DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:39:20 2004 ISD SUMMARY WORKSHEET REPT: PTS265 241/Wharton VRSN: P 241-904/Wharton ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 183,517,560 .8554 214,540,051 183,517,560 B. MULTIFAMILY RESIDENCES 12,328,414 ** 12,328,414 12,328,414 C. VACANT LOTS 8,595,028 ** 8,595,028 8,595,028 D. RURAL REAL(TAXABLE) 51,094,336 1.0277 49,717,012 51,094,336 F1. COMMERCIAL REAL 54,822,592 .9567 57,303,849 54,822,592 F2. INDUSTRIAL REAL 30,431,710 ** 30,431,710 30,431,710 G. OIL,GAS,MINERALS 31,498,600 .9012 34,951,842 31,498,600 J. UTILITIES 32,346,580 .9381 34,480,951 32,346,580 L1. COMMERCIAL PERSONAL 23,394,111 ** 23,394,111 23,394,111 L2. INDUSTRIAL PERSONAL 90,183,200 ** 90,183,200 90,183,200 M. MOBILE HOMES 2,822,885 ** 2,822,885 2,822,885 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 192,630 ** 192,630 192,630 S. SPECIAL INVENTORY 1,926,950 ** 1,926,950 1,926,950 ___________________ ___________________ ___________________ SUBTOTAL 523,154,596 560,868,633 523,154,596 LESS TOTAL DEDUCTIONS 69,974,188 80,691,219 69,974,188 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 453,180,408 480,177,414 453,180,408 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 50,370,730 50,370,730 MKT VALUE NON-QUAL CAP VALUE LOSS 3,433,820 4,014,286 ACRES & FRM/RNCH IMPRV 27,059,006 .9572 28,268,916 OVER 65 FREZ LOSS 14,647,035 24,783,600 PROD VAL QUAL ACRES 24,035,330 1.1206 21,448,096 ALL OTHER 1,522,603 1,522,603 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 69,974,188 80,691,219 TOTAL TAXABLE VALUE 51,094,336 49,717,012 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:39:20 2004 ISD SUMMARY WORKSHEET REPT: PTS265 241/Wharton VRSN: P 241-904/Wharton 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 479,647,338 26,466,930 453,180,408 0 479,647,338 453,180,408 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 ****
