taxes Property Tax Assistance

2020 ISD Summary Worksheet

077-Floyd

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