taxes Property Tax Assistance

2023 ISD Summary Worksheet

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 116,160,929 0.9582 121,228,271 116,160,929
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 2,589,410 1.1222 2,307,353 2,589,410
D2 - FARM & RANCH IMP 4,196,573 N/A 4,196,573 4,196,573
E - NON-AG LAND AND IMPROVEMENTS 109,736,297 1.1213 97,865,243 109,736,297
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 301,740,452 0 295,409,518 301,740,452
Less Total Deductions 91,359,837 0 94,215,918 91,359,837
Total Taxable Value 210,380,615 0 201,193,600 210,380,615

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 236,616,035 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 210,380,615 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 236,616,035 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 210,380,615 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 245,421,035 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 251,291,035 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 216,649,662 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 236,616,035 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 210,380,615 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 236,616,035 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 210,380,615 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 245,421,035 T13 plus the loss to the chapter 313 agreement
T16 251,291,035 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 216,649,662 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 26,235,420 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 8,805,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,870,000 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

074-911-02/Savoy ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 116,160,929 0.9582 121,228,271 116,160,929
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 2,589,410 1.1222 2,307,353 2,589,410
D2 - FARM & RANCH IMP 4,196,573 N/A 4,196,573 4,196,573
E - NON-AG LAND AND IMPROVEMENTS 109,736,297 1.1213 97,865,243 109,736,297
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 301,740,452 295,409,518 301,740,452
Less Total Deductions 91,359,837 94,215,918 91,359,837
Total Taxable Value 210,380,615 201,193,600 210,380,615

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 236,616,035 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 210,380,615 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 236,616,035 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 210,380,615 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 245,421,035 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 251,291,035 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 216,649,662 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 236,616,035 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 210,380,615 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 236,616,035 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 210,380,615 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 245,421,035 T13 plus the loss to the chapter 313 agreement
T16 251,291,035 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 216,649,662 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 26,235,420 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 8,805,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,870,000 Loss to Second Previous Homestead Increase