taxes Property Tax Assistance

2022 ISD Summary Worksheet

Farwell ISD (all splits)   Bailey County   Parmer County  

009-Bailey/Bailey County

185-902/Farwell ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 8,389 N/A 8,389 8,389
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 2,344,097 N/A 2,344,097 2,344,097
D2 - FARM & RANCH IMP 917,471 N/A 917,471 917,471
E - NON-AG LAND AND IMPROVEMENTS 4,721,112 N/A 4,721,112 4,721,112
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 119,344 N/A 119,344 119,344
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 593,290 N/A 593,290 593,290
L1 - COMMERCIAL PERSONAL 743,245 N/A 743,245 743,245
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 118,071 N/A 118,071 118,071
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 9,565,019 0 9,565,019 9,565,019
Less Total Deductions 979,315 0 979,315 979,315
Total Taxable Value 8,585,704 0 8,585,704 8,585,704

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 8,816,218 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,585,704 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 8,816,218 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,585,704 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,026,218 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 8,816,218 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,585,704 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 8,816,218 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,585,704 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,026,218 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 230,514 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 210,000 Loss to the second most recent increase in the state-mandated 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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 41,209,694 0.8646 47,663,306 47,663,306
B - MULTIFAMILY 1,607,746 N/A 1,607,746 1,607,746
C1 - VACANT LOTS 942,345 N/A 942,345 942,345
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,588,216 1.0475 11,063,181 11,063,181
D2 - FARM & RANCH IMP 3,552,364 N/A 3,552,364 3,552,364
E - NON-AG LAND AND IMPROVEMENTS 36,246,161 0.9716 37,305,641 37,305,641
F1 - COMMERCIAL REAL 6,942,783 N/A 6,942,783 6,942,783
F2 - INDUSTRIAL REAL 32,088,695 N/A 32,088,695 32,088,695
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 36,729,732 0.9574 38,364,040 38,364,040
L1 - COMMERCIAL PERSONAL 6,178,538 N/A 6,178,538 6,178,538
L2 - INDUSTRIAL PERSONAL 10,345,245 N/A 10,345,245 10,345,245
M1 - MOBILE HOMES 159,547 N/A 159,547 159,547
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 26,861 N/A 26,861 26,861
Subtotal 187,617,927 0 196,240,292 196,240,292
Less Total Deductions 23,136,142 0 26,151,494 26,151,494
Total Taxable Value 164,481,785 0 170,088,798 170,088,798

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 174,970,619 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 170,088,798 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 174,970,619 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 170,088,798 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 179,310,619 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 174,970,619 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 170,088,798 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 174,970,619 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 170,088,798 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 179,310,619 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 4,881,821 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 4,340,000 Loss to the second most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW).


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185-902-02/Farwell ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 41,218,083 0.8646 47,671,695 47,671,695
B - MULTIFAMILY 1,607,746 N/A 1,607,746 1,607,746
C1 - VACANT LOTS 942,345 N/A 942,345 942,345
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,932,313 1.0392 13,407,278 13,407,278
D2 - FARM & RANCH IMP 4,469,835 N/A 4,469,835 4,469,835
E - NON-AG LAND AND IMPROVEMENTS 40,967,273 0.9748 42,026,753 42,026,753
F1 - COMMERCIAL REAL 6,942,783 N/A 6,942,783 6,942,783
F2 - INDUSTRIAL REAL 32,208,039 N/A 32,208,039 32,208,039
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 37,323,022 0.9580 38,957,330 38,957,330
L1 - COMMERCIAL PERSONAL 6,921,783 N/A 6,921,783 6,921,783
L2 - INDUSTRIAL PERSONAL 10,345,245 N/A 10,345,245 10,345,245
M1 - MOBILE HOMES 277,618 N/A 277,618 277,618
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 26,861 N/A 26,861 26,861
Subtotal 197,182,946 205,805,311 205,805,311
Less Total Deductions 24,115,457 27,130,809 27,130,809
Total Taxable Value 173,067,489 178,674,502 178,674,502

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 183,786,837 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 178,674,502 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 183,786,837 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 178,674,502 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 188,336,837 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 183,786,837 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 178,674,502 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 183,786,837 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 178,674,502 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 188,336,837 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 5,112,335 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 4,550,000 Loss to the second most recent increase in the state-mandated homestead exemption

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