taxes Property Tax Assistance

2021 ISD Summary Worksheet

043-Collin /Collin County

043-904/Farmersville ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	551,936,157	0.9650	571,954,567	551,936,157
B - MULTIFAMILY	6,924,299	N/A	6,924,299	6,924,299
C1 - VACANT LOTS	31,313,315	N/A	31,313,315	31,313,315
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,816,739	1.4850	2,570,161	3,816,739
D2 - FARM & RANCH IMP	6,050,478	N/A	6,050,478	6,050,478
E - NON-AG LAND AND IMPROVEMENTS	214,760,878	0.9916	216,580,151	214,760,878
F1 - COMMERCIAL REAL	66,806,618	0.9328	71,619,445	66,806,618
F2 - INDUSTRIAL REAL	14,310,606	N/A	14,310,606	14,310,606
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	74,854,173	0.9017	83,014,498	74,854,173
L1 - COMMERCIAL PERSONAL	23,583,821	N/A	23,583,821	23,583,821
L2 - INDUSTRIAL PERSONAL	11,691,414	N/A	11,691,414	11,691,414
M1 - MOBILE HOMES	12,046,650	N/A	12,046,650	12,046,650
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	10,052,452	N/A	10,052,452	10,052,452
S - SPECIAL INVENTORY	831,626	N/A	831,626	831,626
Subtotal	1,028,979,226	0	1,062,543,483	1,028,979,226
Less Total Deductions	163,435,344	0	170,253,365	163,435,344
Total Taxable Value	865,543,882	0	892,290,118	865,543,882

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
884,526,856	865,543,882	884,526,856	865,543,882

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
18,982,974	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
884,526,856	865,543,882	884,526,856	865,543,882

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	551,936,157	0.9650	571,954,567	551,936,157
B - MULTIFAMILY	6,924,299	N/A	6,924,299	6,924,299
C1 - VACANT LOTS	31,313,315	N/A	31,313,315	31,313,315
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,816,739	1.4850	2,570,161	3,816,739
D2 - FARM & RANCH IMP	6,050,478	N/A	6,050,478	6,050,478
E - NON-AG LAND AND IMPROVEMENTS	214,760,878	0.9916	216,580,151	214,760,878
F1 - COMMERCIAL REAL	66,806,618	0.9328	71,619,445	66,806,618
F2 - INDUSTRIAL REAL	14,310,606	N/A	14,310,606	14,310,606
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	74,854,173	0.9017	83,014,498	74,854,173
L1 - COMMERCIAL PERSONAL	23,583,821	N/A	23,583,821	23,583,821
L2 - INDUSTRIAL PERSONAL	11,691,414	N/A	11,691,414	11,691,414
M1 - MOBILE HOMES	12,046,650	N/A	12,046,650	12,046,650
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	10,052,452	N/A	10,052,452	10,052,452
S - SPECIAL INVENTORY	831,626	N/A	831,626	831,626
Subtotal	1,028,979,226		1,062,543,483	1,028,979,226
Less Total Deductions	163,435,344		170,253,365	163,435,344
Total Taxable Value	865,543,882		892,290,118	865,543,882

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
884,526,856	865,543,882	884,526,856	865,543,882

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
18,982,974	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
884,526,856	865,543,882	884,526,856	865,543,882

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