DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:37:38 2004 ISD SUMMARY WORKSHEET REPT: PTS265 228/Trinity VRSN: P 228-901/Groveton ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 49,071,767 .9525 51,518,915 49,071,767 B. MULTIFAMILY RESIDENCES 713,882 ** 713,882 713,882 C. VACANT LOTS 14,607,119 1.1862 12,314,213 14,607,119 D. RURAL REAL(TAXABLE) 67,549,462 1.1268 59,948,179 67,549,462 F1. COMMERCIAL REAL 4,631,045 ** 4,631,045 4,631,045 F2. INDUSTRIAL REAL 245,912 ** 245,912 245,912 G. OIL,GAS,MINERALS 509,740 ** 509,740 509,740 J. UTILITIES 13,792,391 1.0243 13,465,187 13,792,391 L1. COMMERCIAL PERSONAL 2,717,606 ** 2,717,606 2,717,606 L2. INDUSTRIAL PERSONAL 465,325 ** 465,325 465,325 M. MOBILE HOMES 203,407 ** 203,407 203,407 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 1,920,445 ** 1,920,445 1,920,445 S. SPECIAL INVENTORY 0 ** 0 0 ___________________ ___________________ ___________________ SUBTOTAL 156,428,101 148,653,856 156,428,101 LESS TOTAL DEDUCTIONS 28,684,066 29,773,172 28,684,066 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 127,744,035 118,880,684 127,744,035 T2 ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 24,557,431 24,557,431 MKT VALUE NON-QUAL CAP VALUE LOSS 1,291,738 1,356,155 ACRES & FRM/RNCH IMPRV 28,431,219 1.0551 26,946,469 OVER 65 FREZ LOSS 2,754,552 3,779,241 PROD VAL QUAL ACRES 39,118,243 1.1853 33,001,710 ALL OTHER 80,345 80,345 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 28,684,066 29,773,172 TOTAL TAXABLE VALUE 67,549,462 59,948,179 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:37:38 2004 ISD SUMMARY WORKSHEET REPT: PTS265 228/Trinity VRSN: P 228-901/Groveton 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 140,138,904 12,394,869 127,744,035 0 140,138,904 127,744,035 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 ****
