taxes Property Tax Assistance

2022 ISD Summary Worksheet

043-Collin /Collin County

043-904/Farmersville ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	792,099,907	0.9660	819,979,200	792,099,907
B - MULTIFAMILY	7,903,302	N/A	7,903,302	7,903,302
C1 - VACANT LOTS	45,802,811	N/A	45,802,811	45,802,811
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,820,130	1.4976	2,550,870	3,820,130
D2 - FARM & RANCH IMP	5,817,760	N/A	5,817,760	5,817,760
E - NON-AG LAND AND IMPROVEMENTS	290,810,389	0.9672	300,672,445	290,810,389
F1 - COMMERCIAL REAL	81,580,117	0.8095	100,778,403	81,580,117
F2 - INDUSTRIAL REAL	14,608,921	N/A	14,608,921	14,608,921
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	89,051,403	0.9578	92,974,946	89,051,403
L1 - COMMERCIAL PERSONAL	26,290,680	N/A	26,290,680	26,290,680
L2 - INDUSTRIAL PERSONAL	12,402,854	N/A	12,402,854	12,402,854
M1 - MOBILE HOMES	11,667,548	N/A	11,667,548	11,667,548
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	8,876,191	N/A	8,876,191	8,876,191
S - SPECIAL INVENTORY	853,922	N/A	853,922	853,922
Subtotal	1,391,585,935	0	1,451,179,853	1,391,585,935
Less Total Deductions	280,028,674	0	290,557,500	280,028,674
Total Taxable Value	1,111,557,261	0	1,160,622,353	1,111,557,261

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	T13
1,140,321,035	1,111,557,261	1,140,321,035	1,111,557,261	1,162,091,035

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
28,763,774	0	21,770,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
1,140,321,035	1,111,557,261	1,140,321,035	1,111,557,261	1,162,091,035

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

043-904-02/Farmersville ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	792,099,907	0.9660	819,979,200	792,099,907
B - MULTIFAMILY	7,903,302	N/A	7,903,302	7,903,302
C1 - VACANT LOTS	45,802,811	N/A	45,802,811	45,802,811
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,820,130	1.4976	2,550,870	3,820,130
D2 - FARM & RANCH IMP	5,817,760	N/A	5,817,760	5,817,760
E - NON-AG LAND AND IMPROVEMENTS	290,810,389	0.9672	300,672,445	290,810,389
F1 - COMMERCIAL REAL	81,580,117	0.8095	100,778,403	81,580,117
F2 - INDUSTRIAL REAL	14,608,921	N/A	14,608,921	14,608,921
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	89,051,403	0.9578	92,974,946	89,051,403
L1 - COMMERCIAL PERSONAL	26,290,680	N/A	26,290,680	26,290,680
L2 - INDUSTRIAL PERSONAL	12,402,854	N/A	12,402,854	12,402,854
M1 - MOBILE HOMES	11,667,548	N/A	11,667,548	11,667,548
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	8,876,191	N/A	8,876,191	8,876,191
S - SPECIAL INVENTORY	853,922	N/A	853,922	853,922
Subtotal	1,391,585,935		1,451,179,853	1,391,585,935
Less Total Deductions	280,028,674		290,557,500	280,028,674
Total Taxable Value	1,111,557,261		1,160,622,353	1,111,557,261

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	T13
1,140,321,035	1,111,557,261	1,140,321,035	1,111,557,261	1,162,091,035

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
28,763,774	0	21,770,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
1,140,321,035	1,111,557,261	1,140,321,035	1,111,557,261	1,162,091,035

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement