taxes Property Tax Assistance

2025 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 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 190,949,362 0.9672 197,424,899 190,949,362
B - MULTIFAMILY 2,373,620 N/A 2,373,620 2,373,620
C1 - VACANT LOTS 109,614,020 0.9833 111,475,664 109,614,020
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,684,223 1.0478 13,059,883 13,684,223
D2 - FARM & RANCH IMP 1,650,350 N/A 1,650,350 1,650,350
E - NON-AG LAND AND IMPROVEMENTS 212,235,965 1.0944 193,929,062 212,235,965
F1 - COMMERCIAL REAL 62,382,285 0.9654 64,618,070 62,382,285
F2 - INDUSTRIAL REAL 4,574,680 N/A 4,574,680 4,574,680
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 46,364,850 0.8809 52,633,500 46,364,850
L1 - COMMERCIAL PERSONAL 5,399,040 N/A 5,399,040 5,399,040
L2 - INDUSTRIAL PERSONAL 11,159,940 N/A 11,159,940 11,159,940
M1 - MOBILE HOMES 4,239,280 N/A 4,239,280 4,239,280
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 149,250 N/A 149,250 149,250
Subtotal 664,776,865 0 662,687,238 664,776,865
Less Total Deductions 219,068,781 0 223,192,658 219,068,781
Total Taxable Value 445,708,084 0 439,494,580 445,708,084

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 469,850,769 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 445,708,084 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 469,850,769 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 445,708,084 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 517,309,642 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 531,188,614 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 461,361,051 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
T19 540,774,315 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 456,208,364 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 469,850,769 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 445,708,084 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 469,850,769 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 445,708,084 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 517,309,642 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 531,188,614 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 461,361,051 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
T20 540,774,315 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 456,208,364 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 24,142,685 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 47,458,873 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 13,878,972 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 9,585,701 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 10,500,280 Loss to the increase in the Over-65/Disabled Homestead

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


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139-Lamar/Lamar County

074-907/Honey Grove ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 72,170 N/A 72,170 72,170
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 272,860 N/A 272,860 272,860
D2 - FARM & RANCH IMP 175,060 N/A 175,060 175,060
E - NON-AG LAND AND IMPROVEMENTS 5,642,500 N/A 5,642,500 5,642,500
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 4,259,530 N/A 4,259,530 4,259,530
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 217,250 N/A 217,250 217,250
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 10,639,370 0 10,639,370 10,639,370
Less Total Deductions 2,176,900 0 2,176,900 2,176,900
Total Taxable Value 8,462,470 0 8,462,470 8,462,470

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 8,807,897 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,462,470 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 8,807,897 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,462,470 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,389,396 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 9,539,395 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 8,613,128 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
T19 9,648,223 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 8,562,470 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 8,807,897 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,462,470 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 8,807,897 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,462,470 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,389,396 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 9,539,395 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 8,613,128 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
T20 9,648,223 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 8,562,470 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 345,427 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 581,499 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 149,999 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 108,828 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 100,000 Loss to the increase in the Over-65/Disabled Homestead

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


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074-907-02/Honey Grove ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 191,021,532 0.9672 197,497,069 191,021,532
B - MULTIFAMILY 2,373,620 N/A 2,373,620 2,373,620
C1 - VACANT LOTS 109,614,020 0.9833 111,475,664 109,614,020
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,957,083 1.0468 13,332,743 13,957,083
D2 - FARM & RANCH IMP 1,825,410 N/A 1,825,410 1,825,410
E - NON-AG LAND AND IMPROVEMENTS 217,878,465 1.0917 199,571,562 217,878,465
F1 - COMMERCIAL REAL 62,382,285 0.9654 64,618,070 62,382,285
F2 - INDUSTRIAL REAL 4,574,680 N/A 4,574,680 4,574,680
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 50,624,380 0.8898 56,893,030 50,624,380
L1 - COMMERCIAL PERSONAL 5,399,040 N/A 5,399,040 5,399,040
L2 - INDUSTRIAL PERSONAL 11,159,940 N/A 11,159,940 11,159,940
M1 - MOBILE HOMES 4,456,530 N/A 4,456,530 4,456,530
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 149,250 N/A 149,250 149,250
Subtotal 675,416,235 673,326,608 675,416,235
Less Total Deductions 221,245,681 225,369,558 221,245,681
Total Taxable Value 454,170,554 447,957,050 454,170,554

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 478,658,666 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 454,170,554 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 478,658,666 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 454,170,554 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 526,699,038 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 540,728,009 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 469,974,179 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
T19 550,422,538 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 464,770,834 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 478,658,666 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 454,170,554 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 478,658,666 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 454,170,554 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 526,699,038 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 540,728,009 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 469,974,179 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
T20 550,422,538 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 464,770,834 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 24,488,112 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 48,040,372 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 14,028,971 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 9,694,529 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 10,600,280 Loss to the increase in the Over-65/Disabled Homestead

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