taxes Property Tax Assistance

2020 ISD Summary Worksheet

077-Floyd /Floyd County

077-901/Floydada ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	47,249,450	N/A	47,249,450	47,249,450
B - MULTIFAMILY	258,130	N/A	258,130	258,130
C1 - VACANT LOTS	684,871	N/A	684,871	684,871
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	49,949,430	N/A	49,949,430	49,949,430
D2 - FARM & RANCH IMP	2,480,080	N/A	2,480,080	2,480,080
E - NON-AG LAND AND IMPROVEMENTS	18,658,861	N/A	18,658,861	18,658,861
F1 - COMMERCIAL REAL	7,871,120	N/A	7,871,120	7,871,120
F2 - INDUSTRIAL REAL	500,040,200	N/A	500,040,200	500,040,200
G - ALL MINERALS	29,190	N/A	29,190	29,190
J - ALL UTILITIES	106,381,900	N/A	106,381,900	106,381,900
L1 - COMMERCIAL PERSONAL	9,488,690	N/A	9,488,690	9,488,690
L2 - INDUSTRIAL PERSONAL	4,886,940	N/A	4,886,940	4,886,940
M1 - MOBILE HOMES	61,210	N/A	61,210	61,210
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	469,190	N/A	469,190	469,190
Subtotal	748,509,262	0	748,509,262	748,509,262
Less Total Deductions	433,393,344	0	433,393,344	433,393,344
Total Taxable Value	315,115,918	0	315,115,918	315,115,918

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
321,489,968	315,115,918	321,489,968	315,115,918

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,374,050	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
727,252,968	720,878,918	727,252,968	720,878,918

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	47,249,450	N/A	47,249,450	47,249,450
B - MULTIFAMILY	258,130	N/A	258,130	258,130
C1 - VACANT LOTS	684,871	N/A	684,871	684,871
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	49,949,430	N/A	49,949,430	49,949,430
D2 - FARM & RANCH IMP	2,480,080	N/A	2,480,080	2,480,080
E - NON-AG LAND AND IMPROVEMENTS	18,658,861	N/A	18,658,861	18,658,861
F1 - COMMERCIAL REAL	7,871,120	N/A	7,871,120	7,871,120
F2 - INDUSTRIAL REAL	500,040,200	N/A	500,040,200	500,040,200
G - ALL MINERALS	29,190	N/A	29,190	29,190
J - ALL UTILITIES	106,381,900	N/A	106,381,900	106,381,900
L1 - COMMERCIAL PERSONAL	9,488,690	N/A	9,488,690	9,488,690
L2 - INDUSTRIAL PERSONAL	4,886,940	N/A	4,886,940	4,886,940
M1 - MOBILE HOMES	61,210	N/A	61,210	61,210
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	469,190	N/A	469,190	469,190
Subtotal	748,509,262		748,509,262	748,509,262
Less Total Deductions	433,393,344		433,393,344	433,393,344
Total Taxable Value	315,115,918		315,115,918	315,115,918

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
321,489,968	315,115,918	321,489,968	315,115,918

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,374,050	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
727,252,968	720,878,918	727,252,968	720,878,918

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