taxes Property Tax Assistance

2019 ISD Summary Worksheet

009-Bailey

185-902/Farwell ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	6,962	N/A	6,962	6,962
D1. QUALIFIED AG LAND	2,428,499	N/A	2,428,499	2,428,499
D2. REAL PROP:FARM & RANCH	900,822	N/A	900,822	900,822
E. REAL PROP NONQUAL ACREAGE	4,127,150	N/A	4,127,150	4,127,150
F2. INDUSTRIAL REAL	118,145	N/A	118,145	118,145
J. UTILITIES	438,160	N/A	438,160	438,160
L1. COMMERCIAL PERSONAL	774,215	N/A	774,215	774,215
M. MOBILE HOMES	106,432	N/A	106,432	106,432
Subtotal	8,900,385	0	8,900,385	8,900,385
Less Total Deductions	814,904	0	814,904	814,904
Total Taxable Value	8,085,481	0	8,085,481	8,085,481

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
8,295,481	8,085,481	8,295,481	8,085,481

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
210,000	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
8,295,481	8,085,481	8,295,481	8,085,481

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

185-Parmer

185-902/Farwell ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	38,172,313	N/A	38,172,313	38,172,313
B. MULTIFAMILY RESIDENCES	1,501,612	N/A	1,501,612	1,501,612
C1. VACANT LOTS	955,384	N/A	955,384	955,384
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	14,074,177	N/A	14,074,177	14,074,177
D2. REAL PROP:FARM & RANCH	4,094,352	N/A	4,094,352	4,094,352
E. REAL PROP NONQUAL ACREAGE	32,975,900	N/A	32,975,900	32,975,900
F1. COMMERCIAL REAL	5,833,501	N/A	5,833,501	5,833,501
F2. INDUSTRIAL REAL	28,573,531	N/A	28,573,531	28,573,531
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	30,077,630	N/A	30,077,630	30,077,630
L1. COMMERCIAL PERSONAL	6,819,498	N/A	6,819,498	6,819,498
L2. INDUSTRIAL PERSONAL	22,180,210	N/A	22,180,210	22,180,210
M. MOBILE HOMES	158,946	N/A	158,946	158,946
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	147,102	N/A	147,102	147,102
Subtotal	185,564,156	0	185,564,156	185,564,156
Less Total Deductions	19,105,983	0	19,105,983	19,105,983
Total Taxable Value	166,458,173	0	166,458,173	166,458,173

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
170,310,976	166,458,173	170,310,976	166,458,173

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,852,803	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
170,310,976	166,458,173	170,310,976	166,458,173

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

185-902-02/Farwell ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	38,179,275	N/A	38,179,275	38,179,275
B. MULTIFAMILY RESIDENCES	1,501,612	N/A	1,501,612	1,501,612
C1. VACANT LOTS	955,384	N/A	955,384	955,384
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	16,502,676	N/A	16,502,676	16,502,676
D2. REAL PROP:FARM & RANCH	4,995,174	N/A	4,995,174	4,995,174
E. REAL PROP NONQUAL ACREAGE	37,103,050	N/A	37,103,050	37,103,050
F1. COMMERCIAL REAL	5,833,501	N/A	5,833,501	5,833,501
F2. INDUSTRIAL REAL	28,691,676	N/A	28,691,676	28,691,676
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	30,515,790	N/A	30,515,790	30,515,790
L1. COMMERCIAL PERSONAL	7,593,713	N/A	7,593,713	7,593,713
L2. INDUSTRIAL PERSONAL	22,180,210	N/A	22,180,210	22,180,210
M. MOBILE HOMES	265,378	N/A	265,378	265,378
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	147,102	N/A	147,102	147,102
Subtotal	194,464,541		194,464,541	194,464,541
Less Total Deductions	19,920,887		19,920,887	19,920,887
Total Taxable Value	174,543,654		174,543,654	174,543,654

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
178,606,457	174,543,654	178,606,457	174,543,654

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,062,803	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
178,606,457	174,543,654	178,606,457	174,543,654

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