taxes Property Tax Assistance

2021 ISD Summary Worksheet

074-Fannin /Fannin County

074-903/Bonham ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 554,462,778 0.9657 574,156,340 554,462,778
B - MULTIFAMILY 26,805,388 N/A 26,805,388 26,805,388
C1 - VACANT LOTS 16,541,512 N/A 16,541,512 16,541,512
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,122,297 1.1195 10,828,111 12,122,297
D2 - FARM & RANCH IMP 10,603,107 N/A 10,603,107 10,603,107
E - NON-AG LAND AND IMPROVEMENTS 252,705,400 0.9402 268,778,345 252,705,400
F1 - COMMERCIAL REAL 143,411,532 0.9280 154,538,289 143,411,532
F2 - INDUSTRIAL REAL 129,081,710 N/A 129,081,710 129,081,710
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 43,749,300 N/A 43,749,300 43,749,300
L1 - COMMERCIAL PERSONAL 30,577,560 N/A 30,577,560 30,577,560
L2 - INDUSTRIAL PERSONAL 55,942,560 N/A 55,942,560 55,942,560
M1 - MOBILE HOMES 6,449,785 N/A 6,449,785 6,449,785
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 213,880 N/A 213,880 213,880
S - SPECIAL INVENTORY 7,141,040 N/A 7,141,040 7,141,040
Subtotal 1,289,807,849 0 1,335,406,927 1,289,807,849
Less Total Deductions 258,014,211 0 267,165,533 258,014,211
Total Taxable Value 1,031,793,638 0 1,068,241,394 1,031,793,638

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
1,058,247,663 1,031,793,638 1,058,247,663 1,031,793,638


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,454,025 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
1,098,538,393 1,072,084,368 1,098,538,393 1,072,084,368

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

074-903-02/Bonham ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 554,462,778 0.9657 574,156,340 554,462,778
B - MULTIFAMILY 26,805,388 N/A 26,805,388 26,805,388
C1 - VACANT LOTS 16,541,512 N/A 16,541,512 16,541,512
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,122,297 1.1195 10,828,111 12,122,297
D2 - FARM & RANCH IMP 10,603,107 N/A 10,603,107 10,603,107
E - NON-AG LAND AND IMPROVEMENTS 252,705,400 0.9402 268,778,345 252,705,400
F1 - COMMERCIAL REAL 143,411,532 0.9280 154,538,289 143,411,532
F2 - INDUSTRIAL REAL 129,081,710 N/A 129,081,710 129,081,710
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 43,749,300 N/A 43,749,300 43,749,300
L1 - COMMERCIAL PERSONAL 30,577,560 N/A 30,577,560 30,577,560
L2 - INDUSTRIAL PERSONAL 55,942,560 N/A 55,942,560 55,942,560
M1 - MOBILE HOMES 6,449,785 N/A 6,449,785 6,449,785
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 213,880 N/A 213,880 213,880
S - SPECIAL INVENTORY 7,141,040 N/A 7,141,040 7,141,040
Subtotal 1,289,807,849 1,335,406,927 1,289,807,849
Less Total Deductions 258,014,211 267,165,533 258,014,211
Total Taxable Value 1,031,793,638 1,068,241,394 1,031,793,638

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
1,058,247,663 1,031,793,638 1,058,247,663 1,031,793,638


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
26,454,025 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
1,098,538,393 1,072,084,368 1,098,538,393 1,072,084,368

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