taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

074/Fannin

074-903/Bonham ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 301,476,641 1.0136 297,431,572 301,476,641
B. Multi-Family Residences 12,517,660 N/A 12,517,660 12,517,660
C1. Vacant Lots 7,743,419 N/A 7,743,419 7,743,419
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,946,522 .8756 13,644,554 11,946,522
D2. Real Prop Farm & Ranch 7,993,461 N/A 7,993,461 7,993,461
E. Real Prop NonQual Acres 126,319,441 .9595 131,651,319 126,319,441
F1. Commercial Real 75,046,093 .9656 77,719,649 75,046,093
F2. Industrial Real 18,697,580 N/A 18,697,580 18,697,580
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 40,092,960 1.2478 32,130,918 40,092,960
L1. Commercial Personal 23,854,710 N/A 23,854,710 23,854,710
L2. Industrial Personal 36,418,420 N/A 36,418,420 36,418,420
M. Other Personal 1,384,694 N/A 1,384,694 1,384,694
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 453,810 N/A 453,810 453,810
S. Special Inventory 7,746,590 N/A 7,746,590 7,746,590
Subtotal 671,692,001 669,388,356 671,692,001
Less Total Deductions 113,715,319   111,797,165 113,715,319
Total Taxable Value 557,976,682 557,591,191 557,976,682 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
590,805,907 557,976,682 590,805,907 557,976,682 567,222,657 567,222,657


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
32,829,225 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
590,805,907 557,976,682 590,805,907 557,976,682 567,222,657 567,222,657

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified