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 ****
