DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:38:00 2004 ISD SUMMARY WORKSHEET REPT: PTS265 230/Upshur VRSN: P 230-903/Ore City ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 42,728,606 .9091 47,000,997 42,728,606 B. MULTIFAMILY RESIDENCES 580,969 ** 580,969 580,969 C. VACANT LOTS 1,265,552 ** 1,265,552 1,265,552 D. RURAL REAL(TAXABLE) 33,293,636 1.0146 32,815,666 33,293,636 F1. COMMERCIAL REAL 6,035,197 .8516 7,086,892 6,035,197 F2. INDUSTRIAL REAL 579,398 ** 579,398 579,398 G. OIL,GAS,MINERALS 18,858,209 1.0766 17,516,449 18,858,209 J. UTILITIES 6,651,197 1.0024 6,635,272 6,651,197 L1. COMMERCIAL PERSONAL 4,958,973 ** 4,958,973 4,958,973 L2. INDUSTRIAL PERSONAL 4,667,173 ** 4,667,173 4,667,173 M. MOBILE HOMES 2,372,071 ** 2,372,071 2,372,071 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 111,499 ** 111,499 111,499 ___________________ ___________________ ___________________ SUBTOTAL 122,102,480 125,590,911 122,102,480 LESS TOTAL DEDUCTIONS 25,840,702 27,584,391 25,840,702 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 96,261,778 98,006,520 96,261,778 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 20,595,150 20,595,150 MKT VALUE NON-QUAL CAP VALUE LOSS 806,919 887,602 ACRES & FRM/RNCH IMPRV 28,903,197 .9681 29,855,590 OVER 65 FREZ LOSS 4,438,633 6,101,639 PROD VAL QUAL ACRES 4,390,439 1.4832 2,960,076 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 25,840,702 27,584,391 TOTAL TAXABLE VALUE 33,293,636 32,815,666 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:38:00 2004 ISD SUMMARY WORKSHEET REPT: PTS265 230/Upshur VRSN: P 230-903/Ore 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 107,029,340 10,767,562 96,261,778 0 107,029,340 96,261,778 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 ****
