taxes Property Tax Assistance

2023 ISD Summary Worksheet

Floydada ISD (all splits)   Floyd County  

077-Floyd/Floyd County

077-901/Floydada ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 64,266,700 0.8393 76,571,786 64,266,700
B - MULTIFAMILY 258,130 N/A 258,130 258,130
C1 - VACANT LOTS 685,581 N/A 685,581 685,581
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 38,284,660 2.0886 18,330,635 38,284,660
D2 - FARM & RANCH IMP 2,411,800 N/A 2,411,800 2,411,800
E - NON-AG LAND AND IMPROVEMENTS 32,071,501 0.8991 35,670,672 32,071,501
F1 - COMMERCIAL REAL 8,072,110 N/A 8,072,110 8,072,110
F2 - INDUSTRIAL REAL 358,651,740 N/A 358,651,740 358,651,740
G - ALL MINERALS 21,680 N/A 21,680 21,680
J - ALL UTILITIES 103,875,106 0.9435 110,095,502 103,875,106
L1 - COMMERCIAL PERSONAL 10,658,550 N/A 10,658,550 10,658,550
L2 - INDUSTRIAL PERSONAL 4,786,640 N/A 4,786,640 4,786,640
M1 - MOBILE HOMES 76,810 N/A 76,810 76,810
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 598,882 N/A 598,882 598,882
Subtotal 624,719,890 0 626,890,518 624,719,890
Less Total Deductions 431,256,069 0 437,977,017 431,256,069
Total Taxable Value 193,463,821 0 188,913,501 193,463,821

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 206,861,061 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 193,463,821 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 206,861,061 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 193,463,821 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 220,781,061 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 230,061,061 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 193,977,334 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 575,286,351 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 561,889,111 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 575,286,351 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 561,889,111 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 589,206,351 T13 plus the loss to the chapter 313 agreement
T16 598,486,351 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 562,402,624 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,397,240 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 13,920,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 9,280,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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077-901-02/Floydada ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 64,266,700 0.8393 76,571,786 64,266,700
B - MULTIFAMILY 258,130 N/A 258,130 258,130
C1 - VACANT LOTS 685,581 N/A 685,581 685,581
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 38,284,660 2.0886 18,330,635 38,284,660
D2 - FARM & RANCH IMP 2,411,800 N/A 2,411,800 2,411,800
E - NON-AG LAND AND IMPROVEMENTS 32,071,501 0.8991 35,670,672 32,071,501
F1 - COMMERCIAL REAL 8,072,110 N/A 8,072,110 8,072,110
F2 - INDUSTRIAL REAL 358,651,740 N/A 358,651,740 358,651,740
G - ALL MINERALS 21,680 N/A 21,680 21,680
J - ALL UTILITIES 103,875,106 0.9435 110,095,502 103,875,106
L1 - COMMERCIAL PERSONAL 10,658,550 N/A 10,658,550 10,658,550
L2 - INDUSTRIAL PERSONAL 4,786,640 N/A 4,786,640 4,786,640
M1 - MOBILE HOMES 76,810 N/A 76,810 76,810
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 598,882 N/A 598,882 598,882
Subtotal 624,719,890 626,890,518 624,719,890
Less Total Deductions 431,256,069 437,977,017 431,256,069
Total Taxable Value 193,463,821 188,913,501 193,463,821

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 206,861,061 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 193,463,821 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 206,861,061 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 193,463,821 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 220,781,061 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 230,061,061 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 193,977,334 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 575,286,351 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 561,889,111 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 575,286,351 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 561,889,111 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 589,206,351 T13 plus the loss to the chapter 313 agreement
T16 598,486,351 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 562,402,624 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,397,240 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 13,920,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 9,280,000 Loss to Second Previous Homestead Increase

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