DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:35:58 2004 ISD SUMMARY WORKSHEET REPT: PTS265 216/Sterling VRSN: P 216-901/Sterling City ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 12,508,140 ** 12,508,140 12,508,140 B. MULTIFAMILY RESIDENCES 227,820 ** 227,820 227,820 C. VACANT LOTS 770,950 ** 770,950 770,950 D. RURAL REAL(TAXABLE) 18,357,280 .8778 20,911,993 18,357,280 F1. COMMERCIAL REAL 2,764,380 ** 2,764,380 2,764,380 F2. INDUSTRIAL REAL 17,522,730 ** 17,522,730 17,522,730 G. OIL,GAS,MINERALS 250,254,120 1.0488 238,609,954 250,254,120 J. UTILITIES 37,658,830 .9806 38,403,865 37,658,830 L1. COMMERCIAL PERSONAL 637,420 ** 637,420 637,420 L2. INDUSTRIAL PERSONAL 11,142,510 ** 11,142,510 11,142,510 M. MOBILE HOMES 20,260 ** 20,260 20,260 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 351,864,440 343,520,022 351,864,440 LESS TOTAL DEDUCTIONS 6,699,750 6,699,750 6,699,750 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 345,164,690 336,820,272 345,164,690 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 5,392,610 5,392,610 MKT VALUE NON-QUAL CAP VALUE LOSS 0 0 ACRES & FRM/RNCH IMPRV 10,048,580 .8161 12,312,927 OVER 65 FREZ LOSS 1,307,140 1,307,140 PROD VAL QUAL ACRES 8,308,700 .9662 8,599,066 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 6,699,750 6,699,750 TOTAL TAXABLE VALUE 18,357,280 20,911,993 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:35:58 2004 ISD SUMMARY WORKSHEET REPT: PTS265 216/Sterling VRSN: P 216-901/Sterling City 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 348,086,320 2,921,630 345,164,690 0 348,086,320 345,164,690 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 ****
