taxes Property Tax Assistance

2019 ISD Summary Worksheet

009-Bailey

185-902/Farwell ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,962 N/A 6,962 6,962
D1. QUALIFIED AG LAND 2,428,499 N/A 2,428,499 2,428,499
D2. REAL PROP:FARM & RANCH 900,822 N/A 900,822 900,822
E. REAL PROP NONQUAL ACREAGE 4,127,150 N/A 4,127,150 4,127,150
F2. INDUSTRIAL REAL 118,145 N/A 118,145 118,145
J. UTILITIES 438,160 N/A 438,160 438,160
L1. COMMERCIAL PERSONAL 774,215 N/A 774,215 774,215
M. MOBILE HOMES 106,432 N/A 106,432 106,432
Subtotal 8,900,385 0 8,900,385 8,900,385
Less Total Deductions 814,904 0 814,904 814,904
Total Taxable Value 8,085,481 0 8,085,481 8,085,481

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
8,295,481 8,085,481 8,295,481 8,085,481


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
210,000 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
8,295,481 8,085,481 8,295,481 8,085,481

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

185-Parmer

185-902/Farwell ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 38,172,313 N/A 38,172,313 38,172,313
B. MULTIFAMILY RESIDENCES 1,501,612 N/A 1,501,612 1,501,612
C1. VACANT LOTS 955,384 N/A 955,384 955,384
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 14,074,177 N/A 14,074,177 14,074,177
D2. REAL PROP:FARM & RANCH 4,094,352 N/A 4,094,352 4,094,352
E. REAL PROP NONQUAL ACREAGE 32,975,900 N/A 32,975,900 32,975,900
F1. COMMERCIAL REAL 5,833,501 N/A 5,833,501 5,833,501
F2. INDUSTRIAL REAL 28,573,531 N/A 28,573,531 28,573,531
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 30,077,630 N/A 30,077,630 30,077,630
L1. COMMERCIAL PERSONAL 6,819,498 N/A 6,819,498 6,819,498
L2. INDUSTRIAL PERSONAL 22,180,210 N/A 22,180,210 22,180,210
M. MOBILE HOMES 158,946 N/A 158,946 158,946
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 147,102 N/A 147,102 147,102
Subtotal 185,564,156 0 185,564,156 185,564,156
Less Total Deductions 19,105,983 0 19,105,983 19,105,983
Total Taxable Value 166,458,173 0 166,458,173 166,458,173

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
170,310,976 166,458,173 170,310,976 166,458,173


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,852,803 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
170,310,976 166,458,173 170,310,976 166,458,173

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

185-902-02/Farwell ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 38,179,275 N/A 38,179,275 38,179,275
B. MULTIFAMILY RESIDENCES 1,501,612 N/A 1,501,612 1,501,612
C1. VACANT LOTS 955,384 N/A 955,384 955,384
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 16,502,676 N/A 16,502,676 16,502,676
D2. REAL PROP:FARM & RANCH 4,995,174 N/A 4,995,174 4,995,174
E. REAL PROP NONQUAL ACREAGE 37,103,050 N/A 37,103,050 37,103,050
F1. COMMERCIAL REAL 5,833,501 N/A 5,833,501 5,833,501
F2. INDUSTRIAL REAL 28,691,676 N/A 28,691,676 28,691,676
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 30,515,790 N/A 30,515,790 30,515,790
L1. COMMERCIAL PERSONAL 7,593,713 N/A 7,593,713 7,593,713
L2. INDUSTRIAL PERSONAL 22,180,210 N/A 22,180,210 22,180,210
M. MOBILE HOMES 265,378 N/A 265,378 265,378
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 147,102 N/A 147,102 147,102
Subtotal 194,464,541 194,464,541 194,464,541
Less Total Deductions 19,920,887 19,920,887 19,920,887
Total Taxable Value 174,543,654 174,543,654 174,543,654

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
178,606,457 174,543,654 178,606,457 174,543,654


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,062,803 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
178,606,457 174,543,654 178,606,457 174,543,654

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