DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:25:51 2004 ISD SUMMARY WORKSHEET REPT: PTS265 091/Grayson VRSN: W 091-902/Collinsville ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 54,365,247 .9663 56,261,251 54,365,247 B. MULTIFAMILY RESIDENCES 1,911,369 ** 1,911,369 1,911,369 C. VACANT LOTS 1,255,166 ** 1,255,166 1,255,166 D. RURAL REAL(TAXABLE) 23,117,004 .8879 26,036,282 23,117,004 F1. COMMERCIAL REAL 3,086,952 ** 3,086,952 3,086,952 F2. INDUSTRIAL REAL 0 ** 0 0 G. OIL,GAS,MINERALS 1,784,185 ** 1,784,185 1,784,185 J. UTILITIES 3,858,440 ** 3,858,440 3,858,440 L1. COMMERCIAL PERSONAL 2,872,705 ** 2,872,705 2,872,705 L2. INDUSTRIAL PERSONAL 4,125,448 ** 4,125,448 4,125,448 M. MOBILE HOMES 728,125 ** 728,125 728,125 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 530,516 ** 530,516 530,516 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 97,635,157 102,450,439 97,635,157 LESS TOTAL DEDUCTIONS 17,072,916 17,617,667 17,072,916 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 80,562,241 84,832,772 80,562,241 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 11,892,517 11,892,517 MKT VALUE NON-QUAL CAP VALUE LOSS 2,115,764 2,189,552 ACRES & FRM/RNCH IMPRV 19,073,359 .8419 22,655,136 OVER 65 FREZ LOSS 3,047,141 3,518,104 PROD VAL QUAL ACRES 4,043,645 1.1959 3,381,146 ALL OTHER 17,494 17,494 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 17,072,916 17,617,667 TOTAL TAXABLE VALUE 23,117,004 26,036,282 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:25:51 2004 FINAL VALUES WORKSHEET REPT: PTS265 091/Grayson VRSN: W 091-902/Collinsville 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 86,978,786 6,416,545 80,562,241 0 86,978,786 80,562,241 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 ****
