taxes Property Tax Assistance

2023 ISD Summary Worksheet

Savoy ISD (all splits)   Fannin County  

074-Fannin/Fannin County

074-911/Savoy ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 116,272,109 0.9582 121,344,301 116,272,109
B - MULTIFAMILY 2,227,605 N/A 2,227,605 2,227,605
C1 - VACANT LOTS 3,351,470 N/A 3,351,470 3,351,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,644,790 1.1235 2,353,998 2,644,790
D2 - FARM & RANCH IMP 4,196,573 N/A 4,196,573 4,196,573
E - NON-AG LAND AND IMPROVEMENTS 106,003,997 1.1213 94,536,696 106,003,997
F1 - COMMERCIAL REAL 17,005,978 0.9575 17,760,813 17,005,978
F2 - INDUSTRIAL REAL 2,443,590 N/A 2,443,590 2,443,590
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 21,792,530 N/A 21,792,530 21,792,530
L1 - COMMERCIAL PERSONAL 1,140,040 N/A 1,140,040 1,140,040
L2 - INDUSTRIAL PERSONAL 18,266,390 N/A 18,266,390 18,266,390
M1 - MOBILE HOMES 2,829,640 N/A 2,829,640 2,829,640
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 298,174,712 0 292,243,646 298,174,712
Less Total Deductions 93,328,826 0 96,179,041 93,328,826
Total Taxable Value 204,845,886 0 196,064,605 204,845,886

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

Measure Value Description
T1 231,857,333 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 204,845,886 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 231,857,333 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 204,845,886 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 240,902,333 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 246,932,333 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 211,762,951 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 231,857,333 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 204,845,886 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 231,857,333 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 204,845,886 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 240,902,333 T13 plus the loss to the chapter 313 agreement
T16 246,932,333 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 211,762,951 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 27,011,447 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 9,045,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 6,030,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


Back to top

074-911-02/Savoy ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 116,272,109 0.9582 121,344,301 116,272,109
B - MULTIFAMILY 2,227,605 N/A 2,227,605 2,227,605
C1 - VACANT LOTS 3,351,470 N/A 3,351,470 3,351,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,644,790 1.1235 2,353,998 2,644,790
D2 - FARM & RANCH IMP 4,196,573 N/A 4,196,573 4,196,573
E - NON-AG LAND AND IMPROVEMENTS 106,003,997 1.1213 94,536,696 106,003,997
F1 - COMMERCIAL REAL 17,005,978 0.9575 17,760,813 17,005,978
F2 - INDUSTRIAL REAL 2,443,590 N/A 2,443,590 2,443,590
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 21,792,530 N/A 21,792,530 21,792,530
L1 - COMMERCIAL PERSONAL 1,140,040 N/A 1,140,040 1,140,040
L2 - INDUSTRIAL PERSONAL 18,266,390 N/A 18,266,390 18,266,390
M1 - MOBILE HOMES 2,829,640 N/A 2,829,640 2,829,640
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 298,174,712 292,243,646 298,174,712
Less Total Deductions 93,328,826 96,179,041 93,328,826
Total Taxable Value 204,845,886 196,064,605 204,845,886

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

Measure Value Description
T1 231,857,333 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 204,845,886 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 231,857,333 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 204,845,886 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 240,902,333 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 246,932,333 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 211,762,951 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 231,857,333 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 204,845,886 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 231,857,333 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 204,845,886 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 240,902,333 T13 plus the loss to the chapter 313 agreement
T16 246,932,333 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 211,762,951 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 27,011,447 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 9,045,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 6,030,000 Loss to Second Previous Homestead Increase

Back to top