taxes Property Tax Assistance

2019 ISD Summary Worksheet

074-Fannin

074-911/Savoy ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 52,187,682 0.9790 53,307,132 52,187,682
B. MULTIFAMILY RESIDENCES 1,423,400 N/A 1,423,400 1,423,400
C1. VACANT LOTS 987,230 N/A 987,230 987,230
D1. QUALIFIED AG LAND 2,135,470 0.9315 2,292,582 2,135,470
D2. REAL PROP:FARM & RANCH 2,536,618 N/A 2,536,618 2,536,618
E. REAL PROP NONQUAL ACREAGE 56,001,449 1.0132 55,271,860 56,001,449
F1. COMMERCIAL REAL 4,218,390 N/A 4,218,390 4,218,390
F2. INDUSTRIAL REAL 1,615,760 N/A 1,615,760 1,615,760
J. UTILITIES 19,571,970 N/A 19,571,970 19,571,970
L1. COMMERCIAL PERSONAL 974,730 N/A 974,730 974,730
L2. INDUSTRIAL PERSONAL 9,233,340 N/A 9,233,340 9,233,340
M. MOBILE HOMES 781,940 N/A 781,940 781,940
O. RESIDENTIAL INVENTORY 202,460 N/A 202,460 202,460
Subtotal 151,870,439 0 152,417,412 151,870,439
Less Total Deductions 30,661,841 0 31,307,502 30,661,841
Total Taxable Value 121,208,598 0 121,109,910 121,208,598

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
126,052,800 121,208,598 126,052,800 121,208,598


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,844,202 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
126,052,800 121,208,598 126,052,800 121,208,598

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 52,187,682 0.9790 53,307,132 52,187,682
B. MULTIFAMILY RESIDENCES 1,423,400 N/A 1,423,400 1,423,400
C1. VACANT LOTS 987,230 N/A 987,230 987,230
D1. QUALIFIED AG LAND 2,135,470 0.9315 2,292,582 2,135,470
D2. REAL PROP:FARM & RANCH 2,536,618 N/A 2,536,618 2,536,618
E. REAL PROP NONQUAL ACREAGE 56,001,449 1.0132 55,271,860 56,001,449
F1. COMMERCIAL REAL 4,218,390 N/A 4,218,390 4,218,390
F2. INDUSTRIAL REAL 1,615,760 N/A 1,615,760 1,615,760
J. UTILITIES 19,571,970 N/A 19,571,970 19,571,970
L1. COMMERCIAL PERSONAL 974,730 N/A 974,730 974,730
L2. INDUSTRIAL PERSONAL 9,233,340 N/A 9,233,340 9,233,340
M. MOBILE HOMES 781,940 N/A 781,940 781,940
O. RESIDENTIAL INVENTORY 202,460 N/A 202,460 202,460
Subtotal 151,870,439 152,417,412 151,870,439
Less Total Deductions 30,661,841 31,307,502 30,661,841
Total Taxable Value 121,208,598 121,109,910 121,208,598

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
126,052,800 121,208,598 126,052,800 121,208,598


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,844,202 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
126,052,800 121,208,598 126,052,800 121,208,598

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