DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:37:56 2004 ISD SUMMARY WORKSHEET REPT: PTS265 230/Upshur VRSN: P 230-901/Big Sandy ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 37,389,652 .9267 40,347,094 37,389,652 B. MULTIFAMILY RESIDENCES 2,350,743 ** 2,350,743 2,350,743 C. VACANT LOTS 324,740 ** 324,740 324,740 D. RURAL REAL(TAXABLE) 42,780,169 .9698 44,114,290 42,780,169 F1. COMMERCIAL REAL 9,950,254 .8345 11,923,612 9,950,254 F2. INDUSTRIAL REAL 73,192 ** 73,192 73,192 G. OIL,GAS,MINERALS 7,747,028 1.0096 7,673,364 7,747,028 J. UTILITIES 13,453,317 1.0014 13,434,509 13,453,317 L1. COMMERCIAL PERSONAL 8,657,961 .9589 9,029,055 8,657,961 L2. INDUSTRIAL PERSONAL 4,077,390 ** 4,077,390 4,077,390 M. MOBILE HOMES 4,127,024 ** 4,127,024 4,127,024 N. INTANGIBLE PERS/UNCERT 0 ** 0 0 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 304,543 ** 304,543 304,543 ___________________ ___________________ ___________________ SUBTOTAL 131,236,013 137,779,556 131,236,013 LESS TOTAL DEDUCTIONS 23,701,275 25,026,549 23,701,275 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 107,534,738 112,753,007 107,534,738 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 17,018,924 17,018,924 MKT VALUE NON-QUAL CAP VALUE LOSS 522,659 564,000 ACRES & FRM/RNCH IMPRV 37,179,984 .9404 39,536,350 OVER 65 FREZ LOSS 6,159,692 7,443,625 PROD VAL QUAL ACRES 5,600,185 1.2233 4,577,940 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 23,701,275 25,026,549 TOTAL TAXABLE VALUE 42,780,169 44,114,290 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:37:56 2004 ISD SUMMARY WORKSHEET REPT: PTS265 230/Upshur VRSN: P 230-901/Big Sandy 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 116,526,127 8,991,389 107,534,738 0 116,526,127 107,534,738 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 ****
