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 81,251,831 0.9566 84,938,147 81,251,831
B. MULTIFAMILY RESIDENCES 1,292,706 N/A 1,292,706 1,292,706
C1. VACANT LOTS 2,198,340 N/A 2,198,340 2,198,340
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 9,871,666 0.8077 12,222,179 9,871,666
D2. REAL PROP:FARM & RANCH 6,363,186 N/A 6,363,186 6,363,186
E. REAL PROP NONQUAL ACREAGE 77,350,016 0.9789 79,017,281 77,350,016
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 21,095,680 N/A 21,095,680 21,095,680
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 259,483,837 0 270,584,559 259,483,837
Less Total Deductions 49,077,032 0 51,389,821 49,077,032
Total Taxable Value 210,406,805 0 219,194,738 210,406,805

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
218,214,439 210,406,805 218,214,439 210,406,805


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,807,634 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
218,214,439 210,406,805 218,214,439 210,406,805

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 81,251,831 0.9566 84,938,147 81,251,831
B. MULTIFAMILY RESIDENCES 1,292,706 N/A 1,292,706 1,292,706
C1. VACANT LOTS 2,198,340 N/A 2,198,340 2,198,340
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 9,871,666 0.8077 12,222,179 9,871,666
D2. REAL PROP:FARM & RANCH 6,363,186 N/A 6,363,186 6,363,186
E. REAL PROP NONQUAL ACREAGE 77,350,016 0.9789 79,017,281 77,350,016
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 21,095,680 N/A 21,095,680 21,095,680
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 259,483,837 270,584,559 259,483,837
Less Total Deductions 49,077,032 51,389,821 49,077,032
Total Taxable Value 210,406,805 219,194,738 210,406,805

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
218,214,439 210,406,805 218,214,439 210,406,805


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,807,634 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
218,214,439 210,406,805 218,214,439 210,406,805

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