DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 10:58:00 2004 ISD SUMMARY WORKSHEET REPT: PTS265 012/Baylor VRSN: P 012-901/Seymour ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 46,812,947 .8522 54,931,879 46,812,947 B. MULTIFAMILY RESIDENCES 0 ** 0 0 C. VACANT LOTS 531,720 ** 531,720 531,720 D. RURAL REAL(TAXABLE) 52,024,700 .9361 55,577,107 52,024,700 F1. COMMERCIAL REAL 8,619,160 .9162 9,407,509 8,619,160 F2. INDUSTRIAL REAL 334,690 ** 334,690 334,690 G. OIL,GAS,MINERALS 4,091,100 1.0000 4,091,100 4,091,100 J. UTILITIES 14,410,690 1.0278 14,020,909 14,410,690 L1. COMMERCIAL PERSONAL 6,097,150 ** 6,097,150 6,097,150 L2. INDUSTRIAL PERSONAL 598,690 ** 598,690 598,690 M. MOBILE HOMES 205,250 ** 205,250 205,250 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 133,726,097 145,796,004 133,726,097 LESS TOTAL DEDUCTIONS 24,191,121 27,265,188 24,191,121 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 109,534,976 118,530,816 109,534,976 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 21,508,980 21,508,980 MKT VALUE NON-QUAL CAP VALUE LOSS 0 0 ACRES & FRM/RNCH IMPRV 15,274,110 1.0133 15,073,631 OVER 65 FREZ LOSS 2,682,141 5,756,208 PROD VAL QUAL ACRES 36,750,590 .9073 40,503,476 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 24,191,121 27,265,188 TOTAL TAXABLE VALUE 52,024,700 55,577,107 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 10:58:00 2004 ISD SUMMARY WORKSHEET REPT: PTS265 012/Baylor VRSN: P 012-901/Seymour 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 120,684,576 11,149,600 109,534,976 0 120,684,576 109,534,976 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 ****
