taxes Property Tax Assistance

2025 ISD Summary Worksheet

Floydada ISD (all splits)   Floyd County  

077-Floyd/Floyd County

077-901/Floydada ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 89,184,330 0.9311 95,783,836 95,783,836
B - MULTIFAMILY 258,130 N/A 258,130 258,130
C1 - VACANT LOTS 687,470 N/A 687,470 687,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 35,019,600 0.9584 36,537,948 36,537,948
D2 - FARM & RANCH IMP 2,531,300 N/A 2,531,300 2,531,300
E - NON-AG LAND AND IMPROVEMENTS 41,828,771 0.8279 50,523,941 50,523,941
F1 - COMMERCIAL REAL 8,004,250 N/A 8,004,250 8,004,250
F2 - INDUSTRIAL REAL 271,766,770 N/A 271,766,770 271,766,770
G - ALL MINERALS 19,570 N/A 19,570 19,570
J - ALL UTILITIES 107,881,322 0.9249 116,641,066 116,641,066
L1 - COMMERCIAL PERSONAL 10,375,210 N/A 10,375,210 10,375,210
L2 - INDUSTRIAL PERSONAL 5,335,750 N/A 5,335,750 5,335,750
M1 - MOBILE HOMES 83,730 N/A 83,730 83,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 894,100 N/A 894,100 894,100
Subtotal 573,870,303 0 599,443,071 599,443,071
Less Total Deductions 211,410,935 0 213,506,892 213,506,892
Total Taxable Value 362,459,368 0 385,936,179 385,936,179

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 393,972,341 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 385,936,179 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 393,972,341 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 385,936,179 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 420,099,600 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 430,808,924 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 386,977,036 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 439,244,093 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 387,704,242 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 510,668,911 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 502,632,749 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 510,668,911 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 502,632,749 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 536,796,170 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 547,505,494 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 503,673,606 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 555,940,663 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 504,400,812 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,036,162 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 26,127,259 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 10,709,324 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 8,435,169 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 1,768,063 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT WAS NOT VALID IN THE LAST TWO STUDIES.


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077-901-02/Floydada ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 89,184,330 0.9311 95,783,836 95,783,836
B - MULTIFAMILY 258,130 N/A 258,130 258,130
C1 - VACANT LOTS 687,470 N/A 687,470 687,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 35,019,600 0.9584 36,537,948 36,537,948
D2 - FARM & RANCH IMP 2,531,300 N/A 2,531,300 2,531,300
E - NON-AG LAND AND IMPROVEMENTS 41,828,771 0.8279 50,523,941 50,523,941
F1 - COMMERCIAL REAL 8,004,250 N/A 8,004,250 8,004,250
F2 - INDUSTRIAL REAL 271,766,770 N/A 271,766,770 271,766,770
G - ALL MINERALS 19,570 N/A 19,570 19,570
J - ALL UTILITIES 107,881,322 0.9249 116,641,066 116,641,066
L1 - COMMERCIAL PERSONAL 10,375,210 N/A 10,375,210 10,375,210
L2 - INDUSTRIAL PERSONAL 5,335,750 N/A 5,335,750 5,335,750
M1 - MOBILE HOMES 83,730 N/A 83,730 83,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 894,100 N/A 894,100 894,100
Subtotal 573,870,303 599,443,071 599,443,071
Less Total Deductions 211,410,935 213,506,892 213,506,892
Total Taxable Value 362,459,368 385,936,179 385,936,179

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 393,972,341 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 385,936,179 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 393,972,341 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 385,936,179 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 420,099,600 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 430,808,924 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 386,977,036 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 439,244,093 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 387,704,242 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 510,668,911 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 502,632,749 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 510,668,911 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 502,632,749 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 536,796,170 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 547,505,494 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 503,673,606 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 555,940,663 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 504,400,812 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,036,162 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 26,127,259 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 10,709,324 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 8,435,169 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 1,768,063 Loss to the increase in the Over-65/Disabled Homestead

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