taxes Property Tax Assistance

2019 ISD Summary Worksheet

074-Fannin

074-907/Honey Grove ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	81,251,831	0.9566	84,938,147	81,251,831
B. MULTIFAMILY RESIDENCES	1,292,706	N/A	1,292,706	1,292,706
C1. VACANT LOTS	2,198,340	N/A	2,198,340	2,198,340
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	9,871,666	0.8077	12,222,179	9,871,666
D2. REAL PROP:FARM & RANCH	6,363,186	N/A	6,363,186	6,363,186
E. REAL PROP NONQUAL ACREAGE	77,350,016	0.9789	79,017,281	77,350,016
F1. COMMERCIAL REAL	9,725,456	N/A	9,725,456	9,725,456
F2. INDUSTRIAL REAL	2,206,956	N/A	2,206,956	2,206,956
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	38,382,310	0.9187	41,778,938	38,382,310
L1. COMMERCIAL PERSONAL	21,095,680	N/A	21,095,680	21,095,680
L2. INDUSTRIAL PERSONAL	9,199,170	N/A	9,199,170	9,199,170
M. MOBILE HOMES	505,130	N/A	505,130	505,130
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	41,390	N/A	41,390	41,390
Subtotal	259,483,837	0	270,584,559	259,483,837
Less Total Deductions	49,077,032	0	51,389,821	49,077,032
Total Taxable Value	210,406,805	0	219,194,738	210,406,805

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
218,214,439	210,406,805	218,214,439	210,406,805

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
7,807,634	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
218,214,439	210,406,805	218,214,439	210,406,805

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

074-907-02/Honey Grove ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	81,251,831	0.9566	84,938,147	81,251,831
B. MULTIFAMILY RESIDENCES	1,292,706	N/A	1,292,706	1,292,706
C1. VACANT LOTS	2,198,340	N/A	2,198,340	2,198,340
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	9,871,666	0.8077	12,222,179	9,871,666
D2. REAL PROP:FARM & RANCH	6,363,186	N/A	6,363,186	6,363,186
E. REAL PROP NONQUAL ACREAGE	77,350,016	0.9789	79,017,281	77,350,016
F1. COMMERCIAL REAL	9,725,456	N/A	9,725,456	9,725,456
F2. INDUSTRIAL REAL	2,206,956	N/A	2,206,956	2,206,956
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	38,382,310	0.9187	41,778,938	38,382,310
L1. COMMERCIAL PERSONAL	21,095,680	N/A	21,095,680	21,095,680
L2. INDUSTRIAL PERSONAL	9,199,170	N/A	9,199,170	9,199,170
M. MOBILE HOMES	505,130	N/A	505,130	505,130
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	41,390	N/A	41,390	41,390
Subtotal	259,483,837		270,584,559	259,483,837
Less Total Deductions	49,077,032		51,389,821	49,077,032
Total Taxable Value	210,406,805		219,194,738	210,406,805

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
218,214,439	210,406,805	218,214,439	210,406,805

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
7,807,634	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
218,214,439	210,406,805	218,214,439	210,406,805

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