DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:38:26 2004 ISD SUMMARY WORKSHEET REPT: PTS265 234/Van Zandt VRSN: P 234-902/Canton ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 189,744,248 .9452 200,745,078 189,744,248 B. MULTIFAMILY RESIDENCES 3,501,780 ** 3,501,780 3,501,780 C. VACANT LOTS 4,774,420 ** 4,774,420 4,774,420 D. RURAL REAL(TAXABLE) 148,454,920 .9743 152,374,429 148,454,920 F1. COMMERCIAL REAL 85,078,790 .9164 92,840,234 85,078,790 F2. INDUSTRIAL REAL 482,970 ** 482,970 482,970 G. OIL,GAS,MINERALS 1,578,210 ** 1,578,210 1,578,210 J. UTILITIES 23,865,650 ** 23,865,650 23,865,650 L1. COMMERCIAL PERSONAL 29,115,400 .9631 30,230,921 29,115,400 L2. INDUSTRIAL PERSONAL 10,829,860 ** 10,829,860 10,829,860 M. MOBILE HOMES 7,932,330 ** 7,932,330 7,932,330 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 575,520 ** 575,520 575,520 S. SPECIAL INVENTORY 3,671,070 ** 3,671,070 3,671,070 ___________________ ___________________ ___________________ SUBTOTAL 509,605,168 533,402,472 509,605,168 LESS TOTAL DEDUCTIONS 94,977,278 100,133,199 94,977,278 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 414,627,890 433,269,273 414,627,890 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 55,883,281 55,883,281 MKT VALUE NON-QUAL CAP VALUE LOSS 2,816,484 2,979,776 ACRES & FRM/RNCH IMPRV 138,977,980 .9506 146,200,274 OVER 65 FREZ LOSS 36,216,043 41,208,672 PROD VAL QUAL ACRES 9,476,940 1.5349 6,174,155 ALL OTHER 61,470 61,470 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 94,977,278 100,133,199 TOTAL TAXABLE VALUE 148,454,920 152,374,429 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:38:26 2004 ISD SUMMARY WORKSHEET REPT: PTS265 234/Van Zandt VRSN: P 234-902/Canton 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 442,847,017 28,219,127 414,627,890 0 442,847,017 414,627,890 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 ****
