taxes Property Tax Assistance

2017 ISD Summary Worksheet

074/Fannin

074-907/Honey Grove ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 69,063,901 .9997 69,084,626 69,063,901
B. Multi-Family Residences 1,116,720 N/A 1,116,720 1,116,720
C1. Vacant Lots 1,652,828 N/A 1,652,828 1,652,828
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,949,851 .9050 17,624,354 15,949,851
D2. Real Prop Farm & Ranch 6,975,296 N/A 6,975,296 6,975,296
E. Real Prop NonQual Acres 63,414,131 .9151 69,297,488 63,414,131
F1. Commercial Real 9,178,543 N/A 9,178,543 9,178,543
F2. Industrial Real 2,295,330 N/A 2,295,330 2,295,330
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 38,997,780 1.2453 31,315,972 38,997,780
L1. Commercial Personal 3,460,760 N/A 3,460,760 3,460,760
L2. Industrial Personal 5,150,380 N/A 5,150,380 5,150,380
M. Other Personal 297,660 N/A 297,660 297,660
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,160 N/A 4,160 4,160
S. Special Inventory 74,680 N/A 74,680 74,680
Subtotal 217,632,020 217,528,797 217,632,020
Less Total Deductions 40,256,116   40,268,870 40,256,116
Total Taxable Value 177,375,904 177,259,927 177,375,904 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
185,350,922 177,375,904 185,350,922 177,375,904


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,975,018 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
185,350,922 177,375,904 185,350,922 177,375,904

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 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 13,770 N/A 13,770 13,770
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) 358,590 N/A 358,590 358,590
D2. Real Prop Farm & Ranch 108,750 N/A 108,750 108,750
E. Real Prop NonQual Acres 1,604,220 N/A 1,604,220 1,604,220
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 5,118,610 N/A 5,118,610 5,118,610
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 7,209,530 7,209,530 7,209,530
Less Total Deductions 748,425   748,425 748,425
Total Taxable Value 6,461,105 6,461,105 6,461,105 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
6,538,655 6,461,105 6,538,655 6,461,105


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
6,538,655 6,461,105 6,538,655 6,461,105

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 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 69,077,671 .9997 69,098,396 69,077,671
B. Multi-Family Residences 1,116,720 N/A 1,116,720 1,116,720
C1. Vacant Lots 1,658,418 N/A 1,658,418 1,658,418
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,308,441 .9069 17,982,944 16,308,441
D2. Real Prop Farm & Ranch 7,084,046 N/A 7,084,046 7,084,046
E. Real Prop NonQual Acres 65,018,351 .9170 70,901,708 65,018,351
F1. Commercial Real 9,178,543 N/A 9,178,543 9,178,543
F2. Industrial Real 2,295,330 N/A 2,295,330 2,295,330
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 44,116,390 1.2108 36,434,582 44,116,390
L1. Commercial Personal 3,460,760 N/A 3,460,760 3,460,760
L2. Industrial Personal 5,150,380 N/A 5,150,380 5,150,380
M. Other Personal 297,660 N/A 297,660 297,660
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,160 N/A 4,160 4,160
S. Special Inventory 74,680 N/A 74,680 74,680
Subtotal 224,841,550 224,738,327 224,841,550
Less Total Deductions 41,004,541   41,017,295 41,004,541
Total Taxable Value 183,837,009 183,721,032 183,837,009 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

074-907/Honey Grove ISD

Final Values Worksheet

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
191,889,577 183,837,009 191,889,577 183,837,009


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,052,568 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
191,889,577 183,837,009 191,889,577 183,837,009

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