taxes Property Tax Assistance

2021 ISD Summary Worksheet

Farmersville ISD (all splits)   Collin County  

043-Collin/Collin County

043-904/Farmersville ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 551,936,157 0.9650 571,954,567 551,936,157
B - MULTIFAMILY 6,924,299 N/A 6,924,299 6,924,299
C1 - VACANT LOTS 31,313,315 N/A 31,313,315 31,313,315
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,816,739 1.4850 2,570,161 3,816,739
D2 - FARM & RANCH IMP 6,050,478 N/A 6,050,478 6,050,478
E - NON-AG LAND AND IMPROVEMENTS 214,760,878 0.9916 216,580,151 214,760,878
F1 - COMMERCIAL REAL 66,806,618 0.9328 71,619,445 66,806,618
F2 - INDUSTRIAL REAL 14,310,606 N/A 14,310,606 14,310,606
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 74,854,173 0.9017 83,014,498 74,854,173
L1 - COMMERCIAL PERSONAL 23,583,821 N/A 23,583,821 23,583,821
L2 - INDUSTRIAL PERSONAL 11,691,414 N/A 11,691,414 11,691,414
M1 - MOBILE HOMES 12,046,650 N/A 12,046,650 12,046,650
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 10,052,452 N/A 10,052,452 10,052,452
S - SPECIAL INVENTORY 831,626 N/A 831,626 831,626
Subtotal 1,028,979,226 0 1,062,543,483 1,028,979,226
Less Total Deductions 163,435,344 0 170,253,365 163,435,344
Total Taxable Value 865,543,882 0 892,290,118 865,543,882

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's office 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 school 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

Measure Value Description
T1 884,526,856 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 865,543,882 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 884,526,856 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 865,543,882 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 884,526,856 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 865,543,882 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 884,526,856 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 865,543,882 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 18,982,974 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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043-904-02/Farmersville ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 551,936,157 0.9650 571,954,567 551,936,157
B - MULTIFAMILY 6,924,299 N/A 6,924,299 6,924,299
C1 - VACANT LOTS 31,313,315 N/A 31,313,315 31,313,315
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,816,739 1.4850 2,570,161 3,816,739
D2 - FARM & RANCH IMP 6,050,478 N/A 6,050,478 6,050,478
E - NON-AG LAND AND IMPROVEMENTS 214,760,878 0.9916 216,580,151 214,760,878
F1 - COMMERCIAL REAL 66,806,618 0.9328 71,619,445 66,806,618
F2 - INDUSTRIAL REAL 14,310,606 N/A 14,310,606 14,310,606
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 74,854,173 0.9017 83,014,498 74,854,173
L1 - COMMERCIAL PERSONAL 23,583,821 N/A 23,583,821 23,583,821
L2 - INDUSTRIAL PERSONAL 11,691,414 N/A 11,691,414 11,691,414
M1 - MOBILE HOMES 12,046,650 N/A 12,046,650 12,046,650
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 10,052,452 N/A 10,052,452 10,052,452
S - SPECIAL INVENTORY 831,626 N/A 831,626 831,626
Subtotal 1,028,979,226 1,062,543,483 1,028,979,226
Less Total Deductions 163,435,344 170,253,365 163,435,344
Total Taxable Value 865,543,882 892,290,118 865,543,882

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's office 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 school 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

Measure Value Description
T1 884,526,856 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 865,543,882 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 884,526,856 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 865,543,882 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 884,526,856 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 865,543,882 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 884,526,856 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 865,543,882 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 18,982,974 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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