taxes Property Tax Assistance

2024 ISD Summary Worksheet

Farwell ISD (all splits)   Bailey County   Parmer County  

009-Bailey/Bailey County

185-902/Farwell ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 11,924 N/A 11,924 11,924
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 3,040,294 N/A 3,040,294 3,040,294
D2 - FARM & RANCH IMP 1,186,045 N/A 1,186,045 1,186,045
E - NON-AG LAND AND IMPROVEMENTS 5,185,682 N/A 5,185,682 5,185,682
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 128,595 N/A 128,595 128,595
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 763,080 N/A 763,080 763,080
L1 - COMMERCIAL PERSONAL 83,990 N/A 83,990 83,990
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 221,325 N/A 221,325 221,325
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 10,620,935 0 10,620,935 10,620,935
Less Total Deductions 1,644,261 0 1,644,261 1,644,261
Total Taxable Value 8,976,674 0 8,976,674 8,976,674

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 9,654,677 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,976,674 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 9,654,677 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,976,674 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,954,677 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 10,154,677 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 8,976,674 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 9,654,677 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,976,674 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 9,654,677 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,976,674 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,954,677 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 10,154,677 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 8,976,674 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 678,003 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 300,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 200,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


Back to top


185-Parmer/Parmer County

185-902/Farwell ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 61,559,891 0.9818 62,701,050 61,559,891
B - MULTIFAMILY 3,975,781 N/A 3,975,781 3,975,781
C1 - VACANT LOTS 1,369,862 N/A 1,369,862 1,369,862
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 24,241,520 0.9862 24,579,524 24,241,520
D2 - FARM & RANCH IMP 6,616,885 N/A 6,616,885 6,616,885
E - NON-AG LAND AND IMPROVEMENTS 57,344,885 1.0509 54,567,404 57,344,885
F1 - COMMERCIAL REAL 12,271,461 N/A 12,271,461 12,271,461
F2 - INDUSTRIAL REAL 43,054,213 N/A 43,054,213 43,054,213
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 40,676,508 0.9464 42,980,249 40,676,508
L1 - COMMERCIAL PERSONAL 9,978,106 N/A 9,978,106 9,978,106
L2 - INDUSTRIAL PERSONAL 9,313,032 N/A 9,313,032 9,313,032
M1 - MOBILE HOMES 133,805 N/A 133,805 133,805
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 22,628 N/A 22,628 22,628
Subtotal 270,558,577 0 271,564,000 270,558,577
Less Total Deductions 58,727,578 0 59,429,365 58,727,578
Total Taxable Value 211,830,999 0 212,134,635 211,830,999

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 229,231,848 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 211,830,999 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 229,231,848 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 211,830,999 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 235,921,848 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 240,381,848 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 217,090,440 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 229,231,848 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 211,830,999 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 229,231,848 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 211,830,999 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 235,921,848 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 240,381,848 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 217,090,440 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 17,400,849 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 6,690,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,460,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


Back to top


185-902-02/Farwell ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 61,571,815 0.9818 62,712,974 61,571,815
B - MULTIFAMILY 3,975,781 N/A 3,975,781 3,975,781
C1 - VACANT LOTS 1,369,862 N/A 1,369,862 1,369,862
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 27,281,814 0.9878 27,619,818 27,281,814
D2 - FARM & RANCH IMP 7,802,930 N/A 7,802,930 7,802,930
E - NON-AG LAND AND IMPROVEMENTS 62,530,567 1.0465 59,753,086 62,530,567
F1 - COMMERCIAL REAL 12,271,461 N/A 12,271,461 12,271,461
F2 - INDUSTRIAL REAL 43,182,808 N/A 43,182,808 43,182,808
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 41,439,588 0.9473 43,743,329 41,439,588
L1 - COMMERCIAL PERSONAL 10,062,096 N/A 10,062,096 10,062,096
L2 - INDUSTRIAL PERSONAL 9,313,032 N/A 9,313,032 9,313,032
M1 - MOBILE HOMES 355,130 N/A 355,130 355,130
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 22,628 N/A 22,628 22,628
Subtotal 281,179,512 282,184,935 281,179,512
Less Total Deductions 60,371,839 61,073,626 60,371,839
Total Taxable Value 220,807,673 221,111,309 220,807,673

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 238,886,525 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 220,807,673 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 238,886,525 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 220,807,673 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 245,876,525 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 250,536,525 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 226,067,114 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 238,886,525 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 220,807,673 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 238,886,525 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 220,807,673 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 245,876,525 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 250,536,525 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 226,067,114 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 18,078,852 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 6,990,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,660,000 Loss to the third most recent increase in the state-mandated homestead exemption

Back to top