DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:25:47 2004 ISD SUMMARY WORKSHEET REPT: PTS265 090/Gray VRSN: W 090-905/Grandview-Hopkins IS ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 0 ** 0 0 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 0 ** 0 0 D. RURAL REAL(TAXABLE) 9,745,325 .8531 11,423,241 9,745,325 F1. COMMERCIAL REAL 21,900 ** 21,900 21,900 F2. INDUSTRIAL REAL 24,510 ** 24,510 24,510 G. OIL,GAS,MINERALS 62,590,790 1.0682 58,594,636 62,590,790 J. UTILITIES 11,608,238 1.0496 11,059,678 11,608,238 L1. COMMERCIAL PERSONAL 404,230 ** 404,230 404,230 L2. INDUSTRIAL PERSONAL 0 ** 0 0 M. MOBILE HOMES 36,110 ** 36,110 36,110 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 84,431,103 81,564,305 84,431,103 LESS TOTAL DEDUCTIONS 486,230 486,230 486,230 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 83,944,873 81,078,075 83,944,873 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 451,230 451,230 MKT VALUE NON-QUAL CAP VALUE LOSS 0 0 ACRES & FRM/RNCH IMPRV 3,021,685 .7962 3,795,133 OVER 65 FREZ LOSS 35,000 35,000 PROD VAL QUAL ACRES 6,723,640 .8814 7,628,108 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 486,230 486,230 TOTAL TAXABLE VALUE 9,745,325 11,423,241 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:25:47 2004 FINAL VALUES WORKSHEET REPT: PTS265 090/Gray VRSN: W 090-905/Grandview-Hopkins IS ____________________________________________________________________________________________________________________________________ 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 84,185,023 240,150 83,944,873 0 84,185,023 83,944,873 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 ****
