taxes Property Tax Assistance

2019 ISD Summary Worksheet

074-Fannin

060-914/Fannindel ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,367,469 1.0336 14,867,907 15,367,469
C1. VACANT LOTS 1,084,605 N/A 1,084,605 1,084,605
D1. QUALIFIED AG LAND 1,764,550 0.9114 1,936,064 1,764,550
D2. REAL PROP:FARM & RANCH 716,475 N/A 716,475 716,475
E. REAL PROP NONQUAL ACREAGE 17,869,557 0.9914 18,024,568 17,869,557
F1. COMMERCIAL REAL 1,351,877 N/A 1,351,877 1,351,877
F2. INDUSTRIAL REAL 43,460 N/A 43,460 43,460
J. UTILITIES 10,947,750 0.9187 11,916,567 10,947,750
L1. COMMERCIAL PERSONAL 784,840 N/A 784,840 784,840
L2. INDUSTRIAL PERSONAL 3,138,860 N/A 3,138,860 3,138,860
M. MOBILE HOMES 130,970 N/A 130,970 130,970
Subtotal 53,200,413 0 53,996,193 53,200,413
Less Total Deductions 12,653,866 0 12,299,949 12,653,866
Total Taxable Value 40,546,547 0 41,696,244 40,546,547

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
42,324,062 40,546,547 42,324,062 40,546,547


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,777,515 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
42,324,062 40,546,547 42,324,062 40,546,547

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

060-914-02/Fannindel ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,367,469 1.0336 14,867,907 15,367,469
C1. VACANT LOTS 1,084,605 N/A 1,084,605 1,084,605
D1. QUALIFIED AG LAND 1,764,550 0.9114 1,936,064 1,764,550
D2. REAL PROP:FARM & RANCH 716,475 N/A 716,475 716,475
E. REAL PROP NONQUAL ACREAGE 17,869,557 0.9914 18,024,568 17,869,557
F1. COMMERCIAL REAL 1,351,877 N/A 1,351,877 1,351,877
F2. INDUSTRIAL REAL 43,460 N/A 43,460 43,460
J. UTILITIES 10,947,750 0.9187 11,916,567 10,947,750
L1. COMMERCIAL PERSONAL 784,840 N/A 784,840 784,840
L2. INDUSTRIAL PERSONAL 3,138,860 N/A 3,138,860 3,138,860
M. MOBILE HOMES 130,970 N/A 130,970 130,970
Subtotal 53,200,413 53,996,193 53,200,413
Less Total Deductions 12,653,866 12,299,949 12,653,866
Total Taxable Value 40,546,547 41,696,244 40,546,547

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
42,324,062 40,546,547 42,324,062 40,546,547


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,777,515 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
42,324,062 40,546,547 42,324,062 40,546,547

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