taxes Property Tax Assistance

2020 ISD Summary Worksheet

198-Robertson

198-903/Franklin ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 217,520,343 0.9816 221,597,741 217,520,343
B - MULTIFAMILY 4,070,862 N/A 4,070,862 4,070,862
C1 - VACANT LOTS 6,849,244 N/A 6,849,244 6,849,244
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,415,042 1.2782 15,971,978 20,415,042
D2 - FARM & RANCH IMP 28,227,775 N/A 28,227,775 28,227,775
E - NON-AG LAND AND IMPROVEMENTS 242,628,848 0.9545 254,194,707 242,628,848
F1 - COMMERCIAL REAL 22,910,984 N/A 22,910,984 22,910,984
F2 - INDUSTRIAL REAL 1,150,463,930 N/A 1,150,463,930 1,150,463,930
G - ALL MINERALS 188,704,319 0.9654 195,467,494 188,704,319
J - ALL UTILITIES 102,507,697 0.8679 118,110,032 102,507,697
L1 - COMMERCIAL PERSONAL 11,276,540 N/A 11,276,540 11,276,540
L2 - INDUSTRIAL PERSONAL 81,590,921 N/A 81,590,921 81,590,921
M1 - MOBILE HOMES 12,814,176 N/A 12,814,176 12,814,176
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 2,089,980,681 0 2,123,546,384 2,089,980,681
Less Total Deductions 365,363,051 0 367,681,329 365,363,051
Total Taxable Value 1,724,617,630 0 1,755,865,055 1,724,617,630

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
1,737,615,627 1,724,617,630 1,737,615,627 1,724,617,630


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,997,997 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
1,737,615,627 1,724,617,630 1,737,615,627 1,724,617,630

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

198-903-02/Franklin ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 217,520,343 0.9816 221,597,741 217,520,343
B - MULTIFAMILY 4,070,862 N/A 4,070,862 4,070,862
C1 - VACANT LOTS 6,849,244 N/A 6,849,244 6,849,244
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,415,042 1.2782 15,971,978 20,415,042
D2 - FARM & RANCH IMP 28,227,775 N/A 28,227,775 28,227,775
E - NON-AG LAND AND IMPROVEMENTS 242,628,848 0.9545 254,194,707 242,628,848
F1 - COMMERCIAL REAL 22,910,984 N/A 22,910,984 22,910,984
F2 - INDUSTRIAL REAL 1,150,463,930 N/A 1,150,463,930 1,150,463,930
G - ALL MINERALS 188,704,319 0.9654 195,467,494 188,704,319
J - ALL UTILITIES 102,507,697 0.8679 118,110,032 102,507,697
L1 - COMMERCIAL PERSONAL 11,276,540 N/A 11,276,540 11,276,540
L2 - INDUSTRIAL PERSONAL 81,590,921 N/A 81,590,921 81,590,921
M1 - MOBILE HOMES 12,814,176 N/A 12,814,176 12,814,176
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 2,089,980,681 2,123,546,384 2,089,980,681
Less Total Deductions 365,363,051 367,681,329 365,363,051
Total Taxable Value 1,724,617,630 1,755,865,055 1,724,617,630

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
1,737,615,627 1,724,617,630 1,737,615,627 1,724,617,630


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,997,997 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
1,737,615,627 1,724,617,630 1,737,615,627 1,724,617,630

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