taxes Property Tax Assistance

2022 ISD Summary Worksheet

074-Fannin/Fannin County

074-907/Honey Grove ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	143,644,419	0.9175	156,560,675	143,644,419
B - MULTIFAMILY	1,710,680	N/A	1,710,680	1,710,680
C1 - VACANT LOTS	6,178,377	N/A	6,178,377	6,178,377
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,163,250	1.1961	11,840,765	14,163,250
D2 - FARM & RANCH IMP	9,301,010	N/A	9,301,010	9,301,010
E - NON-AG LAND AND IMPROVEMENTS	146,715,340	1.0602	138,384,588	146,715,340
F1 - COMMERCIAL REAL	24,012,339	0.7550	31,804,423	24,012,339
F2 - INDUSTRIAL REAL	2,781,560	N/A	2,781,560	2,781,560
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	39,628,990	0.9108	43,510,090	39,628,990
L1 - COMMERCIAL PERSONAL	4,701,230	N/A	4,701,230	4,701,230
L2 - INDUSTRIAL PERSONAL	11,133,390	N/A	11,133,390	11,133,390
M1 - MOBILE HOMES	1,763,700	N/A	1,763,700	1,763,700
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	66,760	N/A	66,760	66,760
Subtotal	405,801,045	0	419,737,248	405,801,045
Less Total Deductions	90,849,456	0	99,184,969	90,849,456
Total Taxable Value	314,951,589	0	320,552,279	314,951,589

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	T13
325,333,000	314,951,589	325,333,000	314,951,589	334,793,000

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
10,381,411	0	9,460,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
325,333,000	314,951,589	325,333,000	314,951,589	334,793,000

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

139-Lamar/Lamar County

074-907/Honey Grove ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	25,940	N/A	25,940	25,940
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	10,290	N/A	10,290	10,290
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	306,030	N/A	306,030	306,030
D2 - FARM & RANCH IMP	230,010	N/A	230,010	230,010
E - NON-AG LAND AND IMPROVEMENTS	3,586,350	N/A	3,586,350	3,586,350
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	4,301,460	N/A	4,301,460	4,301,460
L1 - COMMERCIAL PERSONAL	4,590	N/A	4,590	4,590
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	0	N/A	0	0
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	8,464,670	0	8,464,670	8,464,670
Less Total Deductions	744,811	0	744,811	744,811
Total Taxable Value	7,719,859	0	7,719,859	7,719,859

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	T13
7,832,762	7,719,859	7,832,762	7,719,859	7,922,762

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
112,903	0	90,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
7,832,762	7,719,859	7,832,762	7,719,859	7,922,762

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	143,670,359	0.9175	156,586,615	143,670,359
B - MULTIFAMILY	1,710,680	N/A	1,710,680	1,710,680
C1 - VACANT LOTS	6,188,667	N/A	6,188,667	6,188,667
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,469,280	1.1912	12,146,795	14,469,280
D2 - FARM & RANCH IMP	9,531,020	N/A	9,531,020	9,531,020
E - NON-AG LAND AND IMPROVEMENTS	150,301,690	1.0587	141,970,938	150,301,690
F1 - COMMERCIAL REAL	24,012,339	0.7550	31,804,423	24,012,339
F2 - INDUSTRIAL REAL	2,781,560	N/A	2,781,560	2,781,560
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	43,930,450	0.9188	47,811,550	43,930,450
L1 - COMMERCIAL PERSONAL	4,705,820	N/A	4,705,820	4,705,820
L2 - INDUSTRIAL PERSONAL	11,133,390	N/A	11,133,390	11,133,390
M1 - MOBILE HOMES	1,763,700	N/A	1,763,700	1,763,700
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	66,760	N/A	66,760	66,760
Subtotal	414,265,715		428,201,918	414,265,715
Less Total Deductions	91,594,267		99,929,780	91,594,267
Total Taxable Value	322,671,448		328,272,138	322,671,448

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	T13
333,165,762	322,671,448	333,165,762	322,671,448	342,715,762

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
10,494,314	0	9,550,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
333,165,762	322,671,448	333,165,762	322,671,448	342,715,762

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement