Skip to content
Quick Start for:

DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 11:03:39                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              050/Coryell                                           VRSN: P

                                                        050-902/Gatesville ISD

____________________________________________________________________________________________________________________________________

                                        LOCAL TAX             2004 WTD                     2004 PTD                2004 VALUE
CATEGORY                               ROLL VALUE           MEAN RATIO               VALUE ESTIMATE                  ASSIGNED
________                      ___________________           __________          ___________________             _____________

A.  SINGLE-FAMILY RESIDENCES          168,385,986                .9518                  176,913,202               168,385,986
B.  MULTIFAMILY RESIDENCES              6,641,810                   **                    6,641,810                 6,641,810
C.  VACANT LOTS                         6,839,290                   **                    6,839,290                 6,839,290
D.  RURAL REAL(TAXABLE)               117,196,671                .8867                  132,174,247               117,196,671
F1. COMMERCIAL REAL                    33,412,770                .7829                   42,678,209                33,412,770
F2. INDUSTRIAL REAL                     4,130,920                   **                    4,130,920                 4,130,920
G.  OIL,GAS,MINERALS                       11,960                   **                       11,960                    11,960
J.  UTILITIES                          24,520,650                .9920                   24,718,397                24,520,650
L1. COMMERCIAL PERSONAL                22,576,720                .9588                   23,546,850                22,576,720
L2. INDUSTRIAL PERSONAL                 4,421,090                   **                    4,421,090                 4,421,090
M.  MOBILE HOMES                        4,162,070                   **                    4,162,070                 4,162,070
N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0
O.  RESIDENTIAL INVENTORY                       0                   **                            0                         0
S.  SPECIAL INVENTORY                   3,290,120                   **                    3,290,120                 3,290,120
                              ___________________                               ___________________       ___________________

SUBTOTAL                              395,590,057                                       429,528,165               395,590,057

LESS TOTAL DEDUCTIONS                  82,704,649                                        85,751,618                82,704,649
                              ___________________                               ___________________       ___________________

TOTAL TAXABLE VALUE                   312,885,408                                       343,776,547               312,885,408 T2*
                                                                                 * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD.
____________________________________________________________________________________________________________________________________

                   LOCAL REPORTED       PTD ESTIMATE                                 LOCAL TAX ROLL          RATIO         PTD VALUE
                   ______________       ____________                                 ______________                      ___________

HOMESTEAD & VETS       65,829,523         65,829,523    MKT VALUE NON-QUAL

CAP VALUE LOSS          1,737,107          1,825,076    ACRES & FRM/RNCH IMPRV           96,267,425          .8479       113,536,296

OVER 65 FREZ LOSS      15,083,600         18,042,600    PROD VAL QUAL ACRES              20,929,246         1.1229        18,637,951

ALL OTHER                  54,419             54,419
                  _______________    _______________                                _______________                  _______________

TOTAL DEDUCTIONS       82,704,649         85,751,618    TOTAL TAXABLE VALUE             117,196,671                      132,174,247

DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 002
TIME: 11:03:39                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              050/Coryell                                           VRSN: P
                                                        050-902/Gatesville 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
___________________  ___________________  ___________________  ____________________   ____________________    ___________________

      347,276,480             34,391,072       312,885,408                       0          347,276,480            312,885,408

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 ****