taxes Property Tax Assistance

2018 ISD Summary Worksheet

077/Floyd

077-901/Floydada ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 47,115,460 N/A 47,115,460 47,115,460
B. Multi-Family Residences 258,130 N/A 258,130 258,130
C1. Vacant Lots 669,131 N/A 669,131 669,131
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 60,764,160 N/A 60,764,160 60,764,160
D2. Real Prop Farm & Ranch 2,445,410 N/A 2,445,410 2,445,410
E. Real Prop NonQual Acres 18,326,641 N/A 18,326,641 18,326,641
F1. Commercial Real 8,007,730 N/A 8,007,730 8,007,730
F2. Industrial Real 585,588,540 N/A 585,588,540 585,588,540
G. Oil, Gas, Minerals 31,920 N/A 31,920 31,920
J. Utilities 88,831,730 N/A 88,831,730 88,831,730
L1. Commercial Personal 8,668,230 N/A 8,668,230 8,668,230
L2. Industrial Personal 5,082,710 N/A 5,082,710 5,082,710
M. Other Personal 68,200 N/A 68,200 68,200
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,885,594 N/A 2,885,594 2,885,594
Subtotal 828,743,586 828,743,586 828,743,586
Less Total Deductions 515,625,403   515,625,403 515,625,403
Total Taxable Value 313,118,183 313,118,183 313,118,183 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
319,222,523 313,118,183 319,222,523 313,118,183


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,104,340 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
807,198,033 801,093,693 807,198,033 801,093,693

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