taxes Property Tax Assistance

2016 ISD Summary Worksheet

074/Fannin

074-907/Honey Grove ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 64,105,321 N/A 64,105,321 64,105,321
B. Multi-Family Residences 950,303 N/A 950,303 950,303
C1. Vacant Lots 1,611,140 N/A 1,611,140 1,611,140
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 20,135,893 N/A 20,135,893 20,135,893
D2. Real Prop Farm & Ranch 7,437,028 N/A 7,437,028 7,437,028
E. Real Prop NonQual Acres 53,528,640 N/A 53,528,640 53,528,640
F1. Commercial Real 7,442,227 N/A 7,442,227 7,442,227
F2. Industrial Real 2,267,660 N/A 2,267,660 2,267,660
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 40,618,540 N/A 40,618,540 40,618,540
L1. Commercial Personal 3,465,470 N/A 3,465,470 3,465,470
L2. Industrial Personal 6,032,540 N/A 6,032,540 6,032,540
M. Other Personal 231,160 N/A 231,160 231,160
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,160 N/A 4,160 4,160
S. Special Inventory 45,030 N/A 45,030 45,030
Subtotal 207,875,112 207,875,112 207,875,112
Less Total Deductions 37,279,808   37,279,808 37,279,808
Total Taxable Value 170,595,304 170,595,304 170,595,304 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
178,438,667 170,595,304 178,438,667 170,595,304


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,843,363 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
178,438,667 170,595,304 178,438,667 170,595,304

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 ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 155,360 N/A 155,360 155,360
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 5,590 N/A 5,590 5,590
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 278,960 N/A 278,960 278,960
D2. Real Prop Farm & Ranch 108,750 N/A 108,750 108,750
E. Real Prop NonQual Acres 1,789,640 N/A 1,789,640 1,789,640
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 6,042,720 N/A 6,042,720 6,042,720
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 8,381,020 8,381,020 8,381,020
Less Total Deductions 390,285   390,285 390,285
Total Taxable Value 7,990,735 7,990,735 7,990,735 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
8,068,285 7,990,735 8,068,285 7,990,735


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
77,550 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
8,068,285 7,990,735 8,068,285 7,990,735

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 ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 64,260,681 N/A 64,260,681 64,260,681
B. Multi-Family Residences 950,303 N/A 950,303 950,303
C1. Vacant Lots 1,616,730 N/A 1,616,730 1,616,730
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 20,414,853 N/A 20,414,853 20,414,853
D2. Real Prop Farm & Ranch 7,545,778 N/A 7,545,778 7,545,778
E. Real Prop NonQual Acres 55,318,280 N/A 55,318,280 55,318,280
F1. Commercial Real 7,442,227 N/A 7,442,227 7,442,227
F2. Industrial Real 2,267,660 N/A 2,267,660 2,267,660
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 46,661,260 N/A 46,661,260 46,661,260
L1. Commercial Personal 3,465,470 N/A 3,465,470 3,465,470
L2. Industrial Personal 6,032,540 N/A 6,032,540 6,032,540
M. Other Personal 231,160 N/A 231,160 231,160
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,160 N/A 4,160 4,160
S. Special Inventory 45,030 N/A 45,030 45,030
Subtotal 216,256,132 216,256,132 216,256,132
Less Total Deductions 37,670,093   37,670,093 37,670,093
Total Taxable Value 178,586,039 178,586,039 178,586,039 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