DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:26:13 2004 ISD SUMMARY WORKSHEET REPT: PTS265 091/Grayson VRSN: W 091-918/Tom Bean ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 81,607,553 .9566 85,310,007 81,607,553 B. MULTIFAMILY RESIDENCES 600,962 ** 600,962 600,962 C. VACANT LOTS 2,355,271 ** 2,355,271 2,355,271 D. RURAL REAL(TAXABLE) 30,503,596 .9368 32,560,824 30,503,596 F1. COMMERCIAL REAL 2,791,867 ** 2,791,867 2,791,867 F2. INDUSTRIAL REAL 305,301 ** 305,301 305,301 G. OIL,GAS,MINERALS 0 ** 0 0 J. UTILITIES 3,646,440 ** 3,646,440 3,646,440 L1. COMMERCIAL PERSONAL 3,431,956 ** 3,431,956 3,431,956 L2. INDUSTRIAL PERSONAL 1,050,296 ** 1,050,296 1,050,296 M. MOBILE HOMES 3,161,844 ** 3,161,844 3,161,844 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 280,297 ** 280,297 280,297 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 129,735,383 135,495,065 129,735,383 LESS TOTAL DEDUCTIONS 25,079,511 26,079,031 25,079,511 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 104,655,872 109,416,034 104,655,872 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 18,595,220 18,595,220 MKT VALUE NON-QUAL CAP VALUE LOSS 3,024,835 3,162,069 ACRES & FRM/RNCH IMPRV 26,568,759 .9044 29,377,221 OVER 65 FREZ LOSS 3,451,891 4,314,177 PROD VAL QUAL ACRES 3,934,837 1.2360 3,183,603 ALL OTHER 7,565 7,565 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 25,079,511 26,079,031 TOTAL TAXABLE VALUE 30,503,596 32,560,824 DATE: 06/22/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:26:13 2004 FINAL VALUES WORKSHEET REPT: PTS265 091/Grayson VRSN: W 091-918/Tom Bean 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 114,927,855 10,271,983 104,655,872 0 114,927,855 104,655,872 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 ****
