taxes Property Tax Assistance

2019 ISD Summary Worksheet

198-Robertson

198-903/Franklin ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 196,647,963 0.8894 221,101,825 196,647,963
B. MULTIFAMILY RESIDENCES 3,300,825 N/A 3,300,825 3,300,825
C1. VACANT LOTS 5,706,956 N/A 5,706,956 5,706,956
D1. QUALIFIED AG LAND 16,802,644 1.0343 16,244,708 16,802,644
D2. REAL PROP:FARM & RANCH 34,902,183 N/A 34,902,183 34,902,183
E. REAL PROP NONQUAL ACREAGE 208,539,122 0.8197 254,409,079 208,539,122
F1. COMMERCIAL REAL 19,300,050 N/A 19,300,050 19,300,050
F2. INDUSTRIAL REAL 1,129,674,620 N/A 1,129,674,620 1,129,674,620
G. OIL,GAS,MINERALS 251,318,617 1.0037 250,392,166 251,318,617
J. UTILITIES 82,590,445 0.8768 94,195,307 82,590,445
L1. COMMERCIAL PERSONAL 10,022,982 N/A 10,022,982 10,022,982
L2. INDUSTRIAL PERSONAL 82,851,242 N/A 82,851,242 82,851,242
M. MOBILE HOMES 11,419,084 N/A 11,419,084 11,419,084
Subtotal 2,053,076,733 0 2,133,521,027 2,053,076,733
Less Total Deductions 349,998,624 0 363,036,107 349,998,624
Total Taxable Value 1,703,078,109 0 1,770,484,920 1,703,078,109

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
1,716,241,739 1,703,078,109 1,716,241,739 1,703,078,109


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,163,630 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
1,716,241,739 1,703,078,109 1,716,241,739 1,703,078,109

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

198-903-02/Franklin ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 196,647,963 0.8894 221,101,825 196,647,963
B. MULTIFAMILY RESIDENCES 3,300,825 N/A 3,300,825 3,300,825
C1. VACANT LOTS 5,706,956 N/A 5,706,956 5,706,956
D1. QUALIFIED AG LAND 16,802,644 1.0343 16,244,708 16,802,644
D2. REAL PROP:FARM & RANCH 34,902,183 N/A 34,902,183 34,902,183
E. REAL PROP NONQUAL ACREAGE 208,539,122 0.8197 254,409,079 208,539,122
F1. COMMERCIAL REAL 19,300,050 N/A 19,300,050 19,300,050
F2. INDUSTRIAL REAL 1,129,674,620 N/A 1,129,674,620 1,129,674,620
G. OIL,GAS,MINERALS 251,318,617 1.0037 250,392,166 251,318,617
J. UTILITIES 82,590,445 0.8768 94,195,307 82,590,445
L1. COMMERCIAL PERSONAL 10,022,982 N/A 10,022,982 10,022,982
L2. INDUSTRIAL PERSONAL 82,851,242 N/A 82,851,242 82,851,242
M. MOBILE HOMES 11,419,084 N/A 11,419,084 11,419,084
Subtotal 2,053,076,733 2,133,521,027 2,053,076,733
Less Total Deductions 349,998,624 363,036,107 349,998,624
Total Taxable Value 1,703,078,109 1,770,484,920 1,703,078,109

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
1,716,241,739 1,703,078,109 1,716,241,739 1,703,078,109


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,163,630 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
1,716,241,739 1,703,078,109 1,716,241,739 1,703,078,109

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