198-Robertson/Robertson County
198-903/Franklin ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
323,675,149 |
0.9359 |
345,843,732 |
323,675,149 |
| B - MULTIFAMILY |
7,762,554 |
N/A |
7,762,554 |
7,762,554 |
| C1 - VACANT LOTS |
10,241,587 |
N/A |
10,241,587 |
10,241,587 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
28,396,276 |
1.4507 |
19,574,077 |
28,396,276 |
| D2 - FARM & RANCH IMP |
49,462,626 |
N/A |
49,462,626 |
49,462,626 |
| E - NON-AG LAND AND IMPROVEMENTS |
354,142,161 |
0.7788 |
454,727,993 |
354,142,161 |
| F1 - COMMERCIAL REAL |
31,869,003 |
N/A |
31,869,003 |
31,869,003 |
| F2 - INDUSTRIAL REAL |
1,011,606,172 |
N/A |
1,011,606,172 |
1,011,606,172 |
| G - ALL MINERALS |
375,620,991 |
1.0027 |
374,609,545 |
375,620,991 |
| J - ALL UTILITIES |
141,329,194 |
0.9627 |
146,805,021 |
141,329,194 |
| L1 - COMMERCIAL PERSONAL |
12,711,255 |
N/A |
12,711,255 |
12,711,255 |
| L2 - INDUSTRIAL PERSONAL |
104,111,986 |
N/A |
104,111,986 |
104,111,986 |
| M1 - MOBILE HOMES |
20,541,065 |
N/A |
20,541,065 |
20,541,065 |
| 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 |
2,471,470,019 |
0 |
2,589,866,616 |
2,471,470,019 |
| Less Total Deductions |
482,261,751 |
0 |
495,236,638 |
482,261,751 |
| Total Taxable Value |
1,989,208,268 |
0 |
2,094,629,978 |
1,989,208,268 |
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 |
2,063,613,661 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
1,989,208,268 |
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 |
2,063,613,661 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
1,989,208,268 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
2,090,133,661 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
2,107,813,661 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
2,020,493,268 |
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 |
2,063,613,661 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
1,989,208,268 |
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 |
2,063,613,661 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
1,989,208,268 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
2,090,133,661 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
2,107,813,661 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
2,020,493,268 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
74,405,393 |
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 |
26,520,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
17,680,000 |
Loss to Second Previous Homestead Increase |
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 |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
323,675,149 |
0.9359 |
345,843,732 |
323,675,149 |
| B - MULTIFAMILY |
7,762,554 |
N/A |
7,762,554 |
7,762,554 |
| C1 - VACANT LOTS |
10,241,587 |
N/A |
10,241,587 |
10,241,587 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
28,396,276 |
1.4507 |
19,574,077 |
28,396,276 |
| D2 - FARM & RANCH IMP |
49,462,626 |
N/A |
49,462,626 |
49,462,626 |
| E - NON-AG LAND AND IMPROVEMENTS |
354,142,161 |
0.7788 |
454,727,993 |
354,142,161 |
| F1 - COMMERCIAL REAL |
31,869,003 |
N/A |
31,869,003 |
31,869,003 |
| F2 - INDUSTRIAL REAL |
1,011,606,172 |
N/A |
1,011,606,172 |
1,011,606,172 |
| G - ALL MINERALS |
375,620,991 |
1.0027 |
374,609,545 |
375,620,991 |
| J - ALL UTILITIES |
141,329,194 |
0.9627 |
146,805,021 |
141,329,194 |
| L1 - COMMERCIAL PERSONAL |
12,711,255 |
N/A |
12,711,255 |
12,711,255 |
| L2 - INDUSTRIAL PERSONAL |
104,111,986 |
N/A |
104,111,986 |
104,111,986 |
| M1 - MOBILE HOMES |
20,541,065 |
N/A |
20,541,065 |
20,541,065 |
| 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 |
2,471,470,019 |
|
2,589,866,616 |
2,471,470,019 |
| Less Total Deductions |
482,261,751 |
|
495,236,638 |
482,261,751 |
| Total Taxable Value |
1,989,208,268 |
|
2,094,629,978 |
1,989,208,268 |
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 |
2,063,613,661 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
1,989,208,268 |
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 |
2,063,613,661 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
1,989,208,268 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
2,090,133,661 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
2,107,813,661 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
2,020,493,268 |
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 |
2,063,613,661 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
1,989,208,268 |
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 |
2,063,613,661 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
1,989,208,268 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
2,090,133,661 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
2,107,813,661 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
2,020,493,268 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
74,405,393 |
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 |
26,520,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
17,680,000 |
Loss to Second Previous Homestead Increase |
