DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:36:52 2004 ISD SUMMARY WORKSHEET REPT: PTS265 222/Terrell VRSN: P 222-901/Terrell County ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 10,719,210 ** 10,719,210 10,719,210 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 370,457 ** 370,457 370,457 D. RURAL REAL(TAXABLE) 20,227,887 .8090 25,002,978 20,227,887 F1. COMMERCIAL REAL 1,718,858 ** 1,718,858 1,718,858 F2. INDUSTRIAL REAL 5,906 ** 5,906 5,906 G. OIL,GAS,MINERALS 339,406,590 .9372 362,149,584 339,406,590 J. UTILITIES 42,409,323 .9833 43,129,587 42,409,323 L1. COMMERCIAL PERSONAL 867,094 ** 867,094 867,094 L2. INDUSTRIAL PERSONAL 22,427,470 ** 22,427,470 22,427,470 M. MOBILE HOMES 193,712 ** 193,712 193,712 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 31,292 ** 31,292 31,292 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 438,377,799 466,616,148 438,377,799 LESS TOTAL DEDUCTIONS 5,434,893 5,434,893 5,434,893 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 432,942,906 461,181,255 432,942,906 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 4,923,079 4,923,079 MKT VALUE NON-QUAL CAP VALUE LOSS 4,906 4,906 ACRES & FRM/RNCH IMPRV 7,170,368 .9174 7,815,967 OVER 65 FREZ LOSS 506,908 506,908 PROD VAL QUAL ACRES 13,057,519 .7597 17,187,011 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 5,434,893 5,434,893 TOTAL TAXABLE VALUE 20,227,887 25,002,978 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:36:52 2004 ISD SUMMARY WORKSHEET REPT: PTS265 222/Terrell VRSN: P 222-901/Terrell County 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 435,559,513 2,616,607 432,942,906 538,276 435,021,237 432,404,630 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 ****
