taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

074/Fannin

074-907/Honey Grove CISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 61,256,543 .9694 63,190,162 61,256,543
B. Multi-Family Residences 941,310 N/A 941,310 941,310
C1. Vacant Lots 1,556,920 N/A 1,556,920 1,556,920
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 20,017,698 .9658 20,726,793 20,017,698
D2. Real Prop Farm & Ranch 6,301,763 N/A 6,301,763 6,301,763
E. Real Prop NonQual Acres 47,329,529 .9658 49,005,518 47,329,529
F1. Commercial Real 7,160,523 N/A 7,160,523 7,160,523
F2. Industrial Real 2,383,360 N/A 2,383,360 2,383,360
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 44,729,510 .9590 46,641,825 44,729,510
L1. Commercial Personal 3,362,910 N/A 3,362,910 3,362,910
L2. Industrial Personal 5,426,800 N/A 5,426,800 5,426,800
M. Other Personal 236,650 N/A 236,650 236,650
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 7,400 N/A 7,400 7,400
S. Special Inventory 48,130 N/A 48,130 48,130
Subtotal 200,759,046 206,990,064 200,759,046
Less Total Deductions 32,926,719   34,018,024 32,926,719
Total Taxable Value 167,832,327 172,972,040 167,832,327 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
175,517,850 167,832,327 175,517,850 167,832,327


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,685,523 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
175,517,850 167,832,327 175,517,850 167,832,327

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 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) 201,220 N/A 201,220 201,220
D2. Real Prop Farm & Ranch 39,920 N/A 39,920 39,920
E. Real Prop NonQual Acres 1,173,020 N/A 1,173,020 1,173,020
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 7,059,440 N/A 7,059,440 7,059,440
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 8,596,450 8,596,450 8,596,450
Less Total Deductions 227,491   227,491 227,491
Total Taxable Value 8,368,959 8,368,959 8,368,959 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
8,408,959 8,368,959 8,408,959 8,368,959


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

Value Taxable For I&S Purposes

T7 T8 T9 T10
8,408,959 8,368,959 8,408,959 8,368,959

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

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

074-907/Honey Grove CISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 61,379,393 .9695 63,313,012 61,379,393
B. Multi-Family Residences 941,310 N/A 941,310 941,310
C1. Vacant Lots 1,556,920 N/A 1,556,920 1,556,920
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 20,218,918 .9661 20,928,013 20,218,918
D2. Real Prop Farm & Ranch 6,341,683 N/A 6,341,683 6,341,683
E. Real Prop NonQual Acres 48,502,549 .9666 50,178,538 48,502,549
F1. Commercial Real 7,160,523 N/A 7,160,523 7,160,523
F2. Industrial Real 2,383,360 N/A 2,383,360 2,383,360
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 51,788,950 .9644 53,701,265 51,788,950
L1. Commercial Personal 3,362,910 N/A 3,362,910 3,362,910
L2. Industrial Personal 5,426,800 N/A 5,426,800 5,426,800
M. Other Personal 236,650 N/A 236,650 236,650
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 7,400 N/A 7,400 7,400
S. Special Inventory 48,130 N/A 48,130 48,130
Subtotal 209,355,496 215,586,514 209,355,496
Less Total Deductions 33,154,210   34,245,515 33,154,210
Total Taxable Value 176,201,286 181,340,999 176,201,286 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