077-Floyd/Floyd County
077-901/Floydada ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
64,266,700 |
0.8393 |
76,571,786 |
76,571,786 |
| B - MULTIFAMILY |
258,130 |
N/A |
258,130 |
258,130 |
| C1 - VACANT LOTS |
685,581 |
N/A |
685,581 |
685,581 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
38,284,660 |
0.7695 |
49,752,607 |
49,752,607 |
| D2 - FARM & RANCH IMP |
2,411,800 |
N/A |
2,411,800 |
2,411,800 |
| E - NON-AG LAND AND IMPROVEMENTS |
32,071,501 |
0.7709 |
41,602,673 |
41,602,673 |
| F1 - COMMERCIAL REAL |
8,072,110 |
N/A |
8,072,110 |
8,072,110 |
| F2 - INDUSTRIAL REAL |
358,651,740 |
N/A |
358,651,740 |
358,651,740 |
| G - ALL MINERALS |
21,680 |
N/A |
21,680 |
21,680 |
| J - ALL UTILITIES |
103,875,106 |
0.9435 |
110,095,502 |
110,095,502 |
| L1 - COMMERCIAL PERSONAL |
10,658,550 |
N/A |
10,658,550 |
10,658,550 |
| L2 - INDUSTRIAL PERSONAL |
4,786,640 |
N/A |
4,786,640 |
4,786,640 |
| M1 - MOBILE HOMES |
76,810 |
N/A |
76,810 |
76,810 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
0 |
N/A |
0 |
0 |
| S - SPECIAL INVENTORY |
598,882 |
N/A |
598,882 |
598,882 |
| Subtotal |
624,719,890 |
0 |
664,244,491 |
664,244,491 |
| Less Total Deductions |
431,256,069 |
0 |
437,977,017 |
437,977,017 |
| Total Taxable Value |
193,463,821 |
0 |
226,267,474 |
226,267,474 |
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
| Measure | Value | Description |
|---|
| T1 |
239,664,714 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
226,267,474 |
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 |
239,664,714 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
226,267,474 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
253,584,714 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
262,864,714 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
226,780,987 |
School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss |
VALUE TAXABLE FOR I&S PURPOSES
| Measure | Value | Description |
|---|
| T7 |
608,090,004 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
594,692,764 |
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 |
608,090,004 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
594,692,764 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
622,010,004 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
631,290,004 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
595,206,277 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
13,397,240 |
Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD |
0 |
50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD |
13,920,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
9,280,000 |
Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE VALUES FOR YOUR SCHOOL DISTRICT ARE BELOW THE 90% CUTOFF AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE
077-901-02/Floydada ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
64,266,700 |
0.8393 |
76,571,786 |
76,571,786 |
| B - MULTIFAMILY |
258,130 |
N/A |
258,130 |
258,130 |
| C1 - VACANT LOTS |
685,581 |
N/A |
685,581 |
685,581 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
38,284,660 |
0.7695 |
49,752,607 |
49,752,607 |
| D2 - FARM & RANCH IMP |
2,411,800 |
N/A |
2,411,800 |
2,411,800 |
| E - NON-AG LAND AND IMPROVEMENTS |
32,071,501 |
0.7709 |
41,602,673 |
41,602,673 |
| F1 - COMMERCIAL REAL |
8,072,110 |
N/A |
8,072,110 |
8,072,110 |
| F2 - INDUSTRIAL REAL |
358,651,740 |
N/A |
358,651,740 |
358,651,740 |
| G - ALL MINERALS |
21,680 |
N/A |
21,680 |
21,680 |
| J - ALL UTILITIES |
103,875,106 |
0.9435 |
110,095,502 |
110,095,502 |
| L1 - COMMERCIAL PERSONAL |
10,658,550 |
N/A |
10,658,550 |
10,658,550 |
| L2 - INDUSTRIAL PERSONAL |
4,786,640 |
N/A |
4,786,640 |
4,786,640 |
| M1 - MOBILE HOMES |
76,810 |
N/A |
76,810 |
76,810 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
0 |
N/A |
0 |
0 |
| S - SPECIAL INVENTORY |
598,882 |
N/A |
598,882 |
598,882 |
| Subtotal |
624,719,890 |
|
664,244,491 |
664,244,491 |
| Less Total Deductions |
431,256,069 |
|
437,977,017 |
437,977,017 |
| Total Taxable Value |
193,463,821 |
|
226,267,474 |
226,267,474 |
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
| Measure | Value | Description |
|---|
| T1 |
239,664,714 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
226,267,474 |
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 |
239,664,714 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
226,267,474 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
253,584,714 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
262,864,714 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
226,780,987 |
School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss |
VALUE TAXABLE FOR I&S PURPOSES
| Measure | Value | Description |
|---|
| T7 |
608,090,004 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
594,692,764 |
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 |
608,090,004 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
594,692,764 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
622,010,004 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
631,290,004 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
595,206,277 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
13,397,240 |
Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD |
0 |
50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD |
13,920,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
9,280,000 |
Loss to Second Previous Homestead Increase |
