taxes Property Tax Assistance

2022 ISD Summary Worksheet

075-Fayette /Fayette County

075-906/Fayetteville ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	74,946,820	0.8378	89,456,696	74,946,820
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,265,020	N/A	3,265,020	3,265,020
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,972,488	1.0725	2,771,585	2,972,488
D2 - FARM & RANCH IMP	2,340,281	N/A	2,340,281	2,340,281
E - NON-AG LAND AND IMPROVEMENTS	143,302,171	0.8027	178,525,191	143,302,171
F1 - COMMERCIAL REAL	11,803,360	N/A	11,803,360	11,803,360
F2 - INDUSTRIAL REAL	343,810	N/A	343,810	343,810
G - ALL MINERALS	96,180,730	1.0094	95,285,051	96,180,730
J - ALL UTILITIES	69,517,510	0.4640	149,822,220	69,517,510
L1 - COMMERCIAL PERSONAL	1,941,640	N/A	1,941,640	1,941,640
L2 - INDUSTRIAL PERSONAL	828,060	N/A	828,060	828,060
M1 - MOBILE HOMES	1,792,530	N/A	1,792,530	1,792,530
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	409,234,420	0	538,175,444	409,234,420
Less Total Deductions	47,979,538	0	62,443,757	47,979,538
Total Taxable Value	361,254,882	0	475,731,687	361,254,882

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	T13
368,756,787	361,254,882	368,756,787	361,254,882	374,576,787

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
7,501,905	0	5,820,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
368,756,787	361,254,882	368,756,787	361,254,882	374,576,787

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

075-906-02/Fayetteville ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	74,946,820	0.8378	89,456,696	74,946,820
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,265,020	N/A	3,265,020	3,265,020
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,972,488	1.0725	2,771,585	2,972,488
D2 - FARM & RANCH IMP	2,340,281	N/A	2,340,281	2,340,281
E - NON-AG LAND AND IMPROVEMENTS	143,302,171	0.8027	178,525,191	143,302,171
F1 - COMMERCIAL REAL	11,803,360	N/A	11,803,360	11,803,360
F2 - INDUSTRIAL REAL	343,810	N/A	343,810	343,810
G - ALL MINERALS	96,180,730	1.0094	95,285,051	96,180,730
J - ALL UTILITIES	69,517,510	0.4640	149,822,220	69,517,510
L1 - COMMERCIAL PERSONAL	1,941,640	N/A	1,941,640	1,941,640
L2 - INDUSTRIAL PERSONAL	828,060	N/A	828,060	828,060
M1 - MOBILE HOMES	1,792,530	N/A	1,792,530	1,792,530
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	409,234,420		538,175,444	409,234,420
Less Total Deductions	47,979,538		62,443,757	47,979,538
Total Taxable Value	361,254,882		475,731,687	361,254,882

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	T13
368,756,787	361,254,882	368,756,787	361,254,882	374,576,787

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
7,501,905	0	5,820,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
368,756,787	361,254,882	368,756,787	361,254,882	374,576,787

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement