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2012 ISD Summary Worksheet

009/Bailey

185-902/Farwell ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 233,532 N/A 233,532 233,532
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 0 N/A 0 0
D. Rural Real(Taxable) 7,009,731 N/A 7,009,731 7,009,731
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 119,052 N/A 119,052 119,052
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 326,880 N/A 326,880 326,880
L1. Commercial Personal 38,474 N/A 38,474 38,474
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 10,980 N/A 10,980 10,980
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 7,738,649 7,738,649 7,738,649
Less Total Deductions 613,917   613,917 613,917
Total Taxable Value 7,124,732 7,124,732 7,124,732 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 3,678,710 N/A 3,678,710
Prod Value Qualified Acres 3,331,021 N/A 3,331,021
Taxable Value 7,009,731   7,009,731

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
7,334,732 7,124,732 7,334,732 7,124,732 7,124,732 7,124,732


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
7,334,732 7,124,732 7,334,732 7,124,732 7,124,732 7,124,732

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 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 31,332,077 .9742 32,161,853 31,332,077
B. Multi-Family Residences 749,684 N/A 749,684 749,684
C. Vacant Lots 151,937 N/A 151,937 151,937
D. Rural Real(Taxable) 45,553,240 .8680 52,479,034 45,553,240
F1. Commercial Real 4,655,929 N/A 4,655,929 4,655,929
F2. Industrial Real 28,117,621 N/A 28,117,621 28,117,621
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 20,936,368 .9560 21,899,967 20,936,368
L1. Commercial Personal 5,760,858 .9996 5,763,163 5,760,858
L2. Industrial Personal 20,759,546 N/A 20,759,546 20,759,546
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 29,680 N/A 29,680 29,680
Subtotal 158,156,483 166,877,957 158,156,483
Less Total Deductions 15,224,736   15,599,486 15,224,736
Total Taxable Value 142,931,747 151,278,471 142,931,747 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 24,388,975 .9538 25,570,324
Prod Value Qualified Acres 21,164,265 .7865 26,908,710
Taxable Value 45,553,240   52,479,034

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
147,895,683 142,931,747 147,895,683 142,931,747 143,467,860 143,467,860


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,963,936 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
147,895,683 142,931,747 147,895,683 142,931,747 143,467,860 143,467,860

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 invalid, but local value was certified because your school district is in year one of the grace period.

185-902/Farwell ISD



Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 31,565,609 .9744 32,395,385 31,565,609
B. Multi-Family Residences 749,684 N/A 749,684 749,684
C. Vacant Lots 151,937 N/A 151,937 151,937
D. Rural Real(Taxable) 52,562,971 .8836 59,488,765 52,562,971
F1. Commercial Real 4,655,929 N/A 4,655,929 4,655,929
F2. Industrial Real 28,236,673 N/A 28,236,673 28,236,673
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 21,263,248 .9566 22,226,847 21,263,248
L1. Commercial Personal 5,799,332 .9996 5,801,637 5,799,332
L2. Industrial Personal 20,759,546 N/A 20,759,546 20,759,546
M. Other Personal 120,523 N/A 120,523 120,523
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 29,680 N/A 29,680 29,680
Subtotal 165,895,132 174,616,606 165,895,132
Less Total Deductions 15,838,653   16,213,403 15,838,653
Total Taxable Value 150,056,479 158,403,203 150,056,479 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 28,067,685 .9596 29,249,034
Prod Value Qualified Acres 24,495,286 .8100 30,239,731
Taxable Value 52,562,971   59,488,765

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

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