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DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 11:37:58                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              230/Upshur                                            VRSN: P

                                                        230-902/Gilmer ISD

____________________________________________________________________________________________________________________________________

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

A.  SINGLE-FAMILY RESIDENCES          192,992,459                .9540                  202,298,175               192,992,459
B.  MULTIFAMILY RESIDENCES              4,060,245                   **                    4,060,245                 4,060,245
C.  VACANT LOTS                         3,801,234                   **                    3,801,234                 3,801,234
D.  RURAL REAL(TAXABLE)               149,215,463                .9326                  159,995,683               149,215,463
F1. COMMERCIAL REAL                    44,647,593                .7227                   61,778,875                44,647,593
F2. INDUSTRIAL REAL                    14,932,772                   **                   14,932,772                14,932,772
G.  OIL,GAS,MINERALS                  208,928,016               1.0091                  207,043,916               208,928,016
J.  UTILITIES                          29,107,356                   **                   29,107,356                29,107,356
L1. COMMERCIAL PERSONAL                26,708,617                   **                   26,708,617                26,708,617
L2. INDUSTRIAL PERSONAL                20,276,360                   **                   20,276,360                20,276,360
M.  MOBILE HOMES                        9,504,034                   **                    9,504,034                 9,504,034
N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0
O.  RESIDENTIAL INVENTORY                       0                   **                            0                         0
S.  SPECIAL INVENTORY                     473,159                   **                      473,159                   473,159
                              ___________________                               ___________________       ___________________

SUBTOTAL                              704,647,308                                       739,980,426               704,647,308

LESS TOTAL DEDUCTIONS                 118,252,924                                       122,247,737               118,252,924
                              ___________________                               ___________________       ___________________

TOTAL TAXABLE VALUE                   586,394,384                                       617,732,689               586,394,384 T2*
                                                                                 * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD.
____________________________________________________________________________________________________________________________________

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

HOMESTEAD & VETS       74,403,718         74,403,718    MKT VALUE NON-QUAL

CAP VALUE LOSS          2,041,752          2,140,201    ACRES & FRM/RNCH IMPRV          134,214,234          .9027       148,680,884

OVER 65 FREZ LOSS      30,293,936         34,190,300    PROD VAL QUAL ACRES              15,001,229         1.3258        11,314,799

ALL OTHER              11,513,518         11,513,518
                  _______________    _______________                                _______________                  _______________

TOTAL DEDUCTIONS      118,252,924        122,247,737    TOTAL TAXABLE VALUE             149,215,463                      159,995,683

DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 002
TIME: 11:37:58                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              230/Upshur                                            VRSN: P
                                                        230-902/Gilmer 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
___________________  ___________________  ___________________  ____________________   ____________________    ___________________

      625,601,212             39,206,828       586,394,384                       0          625,601,212            586,394,384

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 ****