DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:36:24 2004 ISD SUMMARY WORKSHEET REPT: PTS265 220/Tarrant VRSN: P 220-910/Lake Worth ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 235,812,505 1.0211 230,939,678 235,812,505 B. MULTIFAMILY RESIDENCES 56,806,359 .9085 62,527,638 56,806,359 C. VACANT LOTS 25,006,282 ** 25,006,282 25,006,282 D. RURAL REAL(TAXABLE) 24,931,999 1.0001 24,930,118 24,931,999 F1. COMMERCIAL REAL 127,419,711 .9002 141,546,002 127,419,711 F2. INDUSTRIAL REAL 4,400,562 ** 4,400,562 4,400,562 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 11,705,571 ** 11,705,571 11,705,571 L1. COMMERCIAL PERSONAL 54,656,267 1.0629 51,421,834 54,656,267 L2. INDUSTRIAL PERSONAL 8,566,659 ** 8,566,659 8,566,659 M. MOBILE HOMES 475,792 ** 475,792 475,792 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 3,750,504 ** 3,750,504 3,750,504 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 553,532,211 565,270,640 553,532,211 LESS TOTAL DEDUCTIONS 71,305,231 70,332,231 71,305,231 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 482,226,980 494,938,409 482,226,980 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 37,782,921 37,782,921 MKT VALUE NON-QUAL CAP VALUE LOSS 13,574,954 13,294,441 ACRES & FRM/RNCH IMPRV 24,913,056 ** 24,913,056 OVER 65 FREZ LOSS 19,346,957 18,654,470 PROD VAL QUAL ACRES 18,943 1.1102 17,062 ALL OTHER 600,399 600,399 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 71,305,231 70,332,231 TOTAL TAXABLE VALUE 24,931,999 24,930,118 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:36:24 2004 ISD SUMMARY WORKSHEET REPT: PTS265 220/Tarrant VRSN: P 220-910/Lake Worth 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 502,983,483 20,756,503 482,226,980 0 502,983,483 482,226,980 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 ****
