taxes Property Tax Assistance

2016 ISD Summary Worksheet

074/Fannin

074-903/Bonham ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 343,939,677 N/A 343,939,677 343,939,677
B. Multi-Family Residences 17,123,825 N/A 17,123,825 17,123,825
C1. Vacant Lots 10,982,496 N/A 10,982,496 10,982,496
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,161,252 N/A 16,161,252 16,161,252
D2. Real Prop Farm & Ranch 9,349,109 N/A 9,349,109 9,349,109
E. Real Prop NonQual Acres 159,345,552 N/A 159,345,552 159,345,552
F1. Commercial Real 91,711,531 N/A 91,711,531 91,711,531
F2. Industrial Real 21,433,320 N/A 21,433,320 21,433,320
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 37,502,590 N/A 37,502,590 37,502,590
L1. Commercial Personal 26,567,530 N/A 26,567,530 26,567,530
L2. Industrial Personal 30,526,250 N/A 30,526,250 30,526,250
M. Other Personal 1,757,510 N/A 1,757,510 1,757,510
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 204,370 N/A 204,370 204,370
S. Special Inventory 8,514,190 N/A 8,514,190 8,514,190
Subtotal 775,119,202 775,119,202 775,119,202
Less Total Deductions 160,586,294   160,586,294 160,586,294
Total Taxable Value 614,532,908 614,532,908 614,532,908 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
644,791,344 614,532,908 644,791,344 614,532,908


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,258,436 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
644,791,344 614,532,908 644,791,344 614,532,908

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