taxes Property Tax Assistance

2020 ISD Summary Worksheet

074-Fannin /Fannin County

074-911/Savoy ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	58,546,453	N/A	58,546,453	58,546,453
B - MULTIFAMILY	1,476,360	N/A	1,476,360	1,476,360
C1 - VACANT LOTS	1,267,620	N/A	1,267,620	1,267,620
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,178,290	N/A	2,178,290	2,178,290
D2 - FARM & RANCH IMP	2,507,217	N/A	2,507,217	2,507,217
E - NON-AG LAND AND IMPROVEMENTS	59,372,249	N/A	59,372,249	59,372,249
F1 - COMMERCIAL REAL	4,144,190	N/A	4,144,190	4,144,190
F2 - INDUSTRIAL REAL	1,559,770	N/A	1,559,770	1,559,770
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	21,159,200	N/A	21,159,200	21,159,200
L1 - COMMERCIAL PERSONAL	1,516,550	N/A	1,516,550	1,516,550
L2 - INDUSTRIAL PERSONAL	8,917,400	N/A	8,917,400	8,917,400
M1 - MOBILE HOMES	961,630	N/A	961,630	961,630
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	222,750	N/A	222,750	222,750
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	163,829,679	0	163,829,679	163,829,679
Less Total Deductions	29,657,519	0	29,657,519	29,657,519
Total Taxable Value	134,172,160	0	134,172,160	134,172,160

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
138,651,882	134,172,160	138,651,882	134,172,160

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,479,722	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
138,651,882	134,172,160	138,651,882	134,172,160

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	58,546,453	N/A	58,546,453	58,546,453
B - MULTIFAMILY	1,476,360	N/A	1,476,360	1,476,360
C1 - VACANT LOTS	1,267,620	N/A	1,267,620	1,267,620
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,178,290	N/A	2,178,290	2,178,290
D2 - FARM & RANCH IMP	2,507,217	N/A	2,507,217	2,507,217
E - NON-AG LAND AND IMPROVEMENTS	59,372,249	N/A	59,372,249	59,372,249
F1 - COMMERCIAL REAL	4,144,190	N/A	4,144,190	4,144,190
F2 - INDUSTRIAL REAL	1,559,770	N/A	1,559,770	1,559,770
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	21,159,200	N/A	21,159,200	21,159,200
L1 - COMMERCIAL PERSONAL	1,516,550	N/A	1,516,550	1,516,550
L2 - INDUSTRIAL PERSONAL	8,917,400	N/A	8,917,400	8,917,400
M1 - MOBILE HOMES	961,630	N/A	961,630	961,630
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	222,750	N/A	222,750	222,750
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	163,829,679		163,829,679	163,829,679
Less Total Deductions	29,657,519		29,657,519	29,657,519
Total Taxable Value	134,172,160		134,172,160	134,172,160

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
138,651,882	134,172,160	138,651,882	134,172,160

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,479,722	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
138,651,882	134,172,160	138,651,882	134,172,160

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