DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:05:02 2004 ISD SUMMARY WORKSHEET REPT: PTS265 061/Denton VRSN: P 061-905/Krum ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 161,170,741 .9879 163,144,793 161,170,741 B. MULTIFAMILY RESIDENCES 909,962 ** 909,962 909,962 C. VACANT LOTS 8,990,048 ** 8,990,048 8,990,048 D. RURAL REAL(TAXABLE) 79,306,325 1.0460 75,815,639 79,306,325 F1. COMMERCIAL REAL 10,428,364 ** 10,428,364 10,428,364 F2. INDUSTRIAL REAL 0 ** 0 0 G. OIL,GAS,MINERALS 197,784,460 1.1424 173,130,655 197,784,460 J. UTILITIES 14,586,370 ** 14,586,370 14,586,370 L1. COMMERCIAL PERSONAL 8,460,264 ** 8,460,264 8,460,264 L2. INDUSTRIAL PERSONAL 2,102,805 ** 2,102,805 2,102,805 M. MOBILE HOMES 1,101,894 ** 1,101,894 1,101,894 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 891,577 ** 891,577 891,577 S. SPECIAL INVENTORY 16,124 ** 16,124 16,124 ___________________ ___________________ ___________________ SUBTOTAL 485,748,934 459,578,495 485,748,934 LESS TOTAL DEDUCTIONS 33,362,273 33,655,396 33,362,273 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 452,386,661 425,923,099 452,386,661 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 24,096,142 24,096,142 MKT VALUE NON-QUAL CAP VALUE LOSS 1,712,141 1,733,112 ACRES & FRM/RNCH IMPRV 73,799,446 1.0352 71,290,037 OVER 65 FREZ LOSS 7,277,267 7,549,419 PROD VAL QUAL ACRES 5,506,879 1.2168 4,525,602 ALL OTHER 276,723 276,723 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 33,362,273 33,655,396 TOTAL TAXABLE VALUE 79,306,325 75,815,639 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:05:02 2004 ISD SUMMARY WORKSHEET REPT: PTS265 061/Denton VRSN: P 061-905/Krum 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 466,551,762 14,165,101 452,386,661 0 466,551,762 452,386,661 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 LOCAL VALUE IS HIGHER THAN THE STATE VALUE **** END OF REPORT ****
