taxes Property Tax Assistance

2022 ISD Summary Worksheet

043-Collin/Collin County

043-904/Farmersville ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 792,099,907 0.9660 819,979,200 792,099,907
B - MULTIFAMILY 7,903,302 N/A 7,903,302 7,903,302
C1 - VACANT LOTS 45,802,811 N/A 45,802,811 45,802,811
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,820,130 1.4976 2,550,870 3,820,130
D2 - FARM & RANCH IMP 5,817,760 N/A 5,817,760 5,817,760
E - NON-AG LAND AND IMPROVEMENTS 290,810,389 0.9672 300,672,445 290,810,389
F1 - COMMERCIAL REAL 81,580,117 0.8095 100,778,403 81,580,117
F2 - INDUSTRIAL REAL 14,608,921 N/A 14,608,921 14,608,921
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 89,051,403 0.9721 91,607,245 89,051,403
L1 - COMMERCIAL PERSONAL 26,290,680 N/A 26,290,680 26,290,680
L2 - INDUSTRIAL PERSONAL 12,402,854 N/A 12,402,854 12,402,854
M1 - MOBILE HOMES 11,667,548 N/A 11,667,548 11,667,548
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,876,191 N/A 8,876,191 8,876,191
S - SPECIAL INVENTORY 853,922 N/A 853,922 853,922
Subtotal 1,391,585,935 0 1,449,812,152 1,391,585,935
Less Total Deductions 280,028,674 0 290,557,500 280,028,674
Total Taxable Value 1,111,557,261 0 1,159,254,652 1,111,557,261

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

Measure Value Description
T1 1,140,321,035 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,111,557,261 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,140,321,035 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,111,557,261 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,162,091,035 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,140,321,035 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,111,557,261 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,140,321,035 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,111,557,261 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,162,091,035 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 28,763,774 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 21,770,000 Loss to the previous increase in the state-mandated homestead

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

043-904-02/Farmersville ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 792,099,907 0.9660 819,979,200 792,099,907
B - MULTIFAMILY 7,903,302 N/A 7,903,302 7,903,302
C1 - VACANT LOTS 45,802,811 N/A 45,802,811 45,802,811
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,820,130 1.4976 2,550,870 3,820,130
D2 - FARM & RANCH IMP 5,817,760 N/A 5,817,760 5,817,760
E - NON-AG LAND AND IMPROVEMENTS 290,810,389 0.9672 300,672,445 290,810,389
F1 - COMMERCIAL REAL 81,580,117 0.8095 100,778,403 81,580,117
F2 - INDUSTRIAL REAL 14,608,921 N/A 14,608,921 14,608,921
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 89,051,403 0.9721 91,607,245 89,051,403
L1 - COMMERCIAL PERSONAL 26,290,680 N/A 26,290,680 26,290,680
L2 - INDUSTRIAL PERSONAL 12,402,854 N/A 12,402,854 12,402,854
M1 - MOBILE HOMES 11,667,548 N/A 11,667,548 11,667,548
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,876,191 N/A 8,876,191 8,876,191
S - SPECIAL INVENTORY 853,922 N/A 853,922 853,922
Subtotal 1,391,585,935 1,449,812,152 1,391,585,935
Less Total Deductions 280,028,674 290,557,500 280,028,674
Total Taxable Value 1,111,557,261 1,159,254,652 1,111,557,261

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

Measure Value Description
T1 1,140,321,035 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,111,557,261 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,140,321,035 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,111,557,261 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,162,091,035 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,140,321,035 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,111,557,261 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,140,321,035 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,111,557,261 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,162,091,035 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 28,763,774 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 21,770,000 Loss to the previous increase in the state-mandated homestead