taxes Property Tax Assistance

2022 ISD Summary Worksheet

057-Dallas/Dallas County

070-905/Ferris ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 5,020,520 N/A 5,020,520 5,020,520
B - MULTIFAMILY 46,720 N/A 46,720 46,720
C1 - VACANT LOTS 6,589,230 N/A 6,589,230 6,589,230
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 124,484 N/A 124,484 124,484
D2 - FARM & RANCH IMP 93,460 N/A 93,460 93,460
E - NON-AG LAND AND IMPROVEMENTS 0 N/A 0 0
F1 - COMMERCIAL REAL 11,616,420 N/A 11,616,420 11,616,420
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 2,532,570 N/A 2,532,570 2,532,570
L1 - COMMERCIAL PERSONAL 22,251,780 N/A 22,251,780 22,251,780
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 111,870 N/A 111,870 111,870
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 48,387,054 0 48,387,054 48,387,054
Less Total Deductions 1,019,732 0 1,019,732 1,019,732
Total Taxable Value 47,367,322 0 47,367,322 47,367,322

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 T13
47,596,615 47,367,322 47,596,615 47,367,322 47,806,615


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
229,293 0 210,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
47,596,615 47,367,322 47,596,615 47,367,322 47,806,615

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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

070-Ellis/Ellis County

070-905/Ferris ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 633,647,904 0.9253 684,802,663 633,647,904
B - MULTIFAMILY 11,322,982 N/A 11,322,982 11,322,982
C1 - VACANT LOTS 21,930,609 N/A 21,930,609 21,930,609
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,114,908 2.0440 2,991,711 6,114,908
D2 - FARM & RANCH IMP 3,837,583 N/A 3,837,583 3,837,583
E - NON-AG LAND AND IMPROVEMENTS 155,490,376 0.9838 158,050,799 155,490,376
F1 - COMMERCIAL REAL 62,589,541 1.0937 57,227,339 62,589,541
F2 - INDUSTRIAL REAL 8,343,438 N/A 8,343,438 8,343,438
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 23,719,462 N/A 23,719,462 23,719,462
L1 - COMMERCIAL PERSONAL 11,499,930 N/A 11,499,930 11,499,930
L2 - INDUSTRIAL PERSONAL 31,407,578 N/A 31,407,578 31,407,578
M1 - MOBILE HOMES 28,556,746 N/A 28,556,746 28,556,746
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,103,083 N/A 8,103,083 8,103,083
S - SPECIAL INVENTORY 230,237 N/A 230,237 230,237
Subtotal 1,006,794,377 0 1,052,024,160 1,006,794,377
Less Total Deductions 240,550,329 0 259,264,381 240,550,329
Total Taxable Value 766,244,048 0 792,759,779 766,244,048

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 T13
792,869,265 766,244,048 792,869,265 766,244,048 814,989,265


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
26,625,217 0 22,120,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
792,869,265 766,244,048 792,869,265 766,244,048 814,989,265

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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

070-905-02/Ferris ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 638,668,424 0.9258 689,823,183 638,668,424
B - MULTIFAMILY 11,369,702 N/A 11,369,702 11,369,702
C1 - VACANT LOTS 28,519,839 N/A 28,519,839 28,519,839
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,239,392 2.0022 3,116,195 6,239,392
D2 - FARM & RANCH IMP 3,931,043 N/A 3,931,043 3,931,043
E - NON-AG LAND AND IMPROVEMENTS 155,490,376 0.9838 158,050,799 155,490,376
F1 - COMMERCIAL REAL 74,205,961 1.0779 68,843,759 74,205,961
F2 - INDUSTRIAL REAL 8,343,438 N/A 8,343,438 8,343,438
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 26,252,032 N/A 26,252,032 26,252,032
L1 - COMMERCIAL PERSONAL 33,751,710 N/A 33,751,710 33,751,710
L2 - INDUSTRIAL PERSONAL 31,407,578 N/A 31,407,578 31,407,578
M1 - MOBILE HOMES 28,668,616 N/A 28,668,616 28,668,616
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,103,083 N/A 8,103,083 8,103,083
S - SPECIAL INVENTORY 230,237 N/A 230,237 230,237
Subtotal 1,055,181,431 1,100,411,214 1,055,181,431
Less Total Deductions 241,570,061 260,284,113 241,570,061
Total Taxable Value 813,611,370 840,127,101 813,611,370

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 T13
840,465,880 813,611,370 840,465,880 813,611,370 862,795,880


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
26,854,510 0 22,330,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
840,465,880 813,611,370 840,465,880 813,611,370 862,795,880

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement