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2011 ISD Summary Worksheet

077/Floyd

077-901/Floydada ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 46,281,400 .9748 47,477,842 46,281,400
B. Multi-Family Residences 251,200 N/A 251,200 251,200
C. Vacant Lots 680,700 N/A 680,700 680,700
D. Rural Real(Taxable) 90,610,730 .9566 94,719,456 90,610,730
F1. Commercial Real 8,284,640 .9864 8,398,865 8,284,640
F2. Industrial Real 61,142,910 N/A 61,142,910 61,142,910
G. Oil, Gas, Minerals 129,340 N/A 129,340 129,340
J. Utilities 12,690,800 1.0502 12,084,174 12,690,800
L1. Commercial Personal 9,085,570 .9960 9,122,058 9,085,570
L2. Industrial Personal 5,625,400 N/A 5,625,400 5,625,400
M. Other Personal 132,310 N/A 132,310 132,310
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 234,915,000 239,764,255 234,915,000
Less Total Deductions 24,206,154   24,745,536 24,206,154
Total Taxable Value 210,708,846 215,018,719 210,708,846 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 19,578,000 .9939 19,698,159
Prod Value Qualified Acres 71,032,730 .9468 75,021,297
Taxable Value 90,610,730   94,719,456

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
220,576,456 210,708,846 220,576,456 210,708,846 210,708,846 210,708,846


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,867,610 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
220,576,456 210,708,846 220,576,456 210,708,846 210,708,846 210,708,846

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

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