taxes Property Tax Assistance

2021 ISD Summary Worksheet

Floydada ISD (all splits)   Floyd County  

077-Floyd/Floyd County

077-901/Floydada ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 49,362,740 0.9571 51,575,321 49,362,740
B - MULTIFAMILY 258,130 N/A 258,130 258,130
C1 - VACANT LOTS 695,340 N/A 695,340 695,340
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 42,899,690 0.9859 43,511,515 42,899,690
D2 - FARM & RANCH IMP 2,470,060 N/A 2,470,060 2,470,060
E - NON-AG LAND AND IMPROVEMENTS 20,168,221 0.7286 27,680,786 20,168,221
F1 - COMMERCIAL REAL 8,044,901 N/A 8,044,901 8,044,901
F2 - INDUSTRIAL REAL 444,409,060 N/A 444,409,060 444,409,060
G - ALL MINERALS 27,930 N/A 27,930 27,930
J - ALL UTILITIES 105,368,480 0.8772 120,119,106 105,368,480
L1 - COMMERCIAL PERSONAL 9,343,440 N/A 9,343,440 9,343,440
L2 - INDUSTRIAL PERSONAL 4,830,810 N/A 4,830,810 4,830,810
M1 - MOBILE HOMES 60,810 N/A 60,810 60,810
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 934,510 N/A 934,510 934,510
Subtotal 688,874,122 0 713,961,719 688,874,122
Less Total Deductions 382,611,759 0 383,623,016 382,611,759
Total Taxable Value 306,262,363 0 330,338,703 306,262,363

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 312,770,983 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 306,262,363 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 312,770,983 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 306,262,363 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 667,510,833 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 661,002,213 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 667,510,833 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 661,002,213 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,508,620 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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD.


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077-901-02/Floydada ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 49,362,740 0.9571 51,575,321 49,362,740
B - MULTIFAMILY 258,130 N/A 258,130 258,130
C1 - VACANT LOTS 695,340 N/A 695,340 695,340
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 42,899,690 0.9859 43,511,515 42,899,690
D2 - FARM & RANCH IMP 2,470,060 N/A 2,470,060 2,470,060
E - NON-AG LAND AND IMPROVEMENTS 20,168,221 0.7286 27,680,786 20,168,221
F1 - COMMERCIAL REAL 8,044,901 N/A 8,044,901 8,044,901
F2 - INDUSTRIAL REAL 444,409,060 N/A 444,409,060 444,409,060
G - ALL MINERALS 27,930 N/A 27,930 27,930
J - ALL UTILITIES 105,368,480 0.8772 120,119,106 105,368,480
L1 - COMMERCIAL PERSONAL 9,343,440 N/A 9,343,440 9,343,440
L2 - INDUSTRIAL PERSONAL 4,830,810 N/A 4,830,810 4,830,810
M1 - MOBILE HOMES 60,810 N/A 60,810 60,810
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 934,510 N/A 934,510 934,510
Subtotal 688,874,122 713,961,719 688,874,122
Less Total Deductions 382,611,759 383,623,016 382,611,759
Total Taxable Value 306,262,363 330,338,703 306,262,363

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 312,770,983 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 306,262,363 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 312,770,983 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 306,262,363 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 667,510,833 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 661,002,213 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 667,510,833 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 661,002,213 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,508,620 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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