taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

059/Deaf Smith

185-903/Friona ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 0 N/A 0 0
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) 1,159,597 N/A 1,159,597 1,159,597
D2. Real Prop Farm & Ranch 66,200 N/A 66,200 66,200
E. Real Prop NonQual Acres 447,700 N/A 447,700 447,700
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 46,600 N/A 46,600 46,600
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 1,720,097 1,720,097 1,720,097
Less Total Deductions 51,311   51,311 51,311
Total Taxable Value 1,668,786 1,668,786 1,668,786 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
1,688,786 1,668,786 1,688,786 1,668,786 1,668,786 1,668,786


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,000 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
1,688,786 1,668,786 1,688,786 1,668,786 1,668,786 1,668,786

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

185-903/Friona ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 68,936,977 .9520 72,412,791 68,936,977
B. Multi-Family Residences 1,330,628 N/A 1,330,628 1,330,628
C1. Vacant Lots 351,150 N/A 351,150 351,150
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,740,221 1.5697 19,584,120 30,740,221
D2. Real Prop Farm & Ranch 4,167,410 N/A 4,167,410 4,167,410
E. Real Prop NonQual Acres 23,964,133 .9487 25,259,969 23,964,133
F1. Commercial Real 7,175,882 N/A 7,175,882 7,175,882
F2. Industrial Real 57,035,397 N/A 57,035,397 57,035,397
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 32,679,122 1.0254 31,869,633 32,679,122
L1. Commercial Personal 13,971,028 1.0053 13,897,372 13,971,028
L2. Industrial Personal 124,680,463 N/A 124,680,463 124,680,463
M. Other Personal 375,067 N/A 375,067 375,067
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 651,268 N/A 651,268 651,268
Subtotal 366,058,746 358,791,150 366,058,746
Less Total Deductions 29,691,207   31,115,302 29,691,207
Total Taxable Value 336,367,539 327,675,848 336,367,539 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
346,001,843 336,367,539 346,001,843 336,367,539 336,367,539 336,367,539


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,634,304 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
346,001,843 336,367,539 346,001,843 336,367,539 336,367,539 336,367,539

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

185-903/Friona ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 68,936,977 .9520 72,412,791 68,936,977
B. Multi-Family Residences 1,330,628 N/A 1,330,628 1,330,628
C1. Vacant Lots 351,150 N/A 351,150 351,150
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 31,899,818 1.5378 20,743,717 31,899,818
D2. Real Prop Farm & Ranch 4,233,610 N/A 4,233,610 4,233,610
E. Real Prop NonQual Acres 24,411,833 .9496 25,707,669 24,411,833
F1. Commercial Real 7,175,882 N/A 7,175,882 7,175,882
F2. Industrial Real 57,035,397 N/A 57,035,397 57,035,397
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 32,725,722 1.0254 31,916,233 32,725,722
L1. Commercial Personal 13,971,028 1.0053 13,897,372 13,971,028
L2. Industrial Personal 124,680,463 N/A 124,680,463 124,680,463
M. Other Personal 375,067 N/A 375,067 375,067
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 651,268 N/A 651,268 651,268
Subtotal 367,778,843 360,511,247 367,778,843
Less Total Deductions 29,742,518   31,166,613 29,742,518
Total Taxable Value 338,036,325 329,344,634 338,036,325 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