taxes Property Tax Assistance

2018 ISD Summary Worksheet

043-Collin

043-904/Farmersville ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 384,801,426 0.9648 398,840,616 384,801,426
B. MULTIFAMILY RESIDENCES 3,039,711 N/A 3,039,711 3,039,711
C1. VACANT LOTS 23,744,579 N/A 23,744,579 23,744,579
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 3,977,467 1.5398 2,583,154 3,977,467
D2. REAL PROP:FARM & RANCH 4,303,373 N/A 4,303,373 4,303,373
E. REAL PROP NONQUAL ACREAGE 166,816,441 0.9628 173,261,779 166,816,441
F1. COMMERCIAL REAL 41,363,033 0.7979 51,839,871 41,363,033
F2. INDUSTRIAL REAL 27,770,220 N/A 27,770,220 27,770,220
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 37,813,677 0.9553 39,583,039 37,813,677
L1. COMMERCIAL PERSONAL 21,143,947 N/A 21,143,947 21,143,947
L2. INDUSTRIAL PERSONAL 11,850,106 N/A 11,850,106 11,850,106
M. MOBILE HOMES 5,076,861 N/A 5,076,861 5,076,861
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 3,135,292 N/A 3,135,292 3,135,292
S. SPECIAL INVENTORY 1,089,379 N/A 1,089,379 1,089,379
Subtotal 735,925,512 0 767,261,927 735,925,512
Less Total Deductions 143,411,868 0 149,011,620 143,411,868
Total Taxable Value 592,513,644 0 618,250,307 592,513,644

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
610,090,527 592,513,644 610,090,527 592,513,644


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,576,883 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
610,090,527 592,513,644 610,090,527 592,513,644

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

043-904-02/Farmersville ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 384,801,426 0.9648 398,840,616 384,801,426
B. MULTIFAMILY RESIDENCES 3,039,711 N/A 3,039,711 3,039,711
C1. VACANT LOTS 23,744,579 N/A 23,744,579 23,744,579
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 3,977,467 1.5398 2,583,154 3,977,467
D2. REAL PROP:FARM & RANCH 4,303,373 N/A 4,303,373 4,303,373
E. REAL PROP NONQUAL ACREAGE 166,816,441 0.9628 173,261,779 166,816,441
F1. COMMERCIAL REAL 41,363,033 0.7979 51,839,871 41,363,033
F2. INDUSTRIAL REAL 27,770,220 N/A 27,770,220 27,770,220
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 37,813,677 0.9553 39,583,039 37,813,677
L1. COMMERCIAL PERSONAL 21,143,947 N/A 21,143,947 21,143,947
L2. INDUSTRIAL PERSONAL 11,850,106 N/A 11,850,106 11,850,106
M. MOBILE HOMES 5,076,861 N/A 5,076,861 5,076,861
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 3,135,292 N/A 3,135,292 3,135,292
S. SPECIAL INVENTORY 1,089,379 N/A 1,089,379 1,089,379
Subtotal 735,925,512 767,261,927 735,925,512
Less Total Deductions 143,411,868 149,011,620 143,411,868
Total Taxable Value 592,513,644 618,250,307 592,513,644

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
610,090,527 592,513,644 610,090,527 592,513,644


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
17,576,883 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
610,090,527 592,513,644 610,090,527 592,513,644

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