taxes Property Tax Assistance

2017 ISD Summary Worksheet

077/Floyd

077-901/Floydada ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 46,414,680 .8617 53,864,083 46,414,680
B. Multi-Family Residences 258,130 N/A 258,130 258,130
C1. Vacant Lots 667,680 N/A 667,680 667,680
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 55,728,710 1.6760 33,250,099 55,728,710
D2. Real Prop Farm & Ranch 2,497,140 N/A 2,497,140 2,497,140
E. Real Prop NonQual Acres 18,293,400 .7072 25,867,364 18,293,400
F1. Commercial Real 8,065,840 N/A 8,065,840 8,065,840
F2. Industrial Real 678,538,170 N/A 678,538,170 678,538,170
G. Oil, Gas, Minerals 33,400 N/A 33,400 33,400
J. Utilities 92,436,970 .8366 110,491,238 92,436,970
L1. Commercial Personal 8,440,930 N/A 8,440,930 8,440,930
L2. Industrial Personal 9,666,610 N/A 9,666,610 9,666,610
M. Other Personal 68,080 N/A 68,080 68,080
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 485,270 N/A 485,270 485,270
Subtotal 921,595,010 932,194,034 921,595,010
Less Total Deductions 598,888,827   602,180,090 598,888,827
Total Taxable Value 322,706,183 330,013,944 322,706,183 T2

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
328,741,163 322,706,183 328,741,163 322,706,183


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,034,980 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
899,857,193 893,822,213 899,857,193 893,822,213

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