taxes Property Tax Assistance

2021 ISD Summary Worksheet

074-Fannin /Fannin County

074-911/Savoy ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 70,287,859 0.9413 74,671,050 70,287,859
B - MULTIFAMILY 1,555,880 N/A 1,555,880 1,555,880
C1 - VACANT LOTS 1,346,840 N/A 1,346,840 1,346,840
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,369,180 1.2040 1,967,786 2,369,180
D2 - FARM & RANCH IMP 2,851,551 N/A 2,851,551 2,851,551
E - NON-AG LAND AND IMPROVEMENTS 66,189,453 0.9782 67,664,540 66,189,453
F1 - COMMERCIAL REAL 8,219,580 N/A 8,219,580 8,219,580
F2 - INDUSTRIAL REAL 1,683,090 N/A 1,683,090 1,683,090
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 22,676,030 N/A 22,676,030 22,676,030
L1 - COMMERCIAL PERSONAL 1,459,380 N/A 1,459,380 1,459,380
L2 - INDUSTRIAL PERSONAL 16,637,640 N/A 16,637,640 16,637,640
M1 - MOBILE HOMES 1,888,820 N/A 1,888,820 1,888,820
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 202,700 N/A 202,700 202,700
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 197,368,003 0 202,824,887 197,368,003
Less Total Deductions 31,059,551 0 33,219,612 31,059,551
Total Taxable Value 166,308,452 0 169,605,275 166,308,452

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
170,746,494 166,308,452 170,746,494 166,308,452


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,438,042 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


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

Value Taxable For I & S Purposes

T7 T8 T9 T10
170,746,494 166,308,452 170,746,494 166,308,452

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction


T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

074-911-02/Savoy ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 70,287,859 0.9413 74,671,050 70,287,859
B - MULTIFAMILY 1,555,880 N/A 1,555,880 1,555,880
C1 - VACANT LOTS 1,346,840 N/A 1,346,840 1,346,840
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,369,180 1.2040 1,967,786 2,369,180
D2 - FARM & RANCH IMP 2,851,551 N/A 2,851,551 2,851,551
E - NON-AG LAND AND IMPROVEMENTS 66,189,453 0.9782 67,664,540 66,189,453
F1 - COMMERCIAL REAL 8,219,580 N/A 8,219,580 8,219,580
F2 - INDUSTRIAL REAL 1,683,090 N/A 1,683,090 1,683,090
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 22,676,030 N/A 22,676,030 22,676,030
L1 - COMMERCIAL PERSONAL 1,459,380 N/A 1,459,380 1,459,380
L2 - INDUSTRIAL PERSONAL 16,637,640 N/A 16,637,640 16,637,640
M1 - MOBILE HOMES 1,888,820 N/A 1,888,820 1,888,820
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 202,700 N/A 202,700 202,700
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 197,368,003 202,824,887 197,368,003
Less Total Deductions 31,059,551 33,219,612 31,059,551
Total Taxable Value 166,308,452 169,605,275 166,308,452

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
170,746,494 166,308,452 170,746,494 166,308,452


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,438,042 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction


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

Value Taxable For I & S Purposes

T7 T8 T9 T10
170,746,494 166,308,452 170,746,494 166,308,452

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption