DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 001 TIME: 11:38:04 2004 ISD SUMMARY WORKSHEET REPT: PTS265 230/Upshur VRSN: P 230-905/Harmony ISD ____________________________________________________________________________________________________________________________________ LOCAL TAX 2004 WTD 2004 PTD 2004 VALUE CATEGORY ROLL VALUE MEAN RATIO VALUE ESTIMATE ASSIGNED ________ ___________________ __________ ___________________ _____________ A. SINGLE-FAMILY RESIDENCES 169,331,043 .9469 178,826,743 169,331,043 B. MULTIFAMILY RESIDENCES 5,144,180 ** 5,144,180 5,144,180 C. VACANT LOTS 7,946,388 ** 7,946,388 7,946,388 D. RURAL REAL(TAXABLE) 65,300,498 .7287 89,616,351 65,300,498 F1. COMMERCIAL REAL 2,414,816 ** 2,414,816 2,414,816 F2. INDUSTRIAL REAL 0 ** 0 0 G. OIL,GAS,MINERALS 61,046,340 1.0120 60,322,470 61,046,340 J. UTILITIES 7,536,393 ** 7,536,393 7,536,393 L1. COMMERCIAL PERSONAL 4,705,247 ** 4,705,247 4,705,247 L2. INDUSTRIAL PERSONAL 469,720 ** 469,720 469,720 M. MOBILE HOMES 2,312,330 ** 2,312,330 2,312,330 N. INTANGIBLE PERS/UNCERT 2,500 ** 2,500 2,500 O. RESIDENTIAL INVENTORY 0 ** 0 0 S. SPECIAL INVENTORY 26,727 ** 26,727 26,727 ___________________ ___________________ ___________________ SUBTOTAL 326,236,182 359,323,865 326,236,182 LESS TOTAL DEDUCTIONS 58,179,649 62,145,206 58,179,649 ___________________ ___________________ ___________________ TOTAL TAXABLE VALUE 268,056,533 297,178,659 268,056,533 T2* * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD. ____________________________________________________________________________________________________________________________________ LOCAL REPORTED PTD ESTIMATE LOCAL TAX ROLL RATIO PTD VALUE ______________ ____________ ______________ ___________ HOMESTEAD & VETS 34,926,437 34,926,437 MKT VALUE NON-QUAL CAP VALUE LOSS 2,768,579 2,923,835 ACRES & FRM/RNCH IMPRV 57,309,398 .6840 83,785,670 OVER 65 FREZ LOSS 20,484,633 24,294,934 PROD VAL QUAL ACRES 7,991,100 1.3705 5,830,681 ALL OTHER 0 0 _______________ _______________ _______________ _______________ TOTAL DEDUCTIONS 58,179,649 62,145,206 TOTAL TAXABLE VALUE 65,300,498 89,616,351 DATE: 02/10/2005 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 002 TIME: 11:38:04 2004 ISD SUMMARY WORKSHEET REPT: PTS265 230/Upshur VRSN: P 230-905/Harmony 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 ___________________ ___________________ ___________________ ____________________ ____________________ ___________________ 285,579,810 17,523,277 268,056,533 0 285,579,810 268,056,533 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 ****
