taxes Property Tax Assistance

2021 ISD Summary Worksheet

077-Floyd /Floyd County

077-901/Floydada ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 49,362,740 0.9571 51,575,321 49,362,740
B - MULTIFAMILY 258,130 N/A 258,130 258,130
C1 - VACANT LOTS 695,340 N/A 695,340 695,340
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 42,899,690 0.9859 43,511,515 42,899,690
D2 - FARM & RANCH IMP 2,470,060 N/A 2,470,060 2,470,060
E - NON-AG LAND AND IMPROVEMENTS 20,168,221 0.7286 27,680,786 20,168,221
F1 - COMMERCIAL REAL 8,044,901 N/A 8,044,901 8,044,901
F2 - INDUSTRIAL REAL 444,409,060 N/A 444,409,060 444,409,060
G - ALL MINERALS 27,930 N/A 27,930 27,930
J - ALL UTILITIES 105,368,480 0.8154 129,223,056 105,368,480
L1 - COMMERCIAL PERSONAL 9,343,440 N/A 9,343,440 9,343,440
L2 - INDUSTRIAL PERSONAL 4,830,810 N/A 4,830,810 4,830,810
M1 - MOBILE HOMES 60,810 N/A 60,810 60,810
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 934,510 N/A 934,510 934,510
Subtotal 688,874,122 0 723,065,669 688,874,122
Less Total Deductions 382,611,759 0 383,623,016 382,611,759
Total Taxable Value 306,262,363 0 339,442,653 306,262,363

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
312,770,983 306,262,363 312,770,983 306,262,363


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,508,620 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
667,510,833 661,002,213 667,510,833 661,002,213

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

077-901-02/Floydada ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 49,362,740 0.9571 51,575,321 49,362,740
B - MULTIFAMILY 258,130 N/A 258,130 258,130
C1 - VACANT LOTS 695,340 N/A 695,340 695,340
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 42,899,690 0.9859 43,511,515 42,899,690
D2 - FARM & RANCH IMP 2,470,060 N/A 2,470,060 2,470,060
E - NON-AG LAND AND IMPROVEMENTS 20,168,221 0.7286 27,680,786 20,168,221
F1 - COMMERCIAL REAL 8,044,901 N/A 8,044,901 8,044,901
F2 - INDUSTRIAL REAL 444,409,060 N/A 444,409,060 444,409,060
G - ALL MINERALS 27,930 N/A 27,930 27,930
J - ALL UTILITIES 105,368,480 0.8154 129,223,056 105,368,480
L1 - COMMERCIAL PERSONAL 9,343,440 N/A 9,343,440 9,343,440
L2 - INDUSTRIAL PERSONAL 4,830,810 N/A 4,830,810 4,830,810
M1 - MOBILE HOMES 60,810 N/A 60,810 60,810
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 934,510 N/A 934,510 934,510
Subtotal 688,874,122 723,065,669 688,874,122
Less Total Deductions 382,611,759 383,623,016 382,611,759
Total Taxable Value 306,262,363 339,442,653 306,262,363

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
312,770,983 306,262,363 312,770,983 306,262,363


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,508,620 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
667,510,833 661,002,213 667,510,833 661,002,213

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