taxes Property Tax Assistance

2022 ISD Summary Worksheet

Floydada ISD (all splits)   Floyd County  

077-Floyd/Floyd County

077-901/Floydada ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 51,246,450 0.8075 63,463,096 51,246,450
B - MULTIFAMILY 258,130 N/A 258,130 258,130
C1 - VACANT LOTS 695,031 N/A 695,031 695,031
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 41,025,830 1.0485 39,129,927 41,025,830
D2 - FARM & RANCH IMP 2,389,230 N/A 2,389,230 2,389,230
E - NON-AG LAND AND IMPROVEMENTS 25,626,491 0.7992 32,065,179 25,626,491
F1 - COMMERCIAL REAL 7,984,440 N/A 7,984,440 7,984,440
F2 - INDUSTRIAL REAL 399,919,770 N/A 399,919,770 399,919,770
G - ALL MINERALS 26,730 N/A 26,730 26,730
J - ALL UTILITIES 105,580,800 0.9373 112,643,551 105,580,800
L1 - COMMERCIAL PERSONAL 9,255,690 N/A 9,255,690 9,255,690
L2 - INDUSTRIAL PERSONAL 4,450,470 N/A 4,450,470 4,450,470
M1 - MOBILE HOMES 78,360 N/A 78,360 78,360
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,000,587 N/A 1,000,587 1,000,587
Subtotal 649,538,009 0 673,360,191 649,538,009
Less Total Deductions 347,795,256 0 353,904,181 347,795,256
Total Taxable Value 301,742,753 0 319,456,010 301,742,753

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 307,676,443 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 301,742,753 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 307,676,443 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 301,742,753 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 317,106,443 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 618,963,503 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 613,029,813 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 618,963,503 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 613,029,813 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 628,393,503 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,933,690 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
LOSS_PREV_INCR_HMSTD 9,430,000 Loss to the second most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD.


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077-901-02/Floydada ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 51,246,450 0.8075 63,463,096 51,246,450
B - MULTIFAMILY 258,130 N/A 258,130 258,130
C1 - VACANT LOTS 695,031 N/A 695,031 695,031
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 41,025,830 1.0485 39,129,927 41,025,830
D2 - FARM & RANCH IMP 2,389,230 N/A 2,389,230 2,389,230
E - NON-AG LAND AND IMPROVEMENTS 25,626,491 0.7992 32,065,179 25,626,491
F1 - COMMERCIAL REAL 7,984,440 N/A 7,984,440 7,984,440
F2 - INDUSTRIAL REAL 399,919,770 N/A 399,919,770 399,919,770
G - ALL MINERALS 26,730 N/A 26,730 26,730
J - ALL UTILITIES 105,580,800 0.9373 112,643,551 105,580,800
L1 - COMMERCIAL PERSONAL 9,255,690 N/A 9,255,690 9,255,690
L2 - INDUSTRIAL PERSONAL 4,450,470 N/A 4,450,470 4,450,470
M1 - MOBILE HOMES 78,360 N/A 78,360 78,360
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,000,587 N/A 1,000,587 1,000,587
Subtotal 649,538,009 673,360,191 649,538,009
Less Total Deductions 347,795,256 353,904,181 347,795,256
Total Taxable Value 301,742,753 319,456,010 301,742,753

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 307,676,443 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 301,742,753 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 307,676,443 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 301,742,753 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 317,106,443 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 618,963,503 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 613,029,813 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 618,963,503 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 613,029,813 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 628,393,503 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,933,690 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
LOSS_PREV_INCR_HMSTD 9,430,000 Loss to the second most recent increase in the state-mandated homestead exemption

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