taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

009/Bailey

185-902/Farwell ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 104,604 N/A 104,604 104,604
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,362,535 N/A 3,362,535 3,362,535
D2. Real Prop Farm & Ranch 1,076,795 N/A 1,076,795 1,076,795
E. Real Prop NonQual Acres 2,686,438 N/A 2,686,438 2,686,438
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 117,805 N/A 117,805 117,805
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 334,110 N/A 334,110 334,110
L1. Commercial Personal 131,050 N/A 131,050 131,050
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 10,236 N/A 10,236 10,236
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 7,823,573 7,823,573 7,823,573
Less Total Deductions 597,507   597,507 597,507
Total Taxable Value 7,226,066 7,226,066 7,226,066 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
7,436,066 7,226,066 7,436,066 7,226,066 7,226,066 7,226,066


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
210,000 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
7,436,066 7,226,066 7,436,066 7,226,066 7,226,066 7,226,066

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

185/Parmer

185-902/Farwell ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 32,328,084 N/A 32,328,084 32,328,084
B. Multi-Family Residences 754,362 N/A 754,362 754,362
C1. Vacant Lots 512,851 N/A 512,851 512,851
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,750,972 N/A 22,750,972 22,750,972
D2. Real Prop Farm & Ranch 3,675,480 N/A 3,675,480 3,675,480
E. Real Prop NonQual Acres 22,095,940 N/A 22,095,940 22,095,940
F1. Commercial Real 5,899,034 N/A 5,899,034 5,899,034
F2. Industrial Real 28,057,575 N/A 28,057,575 28,057,575
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 22,104,708 N/A 22,104,708 22,104,708
L1. Commercial Personal 6,099,758 N/A 6,099,758 6,099,758
L2. Industrial Personal 25,942,110 N/A 25,942,110 25,942,110
M. Other Personal 109,543 N/A 109,543 109,543
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 15,393 N/A 15,393 15,393
Subtotal 170,345,810 170,345,810 170,345,810
Less Total Deductions 14,998,255   14,998,255 14,998,255
Total Taxable Value 155,347,555 155,347,555 155,347,555 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
160,344,990 155,347,555 160,344,990 155,347,555 155,347,555 155,347,555


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,997,435 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
160,344,990 155,347,555 160,344,990 155,347,555 155,347,555 155,347,555

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

185-902/Farwell ISD



Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 32,432,688 N/A 32,432,688 32,432,688
B. Multi-Family Residences 754,362 N/A 754,362 754,362
C1. Vacant Lots 512,851 N/A 512,851 512,851
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 26,113,507 N/A 26,113,507 26,113,507
D2. Real Prop Farm & Ranch 4,752,275 N/A 4,752,275 4,752,275
E. Real Prop NonQual Acres 24,782,378 N/A 24,782,378 24,782,378
F1. Commercial Real 5,899,034 N/A 5,899,034 5,899,034
F2. Industrial Real 28,175,380 N/A 28,175,380 28,175,380
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 22,438,818 N/A 22,438,818 22,438,818
L1. Commercial Personal 6,230,808 N/A 6,230,808 6,230,808
L2. Industrial Personal 25,942,110 N/A 25,942,110 25,942,110
M. Other Personal 119,779 N/A 119,779 119,779
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 15,393 N/A 15,393 15,393
Subtotal 178,169,383 178,169,383 178,169,383
Less Total Deductions 15,595,762   15,595,762 15,595,762
Total Taxable Value 162,573,621 162,573,621 162,573,621 T2

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