48,177,781 42,523,271 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 VALID, AND LOCAL VALUE WAS CERTIFIED. **** END OF REPORT ****
