taxes Property Tax Assistance

2017 ISD Summary Worksheet

074/Fannin

074-903/Bonham ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 367,476,597 .9421 390,061,137 367,476,597
B. Multi-Family Residences 17,500,330 N/A 17,500,330 17,500,330
C1. Vacant Lots 10,507,918 N/A 10,507,918 10,507,918
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,832,782 .9191 15,050,497 13,832,782
D2. Real Prop Farm & Ranch 9,243,064 N/A 9,243,064 9,243,064
E. Real Prop NonQual Acres 169,994,336 1.0044 169,249,638 169,994,336
F1. Commercial Real 93,306,755 .9407 99,188,641 93,306,755
F2. Industrial Real 21,516,640 N/A 21,516,640 21,516,640
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 36,390,590 1.2429 29,278,775 36,390,590
L1. Commercial Personal 25,858,320 N/A 25,858,320 25,858,320
L2. Industrial Personal 37,092,280 N/A 37,092,280 37,092,280
M. Other Personal 2,337,220 N/A 2,337,220 2,337,220
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 193,270 N/A 193,270 193,270
S. Special Inventory 8,366,160 N/A 8,366,160 8,366,160
Subtotal 813,616,262 835,443,890 813,616,262
Less Total Deductions 174,157,803   185,488,634 174,157,803
Total Taxable Value 639,458,459 649,955,256 639,458,459 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
669,976,202 639,458,459 669,976,202 639,458,459


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,517,743 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
669,976,202 639,458,459 669,976,202 639,458,459

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