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. MULTIFAMILY 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. QUALIFIED AG LAND	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 ACREAGE	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. MOBILE HOMES	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	0	828,743,586	828,743,586
Less Total Deductions	515,625,403	0	515,625,403	515,625,403
Total Taxable Value	313,118,183	0	313,118,183	313,118,183

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

077-901-02/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. MULTIFAMILY 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. QUALIFIED AG LAND	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 ACREAGE	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. MOBILE HOMES	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

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