taxes Property Tax Assistance

2024 ISD Summary Worksheet

Farmersville ISD (all splits)   Collin County  

043-Collin/Collin County

043-904/Farmersville ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 985,831,255 0.9824 1,003,492,727 985,831,255
B - MULTIFAMILY 11,620,989 N/A 11,620,989 11,620,989
C1 - VACANT LOTS 48,771,555 N/A 48,771,555 48,771,555
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,582,330 1.4395 2,488,621 3,582,330
D2 - FARM & RANCH IMP 6,099,016 N/A 6,099,016 6,099,016
E - NON-AG LAND AND IMPROVEMENTS 312,806,451 0.9790 319,516,293 312,806,451
F1 - COMMERCIAL REAL 116,425,687 0.9210 126,412,255 116,425,687
F2 - INDUSTRIAL REAL 16,184,369 N/A 16,184,369 16,184,369
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 113,206,455 1.0116 111,908,319 113,206,455
L1 - COMMERCIAL PERSONAL 52,156,398 N/A 52,156,398 52,156,398
L2 - INDUSTRIAL PERSONAL 11,787,886 N/A 11,787,886 11,787,886
M1 - MOBILE HOMES 19,640,621 N/A 19,640,621 19,640,621
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 49,384,728 N/A 49,384,728 49,384,728
S - SPECIAL INVENTORY 862,580 N/A 862,580 862,580
Subtotal 1,748,360,320 0 1,780,326,357 1,748,360,320
Less Total Deductions 483,654,750 0 489,876,027 483,654,750
Total Taxable Value 1,264,705,570 0 1,290,450,330 1,264,705,570

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 1,396,412,919 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,264,705,570 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,396,412,919 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,264,705,570 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,435,127,919 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,460,937,919 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,328,219,206 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 1,396,412,919 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,264,705,570 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,396,412,919 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,264,705,570 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,435,127,919 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,460,937,919 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,328,219,206 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 131,707,349 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 38,715,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 25,810,000 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.


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043-904-02/Farmersville ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 985,831,255 0.9824 1,003,492,727 985,831,255
B - MULTIFAMILY 11,620,989 N/A 11,620,989 11,620,989
C1 - VACANT LOTS 48,771,555 N/A 48,771,555 48,771,555
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,582,330 1.4395 2,488,621 3,582,330
D2 - FARM & RANCH IMP 6,099,016 N/A 6,099,016 6,099,016
E - NON-AG LAND AND IMPROVEMENTS 312,806,451 0.9790 319,516,293 312,806,451
F1 - COMMERCIAL REAL 116,425,687 0.9210 126,412,255 116,425,687
F2 - INDUSTRIAL REAL 16,184,369 N/A 16,184,369 16,184,369
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 113,206,455 1.0116 111,908,319 113,206,455
L1 - COMMERCIAL PERSONAL 52,156,398 N/A 52,156,398 52,156,398
L2 - INDUSTRIAL PERSONAL 11,787,886 N/A 11,787,886 11,787,886
M1 - MOBILE HOMES 19,640,621 N/A 19,640,621 19,640,621
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 49,384,728 N/A 49,384,728 49,384,728
S - SPECIAL INVENTORY 862,580 N/A 862,580 862,580
Subtotal 1,748,360,320 1,780,326,357 1,748,360,320
Less Total Deductions 483,654,750 489,876,027 483,654,750
Total Taxable Value 1,264,705,570 1,290,450,330 1,264,705,570

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 1,396,412,919 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,264,705,570 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,396,412,919 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,264,705,570 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,435,127,919 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,460,937,919 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,328,219,206 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 1,396,412,919 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,264,705,570 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,396,412,919 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,264,705,570 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,435,127,919 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,460,937,919 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,328,219,206 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 131,707,349 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 38,715,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 25,810,000 Loss to the third most recent increase in the state-mandated homestead exemption

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