taxes Property Tax Assistance

2023 ISD Summary Worksheet

110-Hockley/Hockley County

152-907/Frenship ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,473,070 N/A 3,473,070 3,473,070
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 14,175,720 N/A 14,175,720 14,175,720
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 356,811 N/A 356,811 356,811
D2 - FARM & RANCH IMP 67,670 N/A 67,670 67,670
E - NON-AG LAND AND IMPROVEMENTS 3,476,776 N/A 3,476,776 3,476,776
F1 - COMMERCIAL REAL 7,370 N/A 7,370 7,370
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,107,260 N/A 1,107,260 1,107,260
J - ALL UTILITIES 302,640 N/A 302,640 302,640
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 95,000 N/A 95,000 95,000
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 23,062,317 0 23,062,317 23,062,317
Less Total Deductions 1,953,111 0 1,953,111 1,953,111
Total Taxable Value 21,109,206 0 21,109,206 21,109,206

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

Measure Value Description
T1 21,659,781 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 21,109,206 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 21,659,781 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 21,109,206 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 21,944,781 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 22,134,781 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 21,138,801 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 21,659,781 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 21,109,206 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 21,659,781 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 21,109,206 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 21,944,781 T13 plus the loss to the chapter 313 agreement
T16 22,134,781 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 21,138,801 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 550,575 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 285,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 190,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED

152-Lubbock/Lubbock County

152-907/Frenship ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 5,041,145,908 0.9648 5,225,068,313 5,041,145,908
B - MULTIFAMILY 576,994,833 1.1014 523,874,009 576,994,833
C1 - VACANT LOTS 173,295,566 N/A 173,295,566 173,295,566
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,604,336 0.7159 12,018,959 8,604,336
D2 - FARM & RANCH IMP 2,329,750 N/A 2,329,750 2,329,750
E - NON-AG LAND AND IMPROVEMENTS 196,657,558 N/A 196,657,558 196,657,558
F1 - COMMERCIAL REAL 1,240,424,481 1.0585 1,171,870,081 1,240,424,481
F2 - INDUSTRIAL REAL 12,541,315 N/A 12,541,315 12,541,315
G - ALL MINERALS 2,084,910 N/A 2,084,910 2,084,910
J - ALL UTILITIES 102,644,986 N/A 102,644,986 102,644,986
L1 - COMMERCIAL PERSONAL 344,620,154 0.9779 352,408,379 344,620,154
L2 - INDUSTRIAL PERSONAL 21,269,065 N/A 21,269,065 21,269,065
M1 - MOBILE HOMES 18,629,099 N/A 18,629,099 18,629,099
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 36,259,090 N/A 36,259,090 36,259,090
S - SPECIAL INVENTORY 84,581,197 N/A 84,581,197 84,581,197
Subtotal 7,862,082,248 0 7,935,532,277 7,862,082,248
Less Total Deductions 1,718,756,209 0 1,759,239,057 1,718,756,209
Total Taxable Value 6,143,326,039 0 6,176,293,220 6,143,326,039

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

Measure Value Description
T1 6,790,536,803 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,143,326,039 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 6,790,536,803 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,143,326,039 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,976,866,803 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 7,101,086,803 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 6,188,651,837 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 6,790,536,803 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,143,326,039 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 6,790,536,803 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,143,326,039 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,976,866,803 T13 plus the loss to the chapter 313 agreement
T16 7,101,086,803 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 6,188,651,837 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 647,210,764 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 186,330,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 124,220,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

152-907-02/Frenship ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 5,044,618,978 0.9648 5,228,541,383 5,044,618,978
B - MULTIFAMILY 576,994,833 1.1014 523,874,009 576,994,833
C1 - VACANT LOTS 187,471,286 N/A 187,471,286 187,471,286
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,961,147 0.7241 12,375,770 8,961,147
D2 - FARM & RANCH IMP 2,397,420 N/A 2,397,420 2,397,420
E - NON-AG LAND AND IMPROVEMENTS 200,134,334 N/A 200,134,334 200,134,334
F1 - COMMERCIAL REAL 1,240,431,851 1.0585 1,171,877,451 1,240,431,851
F2 - INDUSTRIAL REAL 12,541,315 N/A 12,541,315 12,541,315
G - ALL MINERALS 3,192,170 N/A 3,192,170 3,192,170
J - ALL UTILITIES 102,947,626 N/A 102,947,626 102,947,626
L1 - COMMERCIAL PERSONAL 344,620,154 0.9779 352,408,379 344,620,154
L2 - INDUSTRIAL PERSONAL 21,269,065 N/A 21,269,065 21,269,065
M1 - MOBILE HOMES 18,724,099 N/A 18,724,099 18,724,099
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 36,259,090 N/A 36,259,090 36,259,090
S - SPECIAL INVENTORY 84,581,197 N/A 84,581,197 84,581,197
Subtotal 7,885,144,565 7,958,594,594 7,885,144,565
Less Total Deductions 1,720,709,320 1,761,192,168 1,720,709,320
Total Taxable Value 6,164,435,245 6,197,402,426 6,164,435,245

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

Measure Value Description
T1 6,812,196,584 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,164,435,245 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 6,812,196,584 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,164,435,245 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,998,811,584 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 7,123,221,584 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 6,209,790,638 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 6,812,196,584 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,164,435,245 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 6,812,196,584 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,164,435,245 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,998,811,584 T13 plus the loss to the chapter 313 agreement
T16 7,123,221,584 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 6,209,790,638 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 647,761,339 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 186,615,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 124,410,000 Loss to Second Previous Homestead Increase