taxes Property Tax Assistance

2025 ISD Summary Worksheet

Farwell ISD (all splits)   Bailey County   Parmer County  

009-Bailey/Bailey County

185-902/Farwell ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 13,123 N/A 13,123 13,123
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 4,342,733 N/A 4,342,733 4,342,733
D2 - FARM & RANCH IMP 1,351,004 N/A 1,351,004 1,351,004
E - NON-AG LAND AND IMPROVEMENTS 5,683,560 N/A 5,683,560 5,683,560
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 131,749 N/A 131,749 131,749
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 742,200 N/A 742,200 742,200
L1 - COMMERCIAL PERSONAL 102,875 N/A 102,875 102,875
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 248,654 N/A 248,654 248,654
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 12,615,898 0 12,615,898 12,615,898
Less Total Deductions 1,732,089 0 1,732,089 1,732,089
Total Taxable Value 10,883,809 0 10,883,809 10,883,809

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 11,205,327 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 10,883,809 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 11,205,327 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 10,883,809 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 11,889,375 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 12,099,374 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 10,883,908 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
T19 12,239,373 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 10,983,809 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 11,205,327 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 10,883,809 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 11,205,327 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 10,883,809 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 11,889,375 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 12,099,374 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 10,883,908 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
T20 12,239,373 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 10,983,809 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 321,518 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 684,048 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 209,999 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 139,999 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 100,000 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED.


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185-Parmer/Parmer County

185-902/Farwell ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 67,254,572 N/A 67,254,572 67,254,572
B - MULTIFAMILY 3,943,329 N/A 3,943,329 3,943,329
C1 - VACANT LOTS 1,317,041 N/A 1,317,041 1,317,041
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 32,675,211 N/A 32,675,211 32,675,211
D2 - FARM & RANCH IMP 6,437,749 N/A 6,437,749 6,437,749
E - NON-AG LAND AND IMPROVEMENTS 61,949,165 N/A 61,949,165 61,949,165
F1 - COMMERCIAL REAL 12,064,832 N/A 12,064,832 12,064,832
F2 - INDUSTRIAL REAL 41,097,726 N/A 41,097,726 41,097,726
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 40,739,304 N/A 40,739,304 40,739,304
L1 - COMMERCIAL PERSONAL 6,982,368 N/A 6,982,368 6,982,368
L2 - INDUSTRIAL PERSONAL 9,854,468 N/A 9,854,468 9,854,468
M1 - MOBILE HOMES 277,787 N/A 277,787 277,787
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 14,713 N/A 14,713 14,713
Subtotal 284,608,265 0 284,608,265 284,608,265
Less Total Deductions 69,183,666 0 69,183,666 69,183,666
Total Taxable Value 215,424,599 0 215,424,599 215,424,599

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 224,711,603 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 215,424,599 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 224,711,603 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 215,424,599 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 245,086,634 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 251,360,465 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 216,275,264 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
T19 255,729,865 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 218,571,368 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 224,711,603 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 215,424,599 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 224,711,603 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 215,424,599 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 245,086,634 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 251,360,465 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 216,275,264 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
T20 255,729,865 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 218,571,368 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 9,287,004 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 20,375,031 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 6,273,831 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 4,369,400 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 3,146,769 Loss to the increase in the Over-65/Disabled Homestead

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


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185-902-02/Farwell ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 67,267,695 N/A 67,267,695 67,267,695
B - MULTIFAMILY 3,943,329 N/A 3,943,329 3,943,329
C1 - VACANT LOTS 1,317,041 N/A 1,317,041 1,317,041
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 37,017,944 N/A 37,017,944 37,017,944
D2 - FARM & RANCH IMP 7,788,753 N/A 7,788,753 7,788,753
E - NON-AG LAND AND IMPROVEMENTS 67,632,725 N/A 67,632,725 67,632,725
F1 - COMMERCIAL REAL 12,064,832 N/A 12,064,832 12,064,832
F2 - INDUSTRIAL REAL 41,229,475 N/A 41,229,475 41,229,475
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 41,481,504 N/A 41,481,504 41,481,504
L1 - COMMERCIAL PERSONAL 7,085,243 N/A 7,085,243 7,085,243
L2 - INDUSTRIAL PERSONAL 9,854,468 N/A 9,854,468 9,854,468
M1 - MOBILE HOMES 526,441 N/A 526,441 526,441
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 14,713 N/A 14,713 14,713
Subtotal 297,224,163 297,224,163 297,224,163
Less Total Deductions 70,915,755 70,915,755 70,915,755
Total Taxable Value 226,308,408 226,308,408 226,308,408

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 235,916,930 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 226,308,408 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 235,916,930 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 226,308,408 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 256,976,009 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 263,459,839 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 227,159,172 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
T19 267,969,238 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 229,555,177 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 235,916,930 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 226,308,408 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 235,916,930 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 226,308,408 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 256,976,009 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 263,459,839 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 227,159,172 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
T20 267,969,238 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 229,555,177 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 9,608,522 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 21,059,079 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 6,483,830 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 4,509,399 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 3,246,769 Loss to the increase in the Over-65/Disabled Homestead

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