taxes Property Tax Assistance

2019 ISD Summary Worksheet

001-Anderson

001-904/Frankston ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 70,421,256 0.9163 76,853,930 70,421,256
B. MULTIFAMILY RESIDENCES 1,964,162 N/A 1,964,162 1,964,162
C1. VACANT LOTS 1,506,793 N/A 1,506,793 1,506,793
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,050,930 0.8084 5,010,903 4,050,930
D2. REAL PROP:FARM & RANCH 250,123 N/A 250,123 250,123
E. REAL PROP NONQUAL ACREAGE 70,211,665 0.9341 75,165,041 70,211,665
F1. COMMERCIAL REAL 15,720,875 0.9078 17,317,553 15,720,875
F2. INDUSTRIAL REAL 633,666 N/A 633,666 633,666
G. OIL,GAS,MINERALS 9,839,483 N/A 9,839,483 9,839,483
J. UTILITIES 15,934,807 0.8928 17,848,126 15,934,807
L1. COMMERCIAL PERSONAL 3,855,034 N/A 3,855,034 3,855,034
L2. INDUSTRIAL PERSONAL 13,071,052 N/A 13,071,052 13,071,052
M. MOBILE HOMES 4,237,735 N/A 4,237,735 4,237,735
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 346,999 N/A 346,999 346,999
S. SPECIAL INVENTORY 2,098,571 N/A 2,098,571 2,098,571
Subtotal 214,143,151 0 229,999,171 214,143,151
Less Total Deductions 40,546,479 0 44,726,336 40,546,479
Total Taxable Value 173,596,672 0 185,272,835 173,596,672

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
180,245,558 173,596,672 171,140,984 164,492,098


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,648,886 9,104,574


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
180,245,558 173,596,672 171,140,984 164,492,098

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

001-904-02/Frankston ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 70,421,256 0.9163 76,853,930 70,421,256
B. MULTIFAMILY RESIDENCES 1,964,162 N/A 1,964,162 1,964,162
C1. VACANT LOTS 1,506,793 N/A 1,506,793 1,506,793
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,050,930 0.8084 5,010,903 4,050,930
D2. REAL PROP:FARM & RANCH 250,123 N/A 250,123 250,123
E. REAL PROP NONQUAL ACREAGE 70,211,665 0.9341 75,165,041 70,211,665
F1. COMMERCIAL REAL 15,720,875 0.9078 17,317,553 15,720,875
F2. INDUSTRIAL REAL 633,666 N/A 633,666 633,666
G. OIL,GAS,MINERALS 9,839,483 N/A 9,839,483 9,839,483
J. UTILITIES 15,934,807 0.8928 17,848,126 15,934,807
L1. COMMERCIAL PERSONAL 3,855,034 N/A 3,855,034 3,855,034
L2. INDUSTRIAL PERSONAL 13,071,052 N/A 13,071,052 13,071,052
M. MOBILE HOMES 4,237,735 N/A 4,237,735 4,237,735
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 346,999 N/A 346,999 346,999
S. SPECIAL INVENTORY 2,098,571 N/A 2,098,571 2,098,571
Subtotal 214,143,151 229,999,171 214,143,151
Less Total Deductions 40,546,479 44,726,336 40,546,479
Total Taxable Value 173,596,672 185,272,835 173,596,672

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
180,245,558 173,596,672 171,140,984 164,492,098


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,648,886 9,104,574


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
180,245,558 173,596,672 171,140,984 164,492,098

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