taxes Property Tax Assistance

2024 ISD Summary Worksheet

Honey Grove ISD (all splits)   Fannin County   Lamar County  

074-Fannin/Fannin County

074-907/Honey Grove ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 179,601,437 N/A 179,601,437 179,601,437
B - MULTIFAMILY 1,811,840 N/A 1,811,840 1,811,840
C1 - VACANT LOTS 64,562,258 N/A 64,562,258 64,562,258
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,069,492 N/A 13,069,492 13,069,492
D2 - FARM & RANCH IMP 10,330,765 N/A 10,330,765 10,330,765
E - NON-AG LAND AND IMPROVEMENTS 207,984,446 N/A 207,984,446 207,984,446
F1 - COMMERCIAL REAL 37,366,730 N/A 37,366,730 37,366,730
F2 - INDUSTRIAL REAL 6,106,430 N/A 6,106,430 6,106,430
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 46,348,230 N/A 46,348,230 46,348,230
L1 - COMMERCIAL PERSONAL 5,591,140 N/A 5,591,140 5,591,140
L2 - INDUSTRIAL PERSONAL 12,412,600 N/A 12,412,600 12,412,600
M1 - MOBILE HOMES 4,113,820 N/A 4,113,820 4,113,820
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 133,910 N/A 133,910 133,910
Subtotal 589,433,098 0 589,433,098 589,433,098
Less Total Deductions 145,197,052 0 145,197,052 145,197,052
Total Taxable Value 444,236,046 0 444,236,046 444,236,046

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's office 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 school 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 485,846,660 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 444,236,046 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 485,846,660 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 444,236,046 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 500,441,660 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 510,171,660 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 465,198,838 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 485,846,660 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 444,236,046 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 485,846,660 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 444,236,046 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 500,441,660 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 510,171,660 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 465,198,838 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 41,610,614 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 14,595,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 9,730,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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139-Lamar/Lamar County

074-907/Honey Grove ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 76,490 N/A 76,490 76,490
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 14,350 N/A 14,350 14,350
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 347,430 N/A 347,430 347,430
D2 - FARM & RANCH IMP 217,700 N/A 217,700 217,700
E - NON-AG LAND AND IMPROVEMENTS 4,757,880 N/A 4,757,880 4,757,880
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 4,169,710 N/A 4,169,710 4,169,710
L1 - COMMERCIAL PERSONAL 2,820 N/A 2,820 2,820
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 86,360 N/A 86,360 86,360
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 9,672,740 0 9,672,740 9,672,740
Less Total Deductions 1,663,001 0 1,663,001 1,663,001
Total Taxable Value 8,009,739 0 8,009,739 8,009,739

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's office 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 school 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 8,566,683 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,009,739 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 8,566,683 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,009,739 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 8,731,683 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 8,841,683 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 8,009,739 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 8,566,683 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,009,739 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 8,566,683 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,009,739 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 8,731,683 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 8,841,683 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 8,009,739 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 556,944 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 165,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 110,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED.


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074-907-02/Honey Grove ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 179,677,927 N/A 179,677,927 179,677,927
B - MULTIFAMILY 1,811,840 N/A 1,811,840 1,811,840
C1 - VACANT LOTS 64,576,608 N/A 64,576,608 64,576,608
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,416,922 N/A 13,416,922 13,416,922
D2 - FARM & RANCH IMP 10,548,465 N/A 10,548,465 10,548,465
E - NON-AG LAND AND IMPROVEMENTS 212,742,326 N/A 212,742,326 212,742,326
F1 - COMMERCIAL REAL 37,366,730 N/A 37,366,730 37,366,730
F2 - INDUSTRIAL REAL 6,106,430 N/A 6,106,430 6,106,430
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 50,517,940 N/A 50,517,940 50,517,940
L1 - COMMERCIAL PERSONAL 5,593,960 N/A 5,593,960 5,593,960
L2 - INDUSTRIAL PERSONAL 12,412,600 N/A 12,412,600 12,412,600
M1 - MOBILE HOMES 4,200,180 N/A 4,200,180 4,200,180
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 133,910 N/A 133,910 133,910
Subtotal 599,105,838 599,105,838 599,105,838
Less Total Deductions 146,860,053 146,860,053 146,860,053
Total Taxable Value 452,245,785 452,245,785 452,245,785

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's office 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 school 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 494,413,343 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 452,245,785 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 494,413,343 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 452,245,785 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 509,173,343 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 519,013,343 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 473,208,577 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 494,413,343 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 452,245,785 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 494,413,343 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 452,245,785 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 509,173,343 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 519,013,343 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 473,208,577 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 42,167,558 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 14,760,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 9,840,000 Loss to the third most recent increase in the state-mandated homestead exemption

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