taxes Property Tax Assistance

2023 ISD Summary Worksheet

075-Fayette/Fayette County

075-901/Flatonia ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 175,654,473 0.9748 180,195,397 175,654,473
B - MULTIFAMILY 884,080 N/A 884,080 884,080
C1 - VACANT LOTS 7,415,361 N/A 7,415,361 7,415,361
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,297,517 0.9922 8,362,991 8,297,517
D2 - FARM & RANCH IMP 4,846,420 N/A 4,846,420 4,846,420
E - NON-AG LAND AND IMPROVEMENTS 339,238,270 0.9394 361,122,280 339,238,270
F1 - COMMERCIAL REAL 55,294,910 0.9493 58,248,088 55,294,910
F2 - INDUSTRIAL REAL 41,213,810 N/A 41,213,810 41,213,810
G - ALL MINERALS 76,618,360 1.0200 75,116,039 76,618,360
J - ALL UTILITIES 55,304,090 0.9527 58,049,848 55,304,090
L1 - COMMERCIAL PERSONAL 9,376,040 N/A 9,376,040 9,376,040
L2 - INDUSTRIAL PERSONAL 9,012,490 N/A 9,012,490 9,012,490
M1 - MOBILE HOMES 5,876,720 N/A 5,876,720 5,876,720
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 47,510 N/A 47,510 47,510
Subtotal 789,080,051 0 819,767,074 789,080,051
Less Total Deductions 188,536,650 0 192,797,855 188,536,650
Total Taxable Value 600,543,401 0 626,969,219 600,543,401

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 650,952,394 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 600,543,401 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 650,952,394 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 600,543,401 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 668,427,394 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 680,077,394 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 623,138,948 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 650,952,394 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 600,543,401 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 650,952,394 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 600,543,401 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 668,427,394 T13 plus the loss to the chapter 313 agreement
T16 680,077,394 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 623,138,948 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 50,408,993 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 17,475,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,650,000 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

075-901-02/Flatonia ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 175,654,473 0.9748 180,195,397 175,654,473
B - MULTIFAMILY 884,080 N/A 884,080 884,080
C1 - VACANT LOTS 7,415,361 N/A 7,415,361 7,415,361
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,297,517 0.9922 8,362,991 8,297,517
D2 - FARM & RANCH IMP 4,846,420 N/A 4,846,420 4,846,420
E - NON-AG LAND AND IMPROVEMENTS 339,238,270 0.9394 361,122,280 339,238,270
F1 - COMMERCIAL REAL 55,294,910 0.9493 58,248,088 55,294,910
F2 - INDUSTRIAL REAL 41,213,810 N/A 41,213,810 41,213,810
G - ALL MINERALS 76,618,360 1.0200 75,116,039 76,618,360
J - ALL UTILITIES 55,304,090 0.9527 58,049,848 55,304,090
L1 - COMMERCIAL PERSONAL 9,376,040 N/A 9,376,040 9,376,040
L2 - INDUSTRIAL PERSONAL 9,012,490 N/A 9,012,490 9,012,490
M1 - MOBILE HOMES 5,876,720 N/A 5,876,720 5,876,720
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 47,510 N/A 47,510 47,510
Subtotal 789,080,051 819,767,074 789,080,051
Less Total Deductions 188,536,650 192,797,855 188,536,650
Total Taxable Value 600,543,401 626,969,219 600,543,401

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 650,952,394 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 600,543,401 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 650,952,394 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 600,543,401 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 668,427,394 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 680,077,394 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 623,138,948 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 650,952,394 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 600,543,401 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 650,952,394 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 600,543,401 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 668,427,394 T13 plus the loss to the chapter 313 agreement
T16 680,077,394 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 623,138,948 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 50,408,993 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 17,475,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,650,000 Loss to Second Previous Homestead Increase