taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

059/Deaf Smith

185-903/Friona ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 11,300 N/A 11,300 11,300
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) 1,172,499 N/A 1,172,499 1,172,499
D2. Real Prop Farm & Ranch 74,200 N/A 74,200 74,200
E. Real Prop NonQual Acres 453,500 N/A 453,500 453,500
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 49,700 N/A 49,700 49,700
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 1,761,199 1,761,199 1,761,199
Less Total Deductions 89,940   89,940 89,940
Total Taxable Value 1,671,259 1,671,259 1,671,259 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
1,691,259 1,671,259 1,691,259 1,671,259


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

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,691,259 1,671,259 1,691,259 1,671,259

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 77,249,705 N/A 77,249,705 77,249,705
B. Multi-Family Residences 1,552,300 N/A 1,552,300 1,552,300
C1. Vacant Lots 578,409 N/A 578,409 578,409
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 29,841,781 N/A 29,841,781 29,841,781
D2. Real Prop Farm & Ranch 4,187,590 N/A 4,187,590 4,187,590
E. Real Prop NonQual Acres 28,806,965 N/A 28,806,965 28,806,965
F1. Commercial Real 8,897,481 N/A 8,897,481 8,897,481
F2. Industrial Real 61,525,755 N/A 61,525,755 61,525,755
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 32,694,785 N/A 32,694,785 32,694,785
L1. Commercial Personal 16,314,569 N/A 16,314,569 16,314,569
L2. Industrial Personal 105,500,625 N/A 105,500,625 105,500,625
M. Other Personal 402,522 N/A 402,522 402,522
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 834,082 N/A 834,082 834,082
Subtotal 368,386,569 368,386,569 368,386,569
Less Total Deductions 38,707,483   38,707,483 38,707,483
Total Taxable Value 329,679,086 329,679,086 329,679,086 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
337,272,547 329,679,086 337,272,547 329,679,086


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,593,461 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
337,272,547 329,679,086 337,272,547 329,679,086

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

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

185-903/Friona ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 77,261,005 N/A 77,261,005 77,261,005
B. Multi-Family Residences 1,552,300 N/A 1,552,300 1,552,300
C1. Vacant Lots 578,409 N/A 578,409 578,409
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 31,014,280 N/A 31,014,280 31,014,280
D2. Real Prop Farm & Ranch 4,261,790 N/A 4,261,790 4,261,790
E. Real Prop NonQual Acres 29,260,465 N/A 29,260,465 29,260,465
F1. Commercial Real 8,897,481 N/A 8,897,481 8,897,481
F2. Industrial Real 61,525,755 N/A 61,525,755 61,525,755
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 32,744,485 N/A 32,744,485 32,744,485
L1. Commercial Personal 16,314,569 N/A 16,314,569 16,314,569
L2. Industrial Personal 105,500,625 N/A 105,500,625 105,500,625
M. Other Personal 402,522 N/A 402,522 402,522
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 834,082 N/A 834,082 834,082
Subtotal 370,147,768 370,147,768 370,147,768
Less Total Deductions 38,797,423   38,797,423 38,797,423
Total Taxable Value 331,350,345 331,350,345 331,350,345 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