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 ****
