taxes Property Tax Assistance

2023 ISD Summary Worksheet

074-Fannin/Fannin County

074-907/Honey Grove ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 173,892,324 0.9809 177,278,340 173,892,324
B - MULTIFAMILY 1,562,170 N/A 1,562,170 1,562,170
C1 - VACANT LOTS 7,528,200 N/A 7,528,200 7,528,200
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,211,260 1.0178 13,962,831 14,211,260
D2 - FARM & RANCH IMP 10,246,526 N/A 10,246,526 10,246,526
E - NON-AG LAND AND IMPROVEMENTS 180,387,806 1.0530 171,308,458 180,387,806
F1 - COMMERCIAL REAL 31,574,430 0.9592 32,917,462 31,574,430
F2 - INDUSTRIAL REAL 4,579,810 N/A 4,579,810 4,579,810
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 44,023,640 1.0622 41,445,716 44,023,640
L1 - COMMERCIAL PERSONAL 5,443,800 N/A 5,443,800 5,443,800
L2 - INDUSTRIAL PERSONAL 12,145,330 N/A 12,145,330 12,145,330
M1 - MOBILE HOMES 3,458,180 N/A 3,458,180 3,458,180
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 87,070 N/A 87,070 87,070
Subtotal 489,140,546 0 481,963,893 489,140,546
Less Total Deductions 146,572,113 0 148,753,767 146,572,113
Total Taxable Value 342,568,433 0 333,210,126 342,568,433

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 381,093,934 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 342,568,433 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 381,093,934 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 342,568,433 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 395,238,934 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 404,668,934 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 350,051,623 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 381,093,934 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 342,568,433 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 381,093,934 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 342,568,433 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 395,238,934 T13 plus the loss to the chapter 313 agreement
T16 404,668,934 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 350,051,623 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 38,525,501 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 14,145,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 9,430,000 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

139-Lamar/Lamar County

074-907/Honey Grove ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 60,930 N/A 60,930 60,930
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 14,160 N/A 14,160 14,160
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 292,610 N/A 292,610 292,610
D2 - FARM & RANCH IMP 230,010 N/A 230,010 230,010
E - NON-AG LAND AND IMPROVEMENTS 3,523,880 N/A 3,523,880 3,523,880
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 4,638,310 N/A 4,638,310 4,638,310
L1 - COMMERCIAL PERSONAL 3,620 N/A 3,620 3,620
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 62,590 N/A 62,590 62,590
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 8,826,110 0 8,826,110 8,826,110
Less Total Deductions 1,415,257 0 1,415,257 1,415,257
Total Taxable Value 7,410,853 0 7,410,853 7,410,853

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 7,840,076 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,410,853 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 7,840,076 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 7,410,853 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 7,990,076 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 8,090,076 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 7,410,853 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 7,840,076 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,410,853 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 7,840,076 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,410,853 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 7,990,076 T13 plus the loss to the chapter 313 agreement
T16 8,090,076 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 7,410,853 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 429,223 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 150,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 100,000 Loss to Second Previous Homestead Increase

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 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 173,953,254 0.9809 177,339,270 173,953,254
B - MULTIFAMILY 1,562,170 N/A 1,562,170 1,562,170
C1 - VACANT LOTS 7,542,360 N/A 7,542,360 7,542,360
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,503,870 1.0174 14,255,441 14,503,870
D2 - FARM & RANCH IMP 10,476,536 N/A 10,476,536 10,476,536
E - NON-AG LAND AND IMPROVEMENTS 183,911,686 1.0519 174,832,338 183,911,686
F1 - COMMERCIAL REAL 31,574,430 0.9592 32,917,462 31,574,430
F2 - INDUSTRIAL REAL 4,579,810 N/A 4,579,810 4,579,810
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 48,661,950 1.0559 46,084,026 48,661,950
L1 - COMMERCIAL PERSONAL 5,447,420 N/A 5,447,420 5,447,420
L2 - INDUSTRIAL PERSONAL 12,145,330 N/A 12,145,330 12,145,330
M1 - MOBILE HOMES 3,520,770 N/A 3,520,770 3,520,770
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 87,070 N/A 87,070 87,070
Subtotal 497,966,656 490,790,003 497,966,656
Less Total Deductions 147,987,370 150,169,024 147,987,370
Total Taxable Value 349,979,286 340,620,979 349,979,286

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 388,934,010 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 349,979,286 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 388,934,010 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 349,979,286 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 403,229,010 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 412,759,010 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 357,462,476 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 388,934,010 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 349,979,286 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 388,934,010 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 349,979,286 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 403,229,010 T13 plus the loss to the chapter 313 agreement
T16 412,759,010 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 357,462,476 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 38,954,724 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 14,295,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 9,530,000 Loss to Second Previous Homestead Increase