taxes Property Tax Assistance

2017 ISD Summary Worksheet

009/Bailey

185-902/Farwell ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 8,729 N/A 8,729 8,729
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) 2,553,782 N/A 2,553,782 2,553,782
D2. Real Prop Farm & Ranch 1,077,604 N/A 1,077,604 1,077,604
E. Real Prop NonQual Acres 3,314,426 N/A 3,314,426 3,314,426
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 118,145 N/A 118,145 118,145
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 397,300 N/A 397,300 397,300
L1. Commercial Personal 297,700 N/A 297,700 297,700
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 101,828 N/A 101,828 101,828
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 7,869,514 7,869,514 7,869,514
Less Total Deductions 711,069   711,069 711,069
Total Taxable Value 7,158,445 7,158,445 7,158,445 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
7,348,445 7,158,445 7,348,445 7,158,445


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
190,000 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
7,348,445 7,158,445 7,348,445 7,158,445

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

185-902/Farwell ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 38,459,474 N/A 38,459,474 38,459,474
B. Multi-Family Residences 1,409,482 N/A 1,409,482 1,409,482
C1. Vacant Lots 944,869 N/A 944,869 944,869
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,371,824 N/A 13,371,824 13,371,824
D2. Real Prop Farm & Ranch 3,568,673 N/A 3,568,673 3,568,673
E. Real Prop NonQual Acres 29,614,996 N/A 29,614,996 29,614,996
F1. Commercial Real 5,721,842 N/A 5,721,842 5,721,842
F2. Industrial Real 30,976,298 N/A 30,976,298 30,976,298
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 27,486,027 N/A 27,486,027 27,486,027
L1. Commercial Personal 8,232,477 N/A 8,232,477 8,232,477
L2. Industrial Personal 18,884,528 N/A 18,884,528 18,884,528
M. Other Personal 155,913 N/A 155,913 155,913
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 170,514 N/A 170,514 170,514
Subtotal 178,996,917 178,996,917 178,996,917
Less Total Deductions 20,998,577   20,998,577 20,998,577
Total Taxable Value 157,998,340 157,998,340 157,998,340 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
161,984,564 157,998,340 161,984,564 157,998,340


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,986,224 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
161,984,564 157,998,340 161,984,564 157,998,340

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

185-902/Farwell ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 38,468,203 N/A 38,468,203 38,468,203
B. Multi-Family Residences 1,409,482 N/A 1,409,482 1,409,482
C1. Vacant Lots 944,869 N/A 944,869 944,869
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,925,606 N/A 15,925,606 15,925,606
D2. Real Prop Farm & Ranch 4,646,277 N/A 4,646,277 4,646,277
E. Real Prop NonQual Acres 32,929,422 N/A 32,929,422 32,929,422
F1. Commercial Real 5,721,842 N/A 5,721,842 5,721,842
F2. Industrial Real 31,094,443 N/A 31,094,443 31,094,443
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 27,883,327 N/A 27,883,327 27,883,327
L1. Commercial Personal 8,530,177 N/A 8,530,177 8,530,177
L2. Industrial Personal 18,884,528 N/A 18,884,528 18,884,528
M. Other Personal 257,741 N/A 257,741 257,741
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 170,514 N/A 170,514 170,514
Subtotal 186,866,431 186,866,431 186,866,431
Less Total Deductions 21,709,646   21,709,646 21,709,646
Total Taxable Value 165,156,785 165,156,785 165,156,785 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

185-902/Farwell ISD

Final Values Worksheet

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
169,333,009 165,156,785 169,333,009 165,156,785


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,176,224 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
169,333,009 165,156,785 169,333,009 165,156,785

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