taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

074/Fannin

074-907/Honey Grove CISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 60,208,572 N/A 60,208,572 60,208,572
B. Multi-Family Residences 838,740 N/A 838,740 838,740
C1. Vacant Lots 1,498,000 N/A 1,498,000 1,498,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,134,155 N/A 17,134,155 17,134,155
D2. Real Prop Farm & Ranch 6,435,531 N/A 6,435,531 6,435,531
E. Real Prop NonQual Acres 46,397,463 N/A 46,397,463 46,397,463
F1. Commercial Real 6,906,853 N/A 6,906,853 6,906,853
F2. Industrial Real 2,350,390 N/A 2,350,390 2,350,390
G. Oil, Gas, Minerals 1,500 N/A 1,500 1,500
J. Utilities 44,351,860 N/A 44,351,860 44,351,860
L1. Commercial Personal 2,946,860 N/A 2,946,860 2,946,860
L2. Industrial Personal 5,274,330 N/A 5,274,330 5,274,330
M. Other Personal 243,680 N/A 243,680 243,680
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 7,400 N/A 7,400 7,400
S. Special Inventory 39,490 N/A 39,490 39,490
Subtotal 194,634,824 194,634,824 194,634,824
Less Total Deductions 28,120,203   28,120,203 28,120,203
Total Taxable Value 166,514,621 166,514,621 166,514,621 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
175,367,009 166,514,621 175,367,009 166,514,621 166,850,504 166,850,504


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,852,388 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
175,367,009 166,514,621 175,367,009 166,514,621 166,850,504 166,850,504

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 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 122,850 N/A 122,850 122,850
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) 181,120 N/A 181,120 181,120
D2. Real Prop Farm & Ranch 39,920 N/A 39,920 39,920
E. Real Prop NonQual Acres 1,590,800 N/A 1,590,800 1,590,800
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 7,208,600 N/A 7,208,600 7,208,600
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 Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 9,143,290 9,143,290 9,143,290
Less Total Deductions 197,491   197,491 197,491
Total Taxable Value 8,945,799 8,945,799 8,945,799 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
8,985,799 8,945,799 8,985,799 8,945,799 8,945,799 8,945,799


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
8,985,799 8,945,799 8,985,799 8,945,799 8,945,799 8,945,799

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 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 60,331,422 N/A 60,331,422 60,331,422
B. Multi-Family Residences 838,740 N/A 838,740 838,740
C1. Vacant Lots 1,498,000 N/A 1,498,000 1,498,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,315,275 N/A 17,315,275 17,315,275
D2. Real Prop Farm & Ranch 6,475,451 N/A 6,475,451 6,475,451
E. Real Prop NonQual Acres 47,988,263 N/A 47,988,263 47,988,263
F1. Commercial Real 6,906,853 N/A 6,906,853 6,906,853
F2. Industrial Real 2,350,390 N/A 2,350,390 2,350,390
G. Oil, Gas, Minerals 1,500 N/A 1,500 1,500
J. Utilities 51,560,460 N/A 51,560,460 51,560,460
L1. Commercial Personal 2,946,860 N/A 2,946,860 2,946,860
L2. Industrial Personal 5,274,330 N/A 5,274,330 5,274,330
M. Other Personal 243,680 N/A 243,680 243,680
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 7,400 N/A 7,400 7,400
S. Special Inventory 39,490 N/A 39,490 39,490
Subtotal 203,778,114 203,778,114 203,778,114
Less Total Deductions 28,317,694   28,317,694 28,317,694
Total Taxable Value 175,460,420 175,460,420 175,460,420 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