taxes Property Tax Assistance

2021 ISD Summary Worksheet

Farwell ISD (all splits)   Bailey County   Parmer County  

009-Bailey/Bailey County

185-902/Farwell ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 6,962 N/A 6,962 6,962
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,324,266 N/A 2,324,266 2,324,266
D2 - FARM & RANCH IMP 915,217 N/A 915,217 915,217
E - NON-AG LAND AND IMPROVEMENTS 4,415,744 N/A 4,415,744 4,415,744
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 118,145 N/A 118,145 118,145
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 553,220 N/A 553,220 553,220
L1 - COMMERCIAL PERSONAL 1,807,665 N/A 1,807,665 1,807,665
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 101,470 N/A 101,470 101,470
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 10,242,689 0 10,242,689 10,242,689
Less Total Deductions 710,573 0 710,573 710,573
Total Taxable Value 9,532,116 0 9,532,116 9,532,116

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 9,692,116 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 9,532,116 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 9,692,116 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 9,532,116 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 9,692,116 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 9,532,116 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 9,692,116 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 9,532,116 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 160,000 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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185-Parmer/Parmer County

185-902/Farwell ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 41,807,429 N/A 41,807,429 41,807,429
B - MULTIFAMILY 1,594,865 N/A 1,594,865 1,594,865
C1 - VACANT LOTS 949,176 N/A 949,176 949,176
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,251,185 N/A 14,251,185 14,251,185
D2 - FARM & RANCH IMP 3,631,423 N/A 3,631,423 3,631,423
E - NON-AG LAND AND IMPROVEMENTS 36,331,560 N/A 36,331,560 36,331,560
F1 - COMMERCIAL REAL 7,124,846 N/A 7,124,846 7,124,846
F2 - INDUSTRIAL REAL 28,083,226 N/A 28,083,226 28,083,226
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 33,315,729 N/A 33,315,729 33,315,729
L1 - COMMERCIAL PERSONAL 6,205,059 N/A 6,205,059 6,205,059
L2 - INDUSTRIAL PERSONAL 9,565,587 N/A 9,565,587 9,565,587
M1 - MOBILE HOMES 164,270 N/A 164,270 164,270
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 151,399 N/A 151,399 151,399
Subtotal 183,175,754 0 183,175,754 183,175,754
Less Total Deductions 19,644,352 0 19,644,352 19,644,352
Total Taxable Value 163,531,402 0 163,531,402 163,531,402

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 167,327,135 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 163,531,402 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 167,327,135 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 163,531,402 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 167,327,135 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 163,531,402 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 167,327,135 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 163,531,402 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,795,733 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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185-902-02/Farwell ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 41,814,391 N/A 41,814,391 41,814,391
B - MULTIFAMILY 1,594,865 N/A 1,594,865 1,594,865
C1 - VACANT LOTS 949,176 N/A 949,176 949,176
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,575,451 N/A 16,575,451 16,575,451
D2 - FARM & RANCH IMP 4,546,640 N/A 4,546,640 4,546,640
E - NON-AG LAND AND IMPROVEMENTS 40,747,304 N/A 40,747,304 40,747,304
F1 - COMMERCIAL REAL 7,124,846 N/A 7,124,846 7,124,846
F2 - INDUSTRIAL REAL 28,201,371 N/A 28,201,371 28,201,371
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 33,868,949 N/A 33,868,949 33,868,949
L1 - COMMERCIAL PERSONAL 8,012,724 N/A 8,012,724 8,012,724
L2 - INDUSTRIAL PERSONAL 9,565,587 N/A 9,565,587 9,565,587
M1 - MOBILE HOMES 265,740 N/A 265,740 265,740
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 151,399 N/A 151,399 151,399
Subtotal 193,418,443 193,418,443 193,418,443
Less Total Deductions 20,354,925 20,354,925 20,354,925
Total Taxable Value 173,063,518 173,063,518 173,063,518

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 177,019,251 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 173,063,518 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 177,019,251 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 173,063,518 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 177,019,251 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 173,063,518 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 177,019,251 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 173,063,518 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,955,733 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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