taxes Property Tax Assistance

2023 ISD Summary Worksheet

043-Collin/Collin County

043-904/Farmersville ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 911,100,963 N/A 911,100,963 911,100,963
B - MULTIFAMILY 13,233,675 N/A 13,233,675 13,233,675
C1 - VACANT LOTS 47,453,153 N/A 47,453,153 47,453,153
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,765,089 N/A 3,765,089 3,765,089
D2 - FARM & RANCH IMP 6,533,582 N/A 6,533,582 6,533,582
E - NON-AG LAND AND IMPROVEMENTS 327,482,277 N/A 327,482,277 327,482,277
F1 - COMMERCIAL REAL 98,162,819 N/A 98,162,819 98,162,819
F2 - INDUSTRIAL REAL 15,976,343 N/A 15,976,343 15,976,343
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 95,373,880 N/A 95,373,880 95,373,880
L1 - COMMERCIAL PERSONAL 32,840,614 N/A 32,840,614 32,840,614
L2 - INDUSTRIAL PERSONAL 12,956,910 N/A 12,956,910 12,956,910
M1 - MOBILE HOMES 13,713,510 N/A 13,713,510 13,713,510
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 10,799,662 N/A 10,799,662 10,799,662
S - SPECIAL INVENTORY 830,030 N/A 830,030 830,030
Subtotal 1,590,222,507 0 1,590,222,507 1,590,222,507
Less Total Deductions 471,482,929 0 471,482,929 471,482,929
Total Taxable Value 1,118,739,578 0 1,118,739,578 1,118,739,578

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 1,238,602,424 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,118,739,578 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 1,238,602,424 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,118,739,578 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,273,147,424 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,296,177,424 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,152,117,931 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 1,238,602,424 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,118,739,578 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 1,238,602,424 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,118,739,578 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,273,147,424 T13 plus the loss to the chapter 313 agreement
T16 1,296,177,424 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,152,117,931 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 119,862,846 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 34,545,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 23,030,000 Loss to Second Previous Homestead Increase

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

043-904-02/Farmersville ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 911,100,963 N/A 911,100,963 911,100,963
B - MULTIFAMILY 13,233,675 N/A 13,233,675 13,233,675
C1 - VACANT LOTS 47,453,153 N/A 47,453,153 47,453,153
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,765,089 N/A 3,765,089 3,765,089
D2 - FARM & RANCH IMP 6,533,582 N/A 6,533,582 6,533,582
E - NON-AG LAND AND IMPROVEMENTS 327,482,277 N/A 327,482,277 327,482,277
F1 - COMMERCIAL REAL 98,162,819 N/A 98,162,819 98,162,819
F2 - INDUSTRIAL REAL 15,976,343 N/A 15,976,343 15,976,343
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 95,373,880 N/A 95,373,880 95,373,880
L1 - COMMERCIAL PERSONAL 32,840,614 N/A 32,840,614 32,840,614
L2 - INDUSTRIAL PERSONAL 12,956,910 N/A 12,956,910 12,956,910
M1 - MOBILE HOMES 13,713,510 N/A 13,713,510 13,713,510
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 10,799,662 N/A 10,799,662 10,799,662
S - SPECIAL INVENTORY 830,030 N/A 830,030 830,030
Subtotal 1,590,222,507 1,590,222,507 1,590,222,507
Less Total Deductions 471,482,929 471,482,929 471,482,929
Total Taxable Value 1,118,739,578 1,118,739,578 1,118,739,578

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 1,238,602,424 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,118,739,578 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 1,238,602,424 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,118,739,578 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,273,147,424 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,296,177,424 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,152,117,931 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 1,238,602,424 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,118,739,578 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 1,238,602,424 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,118,739,578 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,273,147,424 T13 plus the loss to the chapter 313 agreement
T16 1,296,177,424 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,152,117,931 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 119,862,846 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 34,545,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 23,030,000 Loss to Second Previous Homestead Increase