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2007 ISD Summary Worksheet

074/Fannin
074-907/Honey Grove CISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 50,315,720 .9187 54,768,390 50,315,720
B. Multi-Family Residences 1,056,260 N/A 1,056,260 1,056,260
C. Vacant Lots 1,186,770 N/A 1,186,770 1,186,770
D. Rural Real(Taxable) 56,280,164 1.0338 54,440,178 56,280,164
F1. Commercial Real 6,181,080 N/A 6,181,080 6,181,080
F2. Industrial Real 2,345,950 N/A 2,345,950 2,345,950
G. Oil, Gas, Minerals 1,500 N/A 1,500 1,500
J. Utilities 11,534,060 1.0001 11,532,907 11,534,060
L1. Commercial Personal 3,691,640 N/A 3,691,640 3,691,640
L2. Industrial Personal 3,272,710 N/A 3,272,710 3,272,710
M. Other Personal 460,880 N/A 460,880 460,880
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 42,810 N/A 42,810 42,810
S. Special Inventory 57,020 N/A 57,020 57,020
Subtotal 136,426,564 139,038,095 136,426,564
Less Total Deductions 23,913,742   25,850,961 23,913,742
Total Taxable Value 112,512,822 113,187,134 112,512,822 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 41,104,605 .9953 41,298,709
Prod Value Qualified Acres 15,175,559 1.1548 13,141,469
Taxable Value 56,280,164   54,440,178

The taxable values shown here will not match the values reported by your appraisal district

NOTE: See the ISD Deduction Report for a breakdown of deduction values

SB4, Passed by the 1999 legislature, (Section 403.302(J) and (K), Government Code), requires the Comptroller to certify alternative measures of school district wealth (T1, T3, and T4) in addition to the traditional measure (T2). Questions about the extent to which any of these wealth measures affect school funding should be directed to the Division of State Funding at the Texas Education Agency, Telephone #512-463-9238.

T1 Loss To The Additional $10,000 Homestead Exemption T2 50% Of The Loss To The Local Optional Percentage Homestead Exemption T3 T4
121,377,740 8,864,918 112,512,822 0 121,377,740 112,512,822

T1 = School district taxable value before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value after the loss to the additional $10,000 homestead exemption

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

The PVS found your local value to be valid, and local value was certified

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