taxes Property Tax Assistance

2018 ISD Summary Worksheet

074-Fannin

074-907/Honey Grove ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 73,115,397 N/A 73,115,397 73,115,397
B. MULTIFAMILY RESIDENCES 1,255,646 N/A 1,255,646 1,255,646
C1. VACANT LOTS 2,033,059 N/A 2,033,059 2,033,059
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,611,048 N/A 15,611,048 15,611,048
D2. REAL PROP:FARM & RANCH 6,696,048 N/A 6,696,048 6,696,048
E. REAL PROP NONQUAL ACREAGE 67,816,983 N/A 67,816,983 67,816,983
F1. COMMERCIAL REAL 9,780,248 N/A 9,780,248 9,780,248
F2. INDUSTRIAL REAL 2,116,566 N/A 2,116,566 2,116,566
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 37,795,840 N/A 37,795,840 37,795,840
L1. COMMERCIAL PERSONAL 3,708,840 N/A 3,708,840 3,708,840
L2. INDUSTRIAL PERSONAL 4,487,640 N/A 4,487,640 4,487,640
M. MOBILE HOMES 295,070 N/A 295,070 295,070
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 41,790 N/A 41,790 41,790
Subtotal 224,754,175 0 224,754,175 224,754,175
Less Total Deductions 42,237,739 0 42,237,739 42,237,739
Total Taxable Value 182,516,436 0 182,516,436 182,516,436

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
190,471,882 182,516,436 190,471,882 182,516,436


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,955,446 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
190,471,882 182,516,436 190,471,882 182,516,436

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

139-Lamar

074-907/Honey Grove ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 13,910 N/A 13,910 13,910
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 5,600 N/A 5,600 5,600
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 369,710 N/A 369,710 369,710
D2. REAL PROP:FARM & RANCH 166,410 N/A 166,410 166,410
E. REAL PROP NONQUAL ACREAGE 1,563,790 N/A 1,563,790 1,563,790
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 4,748,700 N/A 4,748,700 4,748,700
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 0 N/A 0 0
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 6,868,120 0 6,868,120 6,868,120
Less Total Deductions 390,377 0 390,377 390,377
Total Taxable Value 6,477,743 0 6,477,743 6,477,743

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
6,555,293 6,477,743 6,555,293 6,477,743


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
77,550 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
6,555,293 6,477,743 6,555,293 6,477,743

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

074-907-02/Honey Grove ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 73,129,307 N/A 73,129,307 73,129,307
B. MULTIFAMILY RESIDENCES 1,255,646 N/A 1,255,646 1,255,646
C1. VACANT LOTS 2,038,659 N/A 2,038,659 2,038,659
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,980,758 N/A 15,980,758 15,980,758
D2. REAL PROP:FARM & RANCH 6,862,458 N/A 6,862,458 6,862,458
E. REAL PROP NONQUAL ACREAGE 69,380,773 N/A 69,380,773 69,380,773
F1. COMMERCIAL REAL 9,780,248 N/A 9,780,248 9,780,248
F2. INDUSTRIAL REAL 2,116,566 N/A 2,116,566 2,116,566
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 42,544,540 N/A 42,544,540 42,544,540
L1. COMMERCIAL PERSONAL 3,708,840 N/A 3,708,840 3,708,840
L2. INDUSTRIAL PERSONAL 4,487,640 N/A 4,487,640 4,487,640
M. MOBILE HOMES 295,070 N/A 295,070 295,070
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 41,790 N/A 41,790 41,790
Subtotal 231,622,295 231,622,295 231,622,295
Less Total Deductions 42,628,116 42,628,116 42,628,116
Total Taxable Value 188,994,179 188,994,179 188,994,179

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
197,027,175 188,994,179 197,027,175 188,994,179


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,032,996 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
197,027,175 188,994,179 197,027,175 188,994,179

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