taxes Property Tax Assistance

2016 ISD Summary Worksheet

198/Robertson

198-903/Franklin ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 165,203,455 N/A 165,203,455 165,203,455
B. Multi-Family Residences 3,332,492 N/A 3,332,492 3,332,492
C1. Vacant Lots 5,105,137 N/A 5,105,137 5,105,137
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,380,366 N/A 14,380,366 14,380,366
D2. Real Prop Farm & Ranch 31,769,542 N/A 31,769,542 31,769,542
E. Real Prop NonQual Acres 173,414,664 N/A 173,414,664 173,414,664
F1. Commercial Real 17,587,602 N/A 17,587,602 17,587,602
F2. Industrial Real 1,468,190,870 N/A 1,468,190,870 1,468,190,870
G. Oil, Gas, Minerals 290,332,105 N/A 290,332,105 290,332,105
J. Utilities 98,852,972 N/A 98,852,972 98,852,972
L1. Commercial Personal 9,543,871 N/A 9,543,871 9,543,871
L2. Industrial Personal 82,407,079 N/A 82,407,079 82,407,079
M. Other Personal 10,818,201 N/A 10,818,201 10,818,201
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 2,370,938,356 2,370,938,356 2,370,938,356
Less Total Deductions 459,865,594   459,865,594 459,865,594
Total Taxable Value 1,911,072,762 1,911,072,762 1,911,072,762 T2

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
1,923,497,639 1,911,072,762 1,923,497,639 1,911,072,762


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,424,877 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
1,923,497,639 1,911,072,762 1,923,497,639 1,911,072,762

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 to be valid, and local value was certified