taxes Property Tax Assistance

2018 ISD Summary Worksheet

074/Fannin

074-907/Honey Grove ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 73,104,241 N/A 73,104,241 73,104,241
B. Multi-Family Residences 1,255,646 N/A 1,255,646 1,255,646
C1. Vacant Lots 2,062,499 N/A 2,062,499 2,062,499
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,581,118 N/A 15,581,118 15,581,118
D2. Real Prop Farm & Ranch 6,696,048 N/A 6,696,048 6,696,048
E. Real Prop NonQual Acres 68,233,653 N/A 68,233,653 68,233,653
F1. Commercial Real 9,761,868 N/A 9,761,868 9,761,868
F2. Industrial Real 2,116,566 N/A 2,116,566 2,116,566
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 37,795,840 N/A 37,795,840 37,795,840
L1. Commercial Personal 3,762,820 N/A 3,762,820 3,762,820
L2. Industrial Personal 4,480,640 N/A 4,480,640 4,480,640
M. Other Personal 295,070 N/A 295,070 295,070
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 41,790 N/A 41,790 41,790
Subtotal 225,187,799 225,187,799 225,187,799
Less Total Deductions 41,258,427   41,258,427 41,258,427
Total Taxable Value 183,929,372 183,929,372 183,929,372 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
191,844,451 183,929,372 191,844,451 183,929,372


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,915,079 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
191,844,451 183,929,372 191,844,451 183,929,372

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 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 13,910 N/A 13,910 13,910
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 5,600 N/A 5,600 5,600
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 369,710 N/A 369,710 369,710
D2. Real Prop Farm & Ranch 166,410 N/A 166,410 166,410
E. Real Prop NonQual Acres 1,563,790 N/A 1,563,790 1,563,790
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 4,748,700 N/A 4,748,700 4,748,700
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 6,868,120 6,868,120 6,868,120
Less Total Deductions 390,377   390,377 390,377
Total Taxable Value 6,477,743 6,477,743 6,477,743 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
6,555,293 6,477,743 6,555,293 6,477,743


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
6,555,293 6,477,743 6,555,293 6,477,743

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 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 73,118,151 N/A 73,118,151 73,118,151
B. Multi-Family Residences 1,255,646 N/A 1,255,646 1,255,646
C1. Vacant Lots 2,068,099 N/A 2,068,099 2,068,099
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,950,828 N/A 15,950,828 15,950,828
D2. Real Prop Farm & Ranch 6,862,458 N/A 6,862,458 6,862,458
E. Real Prop NonQual Acres 69,797,443 N/A 69,797,443 69,797,443
F1. Commercial Real 9,761,868 N/A 9,761,868 9,761,868
F2. Industrial Real 2,116,566 N/A 2,116,566 2,116,566
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 42,544,540 N/A 42,544,540 42,544,540
L1. Commercial Personal 3,762,820 N/A 3,762,820 3,762,820
L2. Industrial Personal 4,480,640 N/A 4,480,640 4,480,640
M. Other Personal 295,070 N/A 295,070 295,070
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 41,790 N/A 41,790 41,790
Subtotal 232,055,919 232,055,919 232,055,919
Less Total Deductions 41,648,804   41,648,804 41,648,804
Total Taxable Value 190,407,115 190,407,115 190,407,115 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

2018 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
198,399,744 190,407,115 198,399,744 190,407,115


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,992,629 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
198,399,744 190,407,115 198,399,744 190,407,115

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