DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:36:28 2004 ISD SUMMARY WORKSHEET REPT: PTS265 220/Tarrant VRSN: P 220-914/Kennedale ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 622,939,635 1.0156 613,371,047 622,939,635 B. MULTIFAMILY RESIDENCES 39,917,845 .9815 40,670,245 39,917,845 C. VACANT LOTS 11,397,906 ** 11,397,906 11,397,906 D. RURAL REAL(TAXABLE) 17,293,067 1.0009 17,278,207 17,293,067 F1. COMMERCIAL REAL 54,546,181 .9292 58,702,304 54,546,181 F2. INDUSTRIAL REAL 11,990,535 ** 11,990,535 11,990,535 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 23,991,083 ** 23,991,083 23,991,083 L1. COMMERCIAL PERSONAL 29,776,298 ** 29,776,298 29,776,298 L2. INDUSTRIAL PERSONAL 30,920,767 ** 30,920,767 30,920,767 M. MOBILE HOMES 3,374,471 ** 3,374,471 3,374,471 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 8,480,485 ** 8,480,485 8,480,485 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 854,628,273 849,953,348 854,628,273 LESS TOTAL DEDUCTIONS 97,938,231 96,988,927 97,938,231 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 756,690,042 752,964,421 756,690,042 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 68,806,391 68,806,391 MKT VALUE NON-QUAL CAP VALUE LOSS 3,232,465 3,182,813 ACRES & FRM/RNCH IMPRV 17,214,087 ** 17,214,087 OVER 65 FREZ LOSS 25,899,375 24,999,723 PROD VAL QUAL ACRES 78,980 1.2318 64,120 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 97,938,231 96,988,927 TOTAL TAXABLE VALUE 17,293,067 17,278,207 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:36:28 2004 ISD SUMMARY WORKSHEET REPT: PTS265 220/Tarrant VRSN: P 220-914/Kennedale 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 797,406,442 40,716,400 756,690,042 0 797,406,442 756,690,042 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 ****
