taxes Property Tax Assistance

2019 ISD Summary Worksheet

185-Parmer

185-903/Friona ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 87,560,124 N/A 87,560,124 87,560,124
B. MULTIFAMILY RESIDENCES 1,730,601 N/A 1,730,601 1,730,601
C1. VACANT LOTS 524,383 N/A 524,383 524,383
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 29,588,836 N/A 29,588,836 29,588,836
D2. REAL PROP:FARM & RANCH 5,156,482 N/A 5,156,482 5,156,482
E. REAL PROP NONQUAL ACREAGE 35,018,679 N/A 35,018,679 35,018,679
F1. COMMERCIAL REAL 16,220,409 N/A 16,220,409 16,220,409
F2. INDUSTRIAL REAL 71,537,505 N/A 71,537,505 71,537,505
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 202,707,794 N/A 202,707,794 202,707,794
L1. COMMERCIAL PERSONAL 21,669,328 N/A 21,669,328 21,669,328
L2. INDUSTRIAL PERSONAL 119,133,505 N/A 119,133,505 119,133,505
M. MOBILE HOMES 434,393 N/A 434,393 434,393
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 1,012,719 N/A 1,012,719 1,012,719
Subtotal 592,294,758 0 592,294,758 592,294,758
Less Total Deductions 185,071,008 0 185,071,008 185,071,008
Total Taxable Value 407,223,750 0 407,223,750 407,223,750

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
415,002,662 407,223,750 415,002,662 407,223,750


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,778,912 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
554,798,382 547,019,470 554,798,382 547,019,470

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

185-903-02/Friona ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 87,560,124 N/A 87,560,124 87,560,124
B. MULTIFAMILY RESIDENCES 1,730,601 N/A 1,730,601 1,730,601
C1. VACANT LOTS 524,383 N/A 524,383 524,383
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 29,588,836 N/A 29,588,836 29,588,836
D2. REAL PROP:FARM & RANCH 5,156,482 N/A 5,156,482 5,156,482
E. REAL PROP NONQUAL ACREAGE 35,018,679 N/A 35,018,679 35,018,679
F1. COMMERCIAL REAL 16,220,409 N/A 16,220,409 16,220,409
F2. INDUSTRIAL REAL 71,537,505 N/A 71,537,505 71,537,505
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 202,707,794 N/A 202,707,794 202,707,794
L1. COMMERCIAL PERSONAL 21,669,328 N/A 21,669,328 21,669,328
L2. INDUSTRIAL PERSONAL 119,133,505 N/A 119,133,505 119,133,505
M. MOBILE HOMES 434,393 N/A 434,393 434,393
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 1,012,719 N/A 1,012,719 1,012,719
Subtotal 592,294,758 592,294,758 592,294,758
Less Total Deductions 185,071,008 185,071,008 185,071,008
Total Taxable Value 407,223,750 407,223,750 407,223,750

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
415,002,662 407,223,750 415,002,662 407,223,750


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,778,912 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
554,798,382 547,019,470 554,798,382 547,019,470

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