taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

074/Fannin

074-907/Honey Grove CISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 59,018,219 .9878 59,747,134 59,018,219
B. Multi-Family Residences 905,940 N/A 905,940 905,940
C1. Vacant Lots 1,548,510 N/A 1,548,510 1,548,510
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,106,970 .7827 16,745,648 13,106,970
D2. Real Prop Farm & Ranch 6,329,993 N/A 6,329,993 6,329,993
E. Real Prop NonQual Acres 45,230,122 .9937 45,516,878 45,230,122
F1. Commercial Real 5,991,053 N/A 5,991,053 5,991,053
F2. Industrial Real 2,413,050 N/A 2,413,050 2,413,050
G. Oil, Gas, Minerals 1,500 N/A 1,500 1,500
J. Utilities 35,736,250 1.2490 28,611,890 35,736,250
L1. Commercial Personal 2,932,180 N/A 2,932,180 2,932,180
L2. Industrial Personal 4,499,220 N/A 4,499,220 4,499,220
M. Other Personal 304,130 N/A 304,130 304,130
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 30,730 N/A 30,730 30,730
Subtotal 178,047,867 175,577,856 178,047,867
Less Total Deductions 27,829,923   28,221,832 27,829,923
Total Taxable Value 150,217,944 147,356,024 150,217,944 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
159,097,546 150,217,944 159,097,546 150,217,944 150,217,944 150,217,944


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,879,602 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
159,097,546 150,217,944 159,097,546 150,217,944 150,217,944 150,217,944

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

139/Lamar

074-907/Honey Grove CISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 120,710 N/A 120,710 120,710
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 211,440 N/A 211,440 211,440
D2. Real Prop Farm & Ranch 57,920 N/A 57,920 57,920
E. Real Prop NonQual Acres 976,740 N/A 976,740 976,740
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 8,544,110 N/A 8,544,110 8,544,110
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 9,910,920 9,910,920 9,910,920
Less Total Deductions 149,169   149,169 149,169
Total Taxable Value 9,761,751 9,761,751 9,761,751 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
9,801,751 9,761,751 9,801,751 9,761,751 9,761,751 9,761,751


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,000 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
9,801,751 9,761,751 9,801,751 9,761,751 9,761,751 9,761,751

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

074-907/Honey Grove CISD



Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 59,138,929 .9878 59,867,844 59,138,929
B. Multi-Family Residences 905,940 N/A 905,940 905,940
C1. Vacant Lots 1,548,510 N/A 1,548,510 1,548,510
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,318,410 .7854 16,957,088 13,318,410
D2. Real Prop Farm & Ranch 6,387,913 N/A 6,387,913 6,387,913
E. Real Prop NonQual Acres 46,206,862 .9938 46,493,618 46,206,862
F1. Commercial Real 5,991,053 N/A 5,991,053 5,991,053
F2. Industrial Real 2,413,050 N/A 2,413,050 2,413,050
G. Oil, Gas, Minerals 1,500 N/A 1,500 1,500
J. Utilities 44,280,360 1.1917 37,156,000 44,280,360
L1. Commercial Personal 2,932,180 N/A 2,932,180 2,932,180
L2. Industrial Personal 4,499,220 N/A 4,499,220 4,499,220
M. Other Personal 304,130 N/A 304,130 304,130
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 30,730 N/A 30,730 30,730
Subtotal 187,958,787 185,488,776 187,958,787
Less Total Deductions 27,979,092   28,371,001 27,979,092
Total Taxable Value 159,979,695 157,117,775 159,979,695 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