taxes Property Tax Assistance

2021 ISD Summary Worksheet

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 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
9,692,116	9,532,116	9,692,116	9,532,116

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
160,000	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
9,692,116	9,532,116	9,692,116	9,532,116

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

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 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
167,327,135	163,531,402	167,327,135	163,531,402

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,795,733	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
167,327,135	163,531,402	167,327,135	163,531,402

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

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 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
177,019,251	173,063,518	177,019,251	173,063,518

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,955,733	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
177,019,251	173,063,518	177,019,251	173,063,518

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