taxes Property Tax Assistance

2019 ISD Summary Worksheet

043-Collin

043-904/Farmersville ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	429,028,012	N/A	429,028,012	429,028,012
B. MULTIFAMILY RESIDENCES	3,154,417	N/A	3,154,417	3,154,417
C1. VACANT LOTS	27,715,615	N/A	27,715,615	27,715,615
D1. QUALIFIED AG LAND	3,940,580	N/A	3,940,580	3,940,580
D2. REAL PROP:FARM & RANCH	5,005,880	N/A	5,005,880	5,005,880
E. REAL PROP NONQUAL ACREAGE	181,063,409	N/A	181,063,409	181,063,409
F1. COMMERCIAL REAL	44,537,699	N/A	44,537,699	44,537,699
F2. INDUSTRIAL REAL	29,151,883	N/A	29,151,883	29,151,883
J. UTILITIES	59,833,653	N/A	59,833,653	59,833,653
L1. COMMERCIAL PERSONAL	22,075,114	N/A	22,075,114	22,075,114
L2. INDUSTRIAL PERSONAL	11,834,439	N/A	11,834,439	11,834,439
M. MOBILE HOMES	7,486,415	N/A	7,486,415	7,486,415
O. RESIDENTIAL INVENTORY	5,921,807	N/A	5,921,807	5,921,807
S. SPECIAL INVENTORY	844,445	N/A	844,445	844,445
Subtotal	831,593,368	0	831,593,368	831,593,368
Less Total Deductions	139,574,452	0	139,574,452	139,574,452
Total Taxable Value	692,018,916	0	692,018,916	692,018,916

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
709,887,999	692,018,916	709,887,999	692,018,916

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
17,869,083	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
709,887,999	692,018,916	709,887,999	692,018,916

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

043-904-02/Farmersville ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	429,028,012	N/A	429,028,012	429,028,012
B. MULTIFAMILY RESIDENCES	3,154,417	N/A	3,154,417	3,154,417
C1. VACANT LOTS	27,715,615	N/A	27,715,615	27,715,615
D1. QUALIFIED AG LAND	3,940,580	N/A	3,940,580	3,940,580
D2. REAL PROP:FARM & RANCH	5,005,880	N/A	5,005,880	5,005,880
E. REAL PROP NONQUAL ACREAGE	181,063,409	N/A	181,063,409	181,063,409
F1. COMMERCIAL REAL	44,537,699	N/A	44,537,699	44,537,699
F2. INDUSTRIAL REAL	29,151,883	N/A	29,151,883	29,151,883
J. UTILITIES	59,833,653	N/A	59,833,653	59,833,653
L1. COMMERCIAL PERSONAL	22,075,114	N/A	22,075,114	22,075,114
L2. INDUSTRIAL PERSONAL	11,834,439	N/A	11,834,439	11,834,439
M. MOBILE HOMES	7,486,415	N/A	7,486,415	7,486,415
O. RESIDENTIAL INVENTORY	5,921,807	N/A	5,921,807	5,921,807
S. SPECIAL INVENTORY	844,445	N/A	844,445	844,445
Subtotal	831,593,368		831,593,368	831,593,368
Less Total Deductions	139,574,452		139,574,452	139,574,452
Total Taxable Value	692,018,916		692,018,916	692,018,916

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
709,887,999	692,018,916	709,887,999	692,018,916

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
17,869,083	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
709,887,999	692,018,916	709,887,999	692,018,916

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