taxes Property Tax Assistance

2020 ISD Summary Worksheet

074-Fannin

074-907/Honey Grove ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	94,651,822	N/A	94,651,822	94,651,822
B - MULTIFAMILY	1,249,430	N/A	1,249,430	1,249,430
C1 - VACANT LOTS	2,920,420	N/A	2,920,420	2,920,420
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,739,788	N/A	9,739,788	9,739,788
D2 - FARM & RANCH IMP	6,829,476	N/A	6,829,476	6,829,476
E - NON-AG LAND AND IMPROVEMENTS	86,785,860	N/A	86,785,860	86,785,860
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	40,391,580	N/A	40,391,580	40,391,580
L1 - COMMERCIAL PERSONAL	24,147,120	N/A	24,147,120	24,147,120
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	292,786,140	0	292,786,140	292,786,140
Less Total Deductions	54,126,015	0	54,126,015	54,126,015
Total Taxable Value	238,660,125	0	238,660,125	238,660,125

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
245,951,460	238,660,125	245,951,460	238,660,125

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
7,291,335	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
245,951,460	238,660,125	245,951,460	238,660,125

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	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	94,669,772	N/A	94,669,772	94,669,772
B - MULTIFAMILY	1,249,430	N/A	1,249,430	1,249,430
C1 - VACANT LOTS	2,926,470	N/A	2,926,470	2,926,470
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,105,548	N/A	10,105,548	10,105,548
D2 - FARM & RANCH IMP	7,001,246	N/A	7,001,246	7,001,246
E - NON-AG LAND AND IMPROVEMENTS	88,766,900	N/A	88,766,900	88,766,900
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	44,671,350	N/A	44,671,350	44,671,350
L1 - COMMERCIAL PERSONAL	24,147,120	N/A	24,147,120	24,147,120
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	299,608,480		299,608,480	299,608,480
Less Total Deductions	54,406,285		54,406,285	54,406,285
Total Taxable Value	245,202,195		245,202,195	245,202,195

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
252,553,325	245,202,195	252,553,325	245,202,195

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
7,351,130	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
252,553,325	245,202,195	252,553,325	245,202,195

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