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DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 11:30:15                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              175/Navarro                                           VRSN: P

                                                        175-903/Corsicana ISD

____________________________________________________________________________________________________________________________________

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

A.  SINGLE-FAMILY RESIDENCES          389,322,130                .9433                  412,723,556               389,322,130
B.  MULTIFAMILY RESIDENCES             17,019,890                   **                   17,019,890                17,019,890
C.  VACANT LOTS                        12,094,301                   **                   12,094,301                12,094,301
D.  RURAL REAL(TAXABLE)                89,939,535                .6757                  133,109,122                89,939,535
F1. COMMERCIAL REAL                   144,492,289                .8714                  165,816,260               144,492,289
F2. INDUSTRIAL REAL                    41,661,450                   **                   41,661,450                41,661,450
G.  OIL,GAS,MINERALS                      515,400                   **                      515,400                   515,400
J.  UTILITIES                          64,844,790                .9415                   68,873,914                64,844,790
L1. COMMERCIAL PERSONAL                89,321,320                .8359                  106,856,466                89,321,320
L2. INDUSTRIAL PERSONAL               174,709,769                   **                  174,709,769               174,709,769
M.  MOBILE HOMES                       10,524,475                   **                   10,524,475                10,524,475
N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0
O.  RESIDENTIAL INVENTORY               1,277,575                   **                    1,277,575                 1,277,575
S.  SPECIAL INVENTORY                   7,176,943                   **                    7,176,943                 7,176,943
                              ___________________                               ___________________       ___________________

SUBTOTAL                            1,042,899,867                                     1,152,359,121             1,042,899,867

LESS TOTAL DEDUCTIONS                 132,295,842                                       139,432,060               132,295,842
                              ___________________                               ___________________       ___________________

TOTAL TAXABLE VALUE                   910,604,025                                     1,012,927,061               910,604,025 T2*
                                                                                 * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD.
____________________________________________________________________________________________________________________________________

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

HOMESTEAD & VETS      101,916,132        101,916,132    MKT VALUE NON-QUAL

CAP VALUE LOSS          1,110,615          1,177,372    ACRES & FRM/RNCH IMPRV           79,994,385          .6442       124,176,319

OVER 65 FREZ LOSS      27,114,583         34,184,044    PROD VAL QUAL ACRES               9,945,150         1.1133         8,932,803

ALL OTHER               2,154,512          2,154,512
                  _______________    _______________                                _______________                  _______________

TOTAL DEDUCTIONS      132,295,842        139,432,060    TOTAL TAXABLE VALUE              89,939,535                      133,109,122

DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 002
TIME: 11:30:15                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              175/Navarro                                           VRSN: P
                                                        175-903/Corsicana 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
___________________  ___________________  ___________________  ____________________   ____________________    ___________________

      963,825,791             53,221,766       910,604,025                       0          963,825,791            910,604,025

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 ****