taxes Property Tax Assistance

2021 ISD Summary Worksheet

074-Fannin /Fannin County

074-905/Ector ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	40,584,948	0.8958	45,305,814	40,584,948
B - MULTIFAMILY	936,310	N/A	936,310	936,310
C1 - VACANT LOTS	1,116,820	N/A	1,116,820	1,116,820
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,537,790	1.1633	1,321,935	1,537,790
D2 - FARM & RANCH IMP	1,994,832	N/A	1,994,832	1,994,832
E - NON-AG LAND AND IMPROVEMENTS	35,749,928	0.9409	37,995,460	35,749,928
F1 - COMMERCIAL REAL	2,309,890	N/A	2,309,890	2,309,890
F2 - INDUSTRIAL REAL	52,210	N/A	52,210	52,210
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	5,968,820	N/A	5,968,820	5,968,820
L1 - COMMERCIAL PERSONAL	867,450	N/A	867,450	867,450
L2 - INDUSTRIAL PERSONAL	158,540	N/A	158,540	158,540
M1 - MOBILE HOMES	641,990	N/A	641,990	641,990
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	91,919,528	0	98,670,071	91,919,528
Less Total Deductions	14,827,612	0	16,874,342	14,827,612
Total Taxable Value	77,091,916	0	81,795,729	77,091,916

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
79,263,916	77,091,916	79,263,916	77,091,916

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,172,000	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
79,263,916	77,091,916	79,263,916	77,091,916

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

074-905-02/Ector ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	40,584,948	0.8958	45,305,814	40,584,948
B - MULTIFAMILY	936,310	N/A	936,310	936,310
C1 - VACANT LOTS	1,116,820	N/A	1,116,820	1,116,820
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,537,790	1.1633	1,321,935	1,537,790
D2 - FARM & RANCH IMP	1,994,832	N/A	1,994,832	1,994,832
E - NON-AG LAND AND IMPROVEMENTS	35,749,928	0.9409	37,995,460	35,749,928
F1 - COMMERCIAL REAL	2,309,890	N/A	2,309,890	2,309,890
F2 - INDUSTRIAL REAL	52,210	N/A	52,210	52,210
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	5,968,820	N/A	5,968,820	5,968,820
L1 - COMMERCIAL PERSONAL	867,450	N/A	867,450	867,450
L2 - INDUSTRIAL PERSONAL	158,540	N/A	158,540	158,540
M1 - MOBILE HOMES	641,990	N/A	641,990	641,990
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	91,919,528		98,670,071	91,919,528
Less Total Deductions	14,827,612		16,874,342	14,827,612
Total Taxable Value	77,091,916		81,795,729	77,091,916

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
79,263,916	77,091,916	79,263,916	77,091,916

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,172,000	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
79,263,916	77,091,916	79,263,916	77,091,916

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