taxes Property Tax Assistance

2020 ISD Summary Worksheet

074-Fannin /Fannin County

074-907/Honey Grove ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 94,681,882 N/A 94,681,882 94,681,882
B - MULTIFAMILY 1,249,430 N/A 1,249,430 1,249,430
C1 - VACANT LOTS 2,886,397 N/A 2,886,397 2,886,397
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,697,018 N/A 9,697,018 9,697,018
D2 - FARM & RANCH IMP 6,829,478 N/A 6,829,478 6,829,478
E - NON-AG LAND AND IMPROVEMENTS 86,284,146 N/A 86,284,146 86,284,146
F1 - COMMERCIAL REAL 14,124,264 N/A 14,124,264 14,124,264
F2 - INDUSTRIAL REAL 2,208,010 N/A 2,208,010 2,208,010
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 38,730,560 N/A 38,730,560 38,730,560
L1 - COMMERCIAL PERSONAL 24,137,120 N/A 24,137,120 24,137,120
L2 - INDUSTRIAL PERSONAL 9,175,600 N/A 9,175,600 9,175,600
M1 - MOBILE HOMES 508,090 N/A 508,090 508,090
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 54,680 N/A 54,680 54,680
Subtotal 290,566,675 0 290,566,675 290,566,675
Less Total Deductions 54,557,504 0 54,557,504 54,557,504
Total Taxable Value 236,009,171 0 236,009,171 236,009,171

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
243,725,304 236,009,171 243,725,304 236,009,171


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,716,133 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
243,725,304 236,009,171 243,725,304 236,009,171

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 /Lamar County

074-907/Honey Grove ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 17,950 N/A 17,950 17,950
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 6,050 N/A 6,050 6,050
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 365,760 N/A 365,760 365,760
D2 - FARM & RANCH IMP 171,770 N/A 171,770 171,770
E - NON-AG LAND AND IMPROVEMENTS 1,981,040 N/A 1,981,040 1,981,040
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 4,279,770 N/A 4,279,770 4,279,770
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 6,822,340 0 6,822,340 6,822,340
Less Total Deductions 280,270 0 280,270 280,270
Total Taxable Value 6,542,070 0 6,542,070 6,542,070

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
6,601,865 6,542,070 6,601,865 6,542,070


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
59,795 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
6,601,865 6,542,070 6,601,865 6,542,070

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 94,699,832 N/A 94,699,832 94,699,832
B - MULTIFAMILY 1,249,430 N/A 1,249,430 1,249,430
C1 - VACANT LOTS 2,892,447 N/A 2,892,447 2,892,447
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,062,778 N/A 10,062,778 10,062,778
D2 - FARM & RANCH IMP 7,001,248 N/A 7,001,248 7,001,248
E - NON-AG LAND AND IMPROVEMENTS 88,265,186 N/A 88,265,186 88,265,186
F1 - COMMERCIAL REAL 14,124,264 N/A 14,124,264 14,124,264
F2 - INDUSTRIAL REAL 2,208,010 N/A 2,208,010 2,208,010
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 43,010,330 N/A 43,010,330 43,010,330
L1 - COMMERCIAL PERSONAL 24,137,120 N/A 24,137,120 24,137,120
L2 - INDUSTRIAL PERSONAL 9,175,600 N/A 9,175,600 9,175,600
M1 - MOBILE HOMES 508,090 N/A 508,090 508,090
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 54,680 N/A 54,680 54,680
Subtotal 297,389,015 297,389,015 297,389,015
Less Total Deductions 54,837,774 54,837,774 54,837,774
Total Taxable Value 242,551,241 242,551,241 242,551,241

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
250,327,169 242,551,241 250,327,169 242,551,241


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,775,928 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
250,327,169 242,551,241 250,327,169 242,551,241

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