taxes Property Tax Assistance

2019 ISD Summary Worksheet

074-Fannin

074-907/Honey Grove ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 81,310,496 0.9566 84,999,473 81,310,496
B. MULTIFAMILY RESIDENCES 1,292,706 N/A 1,292,706 1,292,706
C1. VACANT LOTS 2,169,333 N/A 2,169,333 2,169,333
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 9,943,530 0.8085 12,298,004 9,943,530
D2. REAL PROP:FARM & RANCH 6,359,586 N/A 6,359,586 6,359,586
E. REAL PROP NONQUAL ACREAGE 76,139,326 0.9789 77,780,494 76,139,326
F1. COMMERCIAL REAL 9,725,456 N/A 9,725,456 9,725,456
F2. INDUSTRIAL REAL 2,206,956 N/A 2,206,956 2,206,956
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 38,382,310 0.9187 41,778,938 38,382,310
L1. COMMERCIAL PERSONAL 21,051,880 N/A 21,051,880 21,051,880
L2. INDUSTRIAL PERSONAL 9,199,170 N/A 9,199,170 9,199,170
M. MOBILE HOMES 505,130 N/A 505,130 505,130
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 41,390 N/A 41,390 41,390
Subtotal 258,327,269 0 269,408,516 258,327,269
Less Total Deductions 49,818,277 0 52,195,217 49,818,277
Total Taxable Value 208,508,992 0 217,213,299 208,508,992

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
216,300,799 208,508,992 216,300,799 208,508,992


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,791,807 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
216,300,799 208,508,992 216,300,799 208,508,992

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 13,500 N/A 13,500 13,500
C1. VACANT LOTS 5,600 N/A 5,600 5,600
D1. QUALIFIED AG LAND 368,100 N/A 368,100 368,100
D2. REAL PROP:FARM & RANCH 171,120 N/A 171,120 171,120
E. REAL PROP NONQUAL ACREAGE 1,636,760 N/A 1,636,760 1,636,760
J. UTILITIES 4,933,000 N/A 4,933,000 4,933,000
Subtotal 7,128,080 0 7,128,080 7,128,080
Less Total Deductions 375,811 0 375,811 375,811
Total Taxable Value 6,752,269 0 6,752,269 6,752,269

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
6,830,719 6,752,269 6,830,719 6,752,269


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
78,450 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
6,830,719 6,752,269 6,830,719 6,752,269

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 81,323,996 0.9566 85,012,973 81,323,996
B. MULTIFAMILY RESIDENCES 1,292,706 N/A 1,292,706 1,292,706
C1. VACANT LOTS 2,174,933 N/A 2,174,933 2,174,933
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 10,311,630 0.8141 12,666,104 10,311,630
D2. REAL PROP:FARM & RANCH 6,530,706 N/A 6,530,706 6,530,706
E. REAL PROP NONQUAL ACREAGE 77,776,086 0.9793 79,417,254 77,776,086
F1. COMMERCIAL REAL 9,725,456 N/A 9,725,456 9,725,456
F2. INDUSTRIAL REAL 2,206,956 N/A 2,206,956 2,206,956
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 43,315,310 0.9273 46,711,938 43,315,310
L1. COMMERCIAL PERSONAL 21,051,880 N/A 21,051,880 21,051,880
L2. INDUSTRIAL PERSONAL 9,199,170 N/A 9,199,170 9,199,170
M. MOBILE HOMES 505,130 N/A 505,130 505,130
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 41,390 N/A 41,390 41,390
Subtotal 265,455,349 276,536,596 265,455,349
Less Total Deductions 50,194,088 52,571,028 50,194,088
Total Taxable Value 215,261,261 223,965,568 215,261,261

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
223,131,518 215,261,261 223,131,518 215,261,261


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,870,257 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
223,131,518 215,261,261 223,131,518 215,261,261

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